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Use the counting principle to obtain the answer.
-A salesman packed 3 shirts and 6 ties. With one shirt, he could wear all 6 ties. With another shirt, He could wear 5 ties. With the third shirt, he could wear only 2 ties. How many different Combinations did he have?
Managerial Accounting Reports
Financial documents specifically prepared for a company's management to assist in strategic decision-making and operational planning.
According to GAAP
As per Generally Accepted Accounting Principles, which are a set of accounting standards and procedures used in the United States.
Financial Accounting Reports
Formal documents that communicate an organization's financial performance and position to external stakeholders, including income statements and balance sheets.
GAAP
Generally Accepted Accounting Principles; a set of rules and standards for financial reporting used in the United States.
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