Solve
-One Conveyor Belt Can Move 1000 Boxes in 7 $42 \mathrm {~min}$

question 34

Multiple Choice

Solve.
-One conveyor belt can move 1000 boxes in 7 minutes. Another can move 1000 boxes in 6 minutes. If another conveyor belt is added and all three are used, the boxes are moved in 3 minutes. How long would it take the third conveyor belt alone to do the same job?

• A) \(42 \mathrm {~min}\)
• B) \(\frac { 1 } { 42 } \mathrm {~min}\)
• C) \(1 \frac { 5 } { 9 } \mathrm {~min}\)
• D) \(\frac { 9 } { 14 } \mathrm {~min}\)

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Definitions:

Value Per Share

The monetary worth assigned to a single share of stock, based on the company's total valuation divided by the number of outstanding shares.

Equity-Financed

A method of financing in which a company raises capital through the sale of shares, rather than borrowing through debt.

Net Present Value

An evaluation of the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period.

Equity-Financed

A method of raising capital through the sale of shares in a company, thereby giving investors ownership interests.