You Plan a Conference Call to Present Your New Marketing

question 13

Multiple Choice

You plan a conference call to present your new marketing proposal to two of your partners in China-Arthur Tang and Barbara Liu.You decide that the probability of Arthur endorsing the proposal is 0.6 and probability of Barbara endorsing the proposal is 0.4.The probability that both will endorse the proposal is put at 0.1.Determine the probability that Barbara will endorse your proposal given that Arthur does not.

• A).5
• B).25
• C).2
• D).75
• E).8

---

Definitions:

Residual Value

The estimated salvage value or end-of-useful-life value of an asset after depreciation has been fully applied.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time, giving a snapshot of its financial condition.

Net Loss

The result when a company's total expenses exceed its total revenues during a specific period, indicating a financial loss.

Worksheet

A paper or electronic document used to organize and simplify accounting information before the preparation of financial statements.