Solve the Problem

question 237

Multiple Choice

Solve the problem. Round your answer to 2 decimal places when necessary.
-At an intersection in Normal, Illinois, there were 80 vehicle accidents with 168,207 vehicles passing through the intersection. Determine the accident rate per 1000 vehicles.

• A)0 accidents per 1000 vehicles
• B)0.48 accidents per 1000 vehicles
• C)168.21 accidents per 1000 vehicles
• D)2,102,587.5 accidents per 1000 vehicles

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Definitions:

Carrying Value

The recorded cost of an asset in a company's books after adjusting for depreciation, amortization, or impairment costs.

Retirement

The act of leaving one's job and ceasing to work, typically due to reaching a certain age or health condition, often involving receiving pensions or retirement savings.

Gain or Loss

The financial result from selling an asset for more or less than its purchase price.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is typically not related to its market value.