A Signal Is Made by Placing 3 Flags, One Above

question 413

Multiple Choice

A signal is made by placing 3 flags, one above the other, on a flag pole. If there are 8 different flags available, how many possible signals can be flown?

• A) 336
• B) 24
• C) 56
• D) 512

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Definitions:

Single-Step Statement

A simplified income statement that calculates net income by subtracting total expenses directly from total revenue with one step.

Gross Profit

is the financial gain obtained after subtracting the cost of goods sold (COGS) from total revenue.

Sales Revenues

The income earned by a company from its sales of goods or the provision of services, before any costs or expenses are deducted.