There Are 20 Red Marbles and 10 Blue Marbles Mixed $1 : 3$

question 8

Short Answer

There are 20 red marbles and 10 blue marbles mixed together in a cloth bag.If you reach in and pull out a marble, without looking, what are the odds of selecting a blue marble? a. 1:2
b. $1 : 3$
c. $1 : 4$
d. $1 : 5$

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Fair Value

The estimated market price of an asset or liability, reflecting current market conditions.

Par Value

A nominal value or face value assigned to a share of stock by the company’s charter.

Acquisition Method

The accounting method used to consolidate the financial statements of a parent company and its acquired subsidiary.