In a Recent Survey of Homes in a Major Midwestern

question 101

Multiple Choice

In a recent survey of homes in a major Midwestern city,10% of the homes have a fax machine and 52% have a personal computer.Suppose 91% of the homes with a fax machine also have a personal computer. What percent of homes have a fax machine and a personal computer?

• A)5.2%
• B)91%
• C)52%
• D)9.1%
• E)10%

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Definitions:

Personal Income

The total amount of money earned by an individual from all sources before taxes and other deductions.

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Subject to a compulsory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.

Sole Proprietorship

A business structure owned and operated by one individual, where there is no legal distinction between the owner and the business.

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