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From a Deck of 52 Ordinary Playing Cards, One Card

question 65

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From a deck of 52 ordinary playing cards, one card is drawn. What is the probability that it is a spade(S) ? ​


Definitions:

Operating Expenses

Expenses incurred from a company's operational activities, not including the cost of goods sold, typically including selling, general, and administrative expenses.

Gross Profit

The difference between revenue and the cost of goods sold, showing the basic profitability of a company’s core operations.

Stockholders' Equity

The value of a company's assets minus its liabilities, representing the ownership interest of the shareholders.

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