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A Sales Manager Has Analysed a Sample of 350 Sales

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A sales manager has analysed a sample of 350 sales transactions from the latest period. The manager wishes to investigate: how many customers made their purchase online using the internet and how many purchased by telephone. how many were new customers and how many were placing repeat orders. The following table shows the results of the analysis. 11ec37eb_8baf_d0ba_97b9_ab016a67b222__00 If the pattern of sales occurs next period, the probability of a particular sale being a repeat order placed online is closest to:


Definitions:

Special Dividend

A one-time distribution of earnings to shareholders, outside of the regular dividend schedule.

Stock Repurchase

A decision by a company to buy back its own shares from the marketplace, potentially to increase the value of remaining shares.

Outstanding Shares

Outstanding shares refer to the total number of shares of a corporation that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Debt-equity Ratio

A measure of a company's financial leverage, calculated by dividing its total liabilities by stockholders' equity.

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