If a Die Is Rolled One Time, Find the Probability

question 1

Short Answer

If a die is rolled one time, find the probability of getting a number less than 4 and an even number.

Understand and calculate changes in net working capital and their impact on free cash flow.

Analyze and interpret the relationship between sales, accounts payable, and inventory management on cash flows.

Understand the calculation of required borrowing with compensating balances.

Be able to calculate the actual amount to borrow based on additional financing costs.

---

Definitions:

Current Liabilities

Short-term financial obligations that a company owes and is expected to pay within one year or its operational cycle, whichever is longer.

Compensating Balance

A minimum bank account balance that a borrower must maintain as a condition for obtaining a loan.

Interest Charges

The cost paid by a borrower for the use of borrowed money, or paid on a deposit or investment.

Needed Funds

The estimated financial resources required for an entity to carry out its planned activities or achieve its goals.