Assuming That a Valid Price Should Be Between 30 and 50

question 16

Multiple Choice

Assuming that a valid price should be between 30 and 50, does the following code snippet test this condition correctly? final int MIN_PRICE = 30;
Final int MAX_PRICE = 50;
Int price = 0;
Scanner in = new Scanner(System.in) ;
System.out.print("Please enter the price: ") ;
Price = in.nextInt() ;
If (price < MIN_PRICE)
{
System.out.println("Error: The price is too low.") ;
}
Else if (price > MAX_PRICE)
{
System.out.println("Error: The price is too high.") ;
}
Else
{
System.out.println("The price entered is in the valid price range.") ;
}

• A) This code snippet ensures that the price value is between 30 and 50.
• B) This code snippet only ensures that the price value is greater than 30.
• C) This code snippet only ensures that the price value is less than 50.
• D) This code snippet ensures that the price value is either less than 30 or greater than 50.

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Definitions:

Working Capital

A measure of a company's short-term financial health and operational efficiency, calculated as current assets minus current liabilities.

Accrual

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash transaction happens.

Incremental Borrowing Rate

The interest rate a company would have to pay if it borrows funds, a critical component in lease accounting.