A Business Venture Can Result in the Following Outcomes (With

question 22

Multiple Choice

A business venture can result in the following outcomes (with their corresponding chance of occurring in parentheses) : Highly Successful (10%) ,Successful (25%) ,Break Even (25%) ,Disappointing (20%) ,and Highly Disappointing (?) .If these are the only outcomes possible for the business venture,what is the chance that the business venture will be considered Highly Disappointing?

• A)10%
• B)15%
• C)20%
• D)25%

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Definitions:

Buildings

Physical structures owned by a business that are used for operational purposes, considered long-term assets on the balance sheet.

Other Income/Expense

Revenue or costs that are not related to a company's main business operations, such as gains or losses from investments or foreign exchange.

Loss

A financial term referring to the condition where expenses exceed revenues, leading to a negative income.

Impaired Goodwill

A condition where the value of goodwill, often related to acquisitions, diminishes due to factors such as deteriorated brand reputation or market position.