Imelda Reports Only Half the Cash from the Vending Machines

question 115

Multiple Choice

Imelda reports only half the cash from the vending machines on her cash flow statement and income tax returns.Her purpose in doing so is:

• A)to reduce her income tax liability.
• B)to increase her net income on the financial statement.
• C)to retain the cash for reinvestment in the business.
• D)to make the business more attractive to a buyer.

Comprehend the importance of avoiding faulty logic in persuasive messages.

Recognize the role of emotional and logical appeals in persuasive messages.

Understand methods for reinforcing positions in persuasive messages.

Understand different reasoning methods and their application in creating logical appeals.

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Definitions:

Random Variable

A variable whose values depend on outcomes of a random phenomenon, with each outcome associated with a different value or set of values.

Occurrences

The instances or times that something happens or arises; the frequency of events.

Expected Value

The anticipated value or mean outcome of a variable, calculated as the sum of all possible values each multiplied by its probability of occurrence.

Sample Information

Data collected from a subset of a larger group or population to infer or analyze characteristics of the whole group.