Simplify

question 380

Essay

Simplify:

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Definitions:

Accounts Receivable

Amounts owed to a company by its customers for goods or services delivered or used but not yet paid for.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.

Advances

Payments or funds given ahead of a normal schedule or before the receipt of goods or completion of services.

Employees

Individuals who are hired by a business to perform tasks in exchange for wages, benefits, or salaries.