Provide an Appropriate Response

question 174

Multiple Choice

Provide an appropriate response.
-When using the counting rules to count the number of possible outcomes, the combinations formula can be used in which of the following situations?

• A)When repetitions are not allowed and the order of arrangement is important
• B)When repetitions are allowed and the order of arrangement is unimportant
• C)When repetitions are not allowed and the order of arrangement is unimportant
• D)When repetitions are allowed and the order of arrangement is important

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Definitions:

Market Price

The amount at which something can be bought or sold on a given market.

Gross Margin Percentage

A financial metric that measures a company's financial health by revealing the proportion of money left over from revenues after accounting for the cost of goods sold (COGS).

Return On Equity

A financial ratio indicating the profitability of a firm in relation to its shareholders' equity, measuring how much profit is generated from the equity.

Return On Equity

calculates the amount of net income returned as a percentage of shareholders equity, measuring a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.