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Suppose a and B Are Mutually Exclusive Events Where P(A)=

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Short Answer

Suppose A and B are mutually exclusive events where P(A)= 0.4 and P(B)= 0.5.Then P (A and B)= .


Definitions:

Accounts Receivable Turnover

A financial ratio indicating how many times a company's receivables are turned over during a specific period, often used to assess the effectiveness of credit and collection policies.

Net Sales

The revenue from the sale of goods or services after deducting returns, allowances, and discounts.

Accounts Receivable Turnover

A financial metric that measures how often a company collects its average accounts receivable balance within a period.

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects on its receivables or the speed of their credit sale conversions into cash.

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