From 9 Names on a Ballot, a Committee of 3

question 71

Multiple Choice

From 9 names on a ballot, a committee of 3 will be elected to attend a political national convention. How manydifferent committees are possible?

• A) 84
• B) 504
• C) 60,480
• D) 252

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Definitions:

Liquidity Ratio

A financial metric used to determine a company's ability to pay off its short-term liabilities with its available liquid assets.

Profitability Ratio

Financial metrics that are used to assess a business's ability to generate income relative to its revenue, assets, or equity.

Solvency Ratio

Solvency Ratio indicates a company's ability to meet its long-term debts and obligations, measuring the size of its after-tax income relative to its liabilities.

Current Ratio

A financial ratio indicating how well a company can settle short-term debts using its current assets.