Use the Following Information for Following Questions

question 10

Multiple Choice

Use the following information for following questions . A box contains recipes from five categories. The following table
shows the possible categories and the associated probability for a recipe randomly chosen.
-What is the probability of randomly selecting either an appetizer or salad category? Round to the nearest tenth of a percent.

• A)3.7%
• B)61.7%.
• C)3.8%
• D)38.3%

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Definitions:

Total Assets

The sum of all resources owned by an entity that have economic value and can be measured and expressed in monetary terms.

Average Sale Period

The average amount of time it takes for a business to sell its inventory or a specific product.

Net Profit Margin Percentage

A financial ratio indicating the percentage of revenue that remains as net income after all expenses, interest, and taxes have been deducted.

Equity Multiplier

The equity multiplier is a financial leverage ratio that measures the portion of a company’s assets financed by stockholders' equity, indicating financial risk.