Write the Converse of the Conditional Statement

question 47

Multiple Choice

Write the converse of the conditional statement. If I get a speeding ticket, my parents do not pay for my insurance.

• A) If my parents do not pay for my insurance, I get a speeding ticket.
• B) If my parents pay for my insurance, I do not get a speeding ticket.
• C) If I get a speeding ticket, my parents pay for my insurance.
• D) If I do not get a speeding ticket, my parents pay for my insurance.

Assess the degree of operating leverage and understand its implications for business risk and profitability.

Apply the margin of safety concept to evaluate business risk.

Determine the effects of introducing sales incentives on company profitability.

Understand the impact of advertising and promotional activities on sales and profitability.

---

Definitions:

Price Controls

Government-imposed limits on the prices charged for goods and services in a market, aimed at maintaining affordability or preventing inflation.

Hurricane

A powerful tropical cyclone with heavy rain and strong winds, originating over warm ocean waters and potentially causing significant damage upon landfall.

Availability

The state of being able to be used or obtained, typically referring to goods, services, or resources.