The Presence of Phosphates in Certain Waste Products Dumped into a Lake

question 184

Multiple Choice

The presence of phosphates in certain waste products dumped into a lake promotes the growth of algae. Rampant growth of algae affects the oxygen supply in the water, so an environmental group wishes to estimate the area of algae growth. Group members measure across the algae growth (see the Figure) and obtain the following data (in feet) . Use Simpson's Rule to approximate the area of the algae growth and round your answer to the nearest square foot. ​

• A)1,110 sq ft
• B)1,553 sq ft
• C)2,641 sq ft
• D)2,019 sq ft
• E)3,573 sq ft

Understand the concept of ratio and its application in financial analysis.

Calculate and interpret asset management ratios to evaluate how effectively a company is using its assets.

Calculate and interpret liquidity ratios to assess a company's ability to meet short-term obligations.

Identify and calculate ratios that measure the risk of creditors relative to the risk taken by stockholders.

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Definitions:

Utility

Utility is an economic concept referring to the satisfaction or benefit a consumer receives from consuming a good or service.

Organizational Buyers

Businesses or entities that purchase goods and services for their own use, for production, or for resale to others.

Raw Materials

The basic substances or components that are processed or refined to create finished goods or products.

Manufacturers

Companies or entities that make goods through a process involving raw materials, components, or assemblies, usually on a large scale.