Solve. -Candy and Delvis Are Riding Bicycles in the Same Direction

question 29

Multiple Choice

Solve.
-Candy and Delvis are riding bicycles in the same direction. Candy is traveling at the speed of 5 miles per hour, and Delvis is traveling at the speed of 3 miles per hour. In 4 hours what is the distance between them?

• A)8 miles
• B)9 miles
• C)5 miles
• D)17 miles

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Definitions:

Noncumulative

A term often related to preferred stock, describing dividends that, if not declared by the board of directors, are not owed to shareholders and do not accumulate.

Preferred Stock

Preferred stock is a type of stock that gives holders preferential treatment over common stock, such as fixed dividends and priority in asset liquidation.

Par Value

The face value of a bond or stock as specified by the issuing corporation.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders and holds, reducing the amount of outstanding stock on the market.