A Vehicle That Weights 400 N on the Surface of the Earth

question 15

Multiple Choice

A vehicle that weights 400 N on the surface of the Earth is traveling in outer space at a speed of 400 m/s . It can be stopped by applying a constant force of 20 N for

• A) 2 seconds.
• B) 400 seconds.
• C) 4 seconds.
• D) 800 seconds.
• E) 80 seconds.

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Definitions:

Income Summary

A temporary account in the ledger that summarizes revenue and expenses and transfers the balance (net income or net loss) to Capital. This account does not have a normal balance, i.e. it could have a debit or a credit balance.

Capital Balances

The amounts recorded in the capital accounts of a company or partnership, reflecting the initial capital contributions and subsequent changes including profits earned and withdrawals.

Losses

Financial reductions resulting from business activities, such as the sale of assets for less than their book value or operational losses.

Net Profit

The amount of money a company earns after deducting all costs, expenses, and taxes from the total revenue.