Consider a Collection of 100 Birds Where 20 of Them

question 25

Multiple Choice

Consider a collection of 100 birds where 20 of them are penguins, 25 are ostriches, 15 are hawks, and 40 are doves. Penguins and ostriches are unable to fly, whereas hawks and doves can. If a bird is randomly chosen from this population, what is the probability it will be either a hawk or unable to fly?

• A) 0
• B) 0.20
• C) 0.40
• D) 0.60

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Definitions:

After-Tax Payback Period

The amount of time it takes for an investment to generate enough after-tax returns to recover the initial cost of the investment.

Tax Effect

The impact of taxes on financial decisions or operations, including how taxes influence the profitability, cash flow, and cost of different options.

Investment Allowance

A tax incentive that allows businesses to deduct a percentage of investment in certain assets from their income, encouraging capital investment.

Investment Allowance

A tax benefit that allows businesses to deduct a certain percentage of their investment in assets from their taxable income.