The Two Measurements Necessary for Calculating Average Speed Are

question 11

Multiple Choice

The two measurements necessary for calculating average speed are

• A)acceleration and time.
• B)velocity and time.
• C)distance and time.
• D)distance and acceleration.
• E)velocity and distance.

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Definitions:

Gross Profit

The difference between revenue and the cost of goods sold, indicating the efficiency of a company in managing its labor and supplies in the production process.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period of time.

Balance Sheet

A financial statement that presents a company's financial position at a specific point in time, showing assets, liabilities, and equity.

Trial Balance

An informal listing of the ledger accounts and their balances in the ledger to aid in proving the equality of debits and credits.