What is the probability that a respondent chosen at random is a male who enjoys shopping for clothing or a female who enjoys shopping for clothing?

P(male who enjoys clothes shopping or female who enjoys clothes shopping) = (448+272)/1000 = 720/1000 = 0.72

Business

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Preferred stock and common stock issued by the same firm will have the same required return

because the riskiness of the firm's cash flows is the same for both securities. Indicate whether the statement is true or false

Business

Mix Sweet Shop bakes and sells pies. Mix has annual fixed costs of $880,000 and a variable cost per

pie of $7.50. Each pie sells for $15.50 each. The firm expects to sell 500,000 pies annually. What is the break-even point in pies? A) 190,440 B) 200,000 C) 280,000 D) 110,000

Business