Use the Following to Answer Questions

question 75

Short Answer

Use the following to answer questions :
A teacher asked her students, "Do you like strawberry ice cream?" The responses are shown in the following table.
One student is selected at random.
-What is the probability the student answered "No" or is a girl?

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Definitions:

Solvency

The ability of an entity to meet its long-term financial commitments and debts as they come due.

Liquidity

A measure of how quickly and easily an asset can be converted into cash without significantly affecting its price.

Profitability

A measure of the efficiency and success of a business in generating profits from its operations over a period of time.

Horizontal Analysis

A financial analysis technique that examines the changes in the amounts of specific financial statement items over a period of time.