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While Selecting Candy for Students in His Class, Professor Murphy

question 35

Multiple Choice

While selecting candy for students in his class, Professor Murphy must choose between gummy candy and licorice nibs. Gummy candy packets come in 3 sizes, and packets of licorice nibs come in 3 sizes. If he chooses gummy candy, he must select gummy kangaroos, gummy lions, gummy bears, gummy worms or gummy dinos. If he chooses licorice nibs, he must choose between red and black. How many choices does he have ?


Definitions:

Cash Distribution

A payment made in cash to investors or stakeholders, often from the profits or reserves of a company or an investment fund.

Self-employment Income

Income earned from conducting business as an independent contractor, freelancer, or business owner, rather than as an employee.

Section 179 Expense

A tax deduction allowing businesses to deduct the full purchase price of qualifying equipment or software purchased or financed during the tax year.

Guaranteed Payment

A fixed payment made to a partner by a partnership, independent of the partnership's profitability.

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