In a Class of 30 Students, 18 Are Men, 6

question 160

Multiple Choice

In a class of 30 students, 18 are men, 6 are earning a B, and no men are earning a B. If a student is randomly selected from the class, find the probability that the student is a man or earning a B.

• A) .8
• B) .4
• C) .54
• D) .24

---

Definitions:

Treasury Stock

Shares that were once outstanding in the stock market but were bought back by the issuing company.

Paid-In Capital

Paid-in capital refers to the funds a company has garnered from its shareholders through the sale of stock shares.

Treasury Stock

Shares that were issued and subsequently reacquired by the company, held in the company's treasury and not considered when calculating earnings per share or dividends.

Par-Common Stock

The face value of common stock as stated in the corporate charter, which may differ from its market value.