Which of the following reasons for diversification is MOST likely to increase the firm's value?
a. Increasing managerial compensation
b. Taking advantage of changes in tax laws
c. Reducing costs through business restructuring
d. Conforming to antitrust regulation

Answera type of question that is legally permissible in a job interview because it focuses on job related factors;

Less then one year to achieve

Part (a) is relatively straight forward.there are 4 aces in a standard 52-card deck. so the probability that an ace is picked is just 4/52.part (b): note that there are 4 suits in a standard 52-card deck. so picking hearts will be 13/52 or 1/4.part (c): the probability condition or means we need to add the two probabilities because we do not want them simultaneously. so, we end up getting pr(ace) + pr(heart).from part (a), we found that picking an ace had a probability of 4/52, which is reduced down to 1/13.from part (b), we found that picking a heart had a probability of 1/4.so, the probability of an ace or a heart is 1/13 + 1/4 = 4/52 + 13/52 = 17/52.

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