A Police Car Was Traveling Down Ocean Parkway in a High-Speed

question 139

Multiple Choice

A police car was traveling down Ocean Parkway in a high-speed chase from Jones Beach. The car was at Jones Beach at exactly 9:00 p.m. $( t = 0 )$ , and was at Oak Beach, 13 miles from Jones Beach, at exactly 9:04 p.m. How fast was the police car traveling (Round your answer to the nearest tenth.)

• A)2.6 miles/min.
• B) 4.3 miles/min.
• C) 3.3 miles/min.
• D) 2.5 miles/min.
• E) 3.0 miles/min.

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Definitions:

Amortization

The gradual reduction of the book value of an intangible asset or the paying down of a debt over a fixed period of time.

Consolidation Worksheet

An accounting tool used to combine the financial statements of a parent company and its subsidiaries, enabling the preparation of consolidated financial statements.

Initial Value Method

A method of investment accounting where the investment is initially recorded at cost, without subsequent adjustments for changes in fair value.

Equity Income

Income earned from investments in shares of companies, often received as dividends, indicating profit participation in these companies.