Determine the Appropriate Counting Technique to Use

question 243

Multiple Choice

Determine the Appropriate Counting Technique to Use
-License plates are made using 3 letters followed by 2 digits. How many plates can be made if repetition of letters and digits is allowed

• A) 1,757,600
• B) 100,000
• C) 11,881,376
• D) 175,760

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Definitions:

Footnote

Additional information provided at the bottom of financial statements to clarify or expand on the data presented.

Pro Forma Income

An estimate of the net income and other financial metrics for a future period, based on projected revenues and expenses.

Nonrecurring

Items or events, such as extraordinary charges or gains, that are not expected to happen regularly or predictably.

Profitability Ratios

Financial metrics used to evaluate a company's ability to generate profit relative to its revenue, assets, equity, or other financial balances.