Which of the Following Statements Is True

question 300

Multiple Choice

Which of the following statements is true?

• A)If events A and B are complements,then the intersection of A and the complement of B is the sample space.
• B)If events A and B are mutually exclusive,then the intersection of A and B is the empty set.
• C)If events A and B are mutually exclusive,then the union of A and B is the sample space.
• D)If events A and B are mutually exclusive,then the union of A and B is the empty set.

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Definitions:

Days' Sales In Inventory

A financial metric that estimates how many days it will take to sell the entire inventory, indicating the liquidity of inventory.

Profit Margin

A financial metric that measures the extent to which a company or business activity makes money, expressed as a percentage of revenue.

Profit Margin Ratio

A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the efficiency with which a company produces goods.

Gross Margin Ratio

A financial metric that measures the difference between revenue and cost of goods sold, expressed as a percentage of revenue.