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In a local survey, 100 citizens indicated their opinions on a revision to a local land-use plan. Of the 62 persons giving favorable responses, 40 were males. Of the 38 giving unfavorable responses, 15 were males. If one citizen is randomly selected, find the probability that person is male and has a favorable opinion.
Asset Test
A financial ratio or test used to determine the ability of a company to meet its debt obligations by converting its assets into cash.
Operating Segments
Parts of an organization that engage in business activities from which they may earn revenues and incur expenses, including revenues and expenses related to transactions with other components of the same organization.
Reportable
Pertaining to information or data that must be officially reported or disclosed, typically in compliance with legal or regulatory requirements.
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