Solve the Problem A) 16033 Ft
B) 120 Ft
C) 162

question 317

Multiple Choice

Solve the problem.
-Suppose that the accompanying table shows the velocity of a car every second for 8 seconds. Use Simpson's Rule to approximate the distance traveled by the car in the 8 seconds. Round your answer to the nearest hundredth if necessary.
$\begin{array}{l|l}\text { Time (sec) } & \text { Velocity (ft/sec) } \\\hline 0 & 18 \\1 & 19 \\2 & 20 \\3 & 22 \\4 & 21 \\5 & 23 \\6 & 20 \\7 & 18 \\8 & 19\end{array}$

• A) 160.33 ft
• B) 120 ft
• C) 162.33 ft
• D) 161.5 ft

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Definitions:

Beginning Inventory

The value of a company's inventory at the start of an accounting period, carried over from the end of the previous period.

Days In Inventory Ratio

A financial metric indicating the average number of days a company holds inventory before selling it, calculated as inventory divided by cost of goods sold, then multiplied by 365 days.

Average Inventory

An accounting measure used to estimate the value of inventory over a certain period by averaging the beginning and ending inventory levels.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor costs.