Questions

Our solution:

Toss the coin twice.
Let TH, HT and TT correspond to the three choices.
And if you get HH, just repeat (so it takes 8/3 tosses on average).


BIASED COIN

If the coin was biased, TH and HT would occur with equal probability.
So you could assign THHT, HTTH and THTH to the three choices, with other 4-toss outcomes rejected.
Or you could assign HTT, THT and TTH to the three choices, with other 3-toss outcomes rejected.

The single-step income statement emphasizes

1. total revenues and total expenses.

2. Revenues

3. Expenses

4. Net income

The primary advantage of the single step fromat lies in its simple presentation and the absence of any implication that one type of revenue or expense item has priority over another.

Longest railway bridge (Lower Zambesi ) is located in Africa

The largest proportion of federal revenues comes from personal income taxes. Almost half of all federal revenue (47 percent) comes from individual income taxes.