Choose the One Alternative That Best Completes the Statement or Answers

question 46

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-The JUST-SAY-MOW lawn mowing company consists of two people: Marsha and Bob. If Marsha cuts the lawn by herself, she can do it in 3 hours. If Bob cuts the same lawn himself, it takes him an
Hour longer than Marsha. How long would it take them if they worked together? Round to the
Nearest hundredth of an hour.

• A) 4.00 hours
• B) 1.71 hours
• C) 3.50 hours
• D) 1.00 hour

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Definitions:

Prepaid Insurance

An asset account that reflects the amount paid for insurance policies in advance, before the coverage period begins.

Accounts Receivable

Financial obligations customers have to a business for received services or goods that have not been paid for.

Miscellaneous Expense

Expenses that do not fit into any specific category of the business's financial statements, often small or infrequent costs.

Accounts Payable

Accounts payable represent short-term liabilities or money owed by a business to its creditors or suppliers for goods and services purchased on credit.