Instruction 4.8 According to the Record of the Registrar's Office at a at a University

question 82

Short Answer

Instruction 4.8
According to the record of the registrar's office at a university, 35% of the students are first-year, 25% are second-year, 16% are third-year and the rest are doing their honours year. Among the first-year, second-year, third-year and honours students, the portion of students who live in a residential college are, respectively, 80%, 60%, 30% and 20%.
-Referring to Instruction 4.8,what percentage of the students do not live in a residential college?

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Definitions:

Net Debt

The amount obtained by subtracting a company's total liabilities from its liquid assets.

Amortization Expense

The periodic expense recognized in the financial statements as the cost of an intangible asset is systematically allocated over its useful life.

Statement Of Cash Flows

A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company.

Direct Method

A cash flow statement presentation method that enumerates major categories of gross cash receipts and payments.