Ken and Liu Are Monozygotic Twins

question 23

Multiple Choice

Ken and Liu are monozygotic twins. If Ken is gay, then the probability that Liu is also gay is

• A)> 75%.
• B)50-75%.
• C)25-50%.
• D)< 25%.

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its earnings before interest and taxes (EBIT).

Income Statement

A financial statement that shows a company's revenues and expenses, ultimately revealing the net profit or loss for a specified period.

Accounts Receivable Turnover

A financial ratio that measures how many times a business can turn its accounts receivable into cash during a period.

Equity Multiplier

A financial ratio that measures a company's leverage by comparing total assets to shareholders' equity, illustrating the extent to which a company is financed by debt.