Solve the Problem $\frac { 3 } { 4 }$ B) $\frac { 1 } { 4 }$

question 37

Multiple Choice

Solve the problem.
-A spinner is spun. Assuming that the spinner cannot land on a line, find the probability of landing on a color that is blue.

• A) \(\frac { 3 } { 4 }\)
• B) \(\frac { 1 } { 4 }\)
• C) \(\frac { 1 } { 2 }\)
• D) \(\frac { 1 } { 3 }\)

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Definitions:

Bad Debts

Refers to the amount of money owed to a company that is unlikely to be paid by the debtor, considered as a loss to the company.

Direct Write-off Method

An accounting practice where uncollectable debts are directly removed from the accounts receivable balance upon determination of their uncollectibility.

Bad Debts

Funds that a business or individual is unable to collect because the debtor is unable to pay.

Allowance Method

An accounting technique used to estimate and account for doubtful accounts receivable.