The Probability of Rain Today Is 0

question 8

Multiple Choice

The probability of rain today is 0.4.If it rains, the probability that Bill will forget his raincoat is 0.5. Find the probability that Bill will get wet.

• A)0.9
• B)0.5
• C)0.4
• D)0.2

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Definitions:

Inventory Turnover

A ratio that measures how many times a company's inventory is sold and replaced over a certain period.

Cost of Goods Sold

Direct costs attributable to the production of the goods sold by a company, including material and labor costs.

Total Sales

The aggregate revenue a company generates from the sale of goods or services before any expenses are subtracted.

Current Ratio

Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations by comparing current assets to current liabilities.