The Service Revenue account is a permanent account
Indicate whether the statement is true or false
FALSE
Business
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In a game of chance, the probability of winning a $50 prize is 40 percent, and the probability of winning a $100 prize is 60 percent. What is the expected value of a prize in the game?
A) $50 B) $75 C) $80 D) $100
Business
Which of the following will not evaluate to true?
a) false || false b) true || true c) false || true d) true || false
Business