A Plane Travels from San Francisco to San Diego in an Hour

question 50

Multiple Choice

A plane travels from San Francisco to San Diego in an hour and 20 minutes. The two cities are approximately 486 miles apart. What is the average velocity of the plane?

• A)485 mph south
• B)365 mph south
• C)485 mph north
• D)365 mph north

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Definitions:

Market's Earnings Expectations

Investor anticipations or forecasts about a company's future earnings performance.

Fair Value

The estimated market value of an asset, liability, or financial instrument that is agreed upon by both the buyer and seller.

Measuring

The process of determining the size, quantity, or degree of something typically through the use of standardized units or instruments.

Good News Earnings Surprises

Instances when a company's reported earnings exceed the expectations of analysts and investors, typically resulting in a positive reaction in the stock market.