Determine C, If Possible, So That the Formula Describes

question 13

Multiple Choice

Determine c, if possible, so that the formula describes a discrete probability distribution. ​

• A)2
• C)194
• D)33
• E)not possible

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations by comparing its interest expenses to its earnings before interest and taxes.

Interest Expense

The cost incurred by an entity for borrowed funds.

Debt/Equity Ratio

A financial metric showing the balance between the amount of equity provided by shareholders and the debt incurred to support a company's assets.

Cost of Borrowing

The total expense incurred by an entity for borrowing funds, including interest payments, fees, and other charges.