If When a Coin Is Tossed the Observance of a Head

question 76

Multiple Choice

If when a coin is tossed the observance of a head rewards you with a dollar and the observance of a tail costs you fifty cents,how much would you expect to gain after 20 tosses?

• A) $5.00
• B) $7.50
• C) $10.00
• D) $15.00

---

Definitions:

Sales Budget

An estimate of the expected sales revenue for a particular period, often used for planning and control purposes.

Growth

Growth pertains to the increase in size, value, or importance of a business or an economy over a period of time, often measured in terms of revenue, profits, or market share.

Electric Staplers

Electronic devices designed to fasten sheets of paper together by driving a metal staple through them automatically.

General and Administrative Expense Budget

A plan that estimates the overhead and administrative costs for a company over a specific period.