Solve the Problem $\frac { 1 } { 25 } ,$

question 168

Multiple Choice

Solve the problem.
- $\frac { 1 } { 25 } ,$ what are the odds against an earthquake?

• A)23 : 1
• B)25 : 1
• C)24 : 1
• D)1: 25

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Definitions:

Operating Line of Credit

A type of financing arrangement providing a business with the ability to borrow money up to a certain limit for operational purposes.

Negative Cash Balance

A situation where a company or individual's cash account balance drops below zero, indicating that the account is overdrawn.

Current Liability

Short-term financial obligations that are due within one year or within a normal operating cycle.

Bank Indebtedness

The amount of debt owed to banks by an individual or corporation, typically arising from loans or overdrafts.