You Open a "Fun Size" Bag of Chocolates Covered in a Hard

question 30

Multiple Choice

You open a "fun size" bag of chocolates covered in a hard shell and find that there are 4 green, 6 yellow, 5 red, and 3 brown candies. If you reach in the bag and withdraw a piece of candy, what is the probability that it will be red?

• A) 3.6
• B) .25
• C) .28
• D) .50

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Definitions:

Electronic Repair Revenues

Income generated from services related to fixing and restoring electronic devices and equipment.

Expenses

Costs incurred in the process of earning revenue, typically categorized as fixed or variable costs.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, leading to net income or loss.

Owner's Equity

The residual interest in the assets of a business after deducting liabilities, representing the ownership interest of the shareholders or owner.