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Picnickers see a lightning flash of an approaching thunderstorm and hear the thunder 8.0 s later.
a. Approximately how far away, in miles, is the storm?
b. If the storm is moving at a speed of 10 mi/h and the picnickers take 20 minutes to finish eating and pack, will they get wet?
Contingent Liability
A potential financial obligation that may arise in the future depending on the outcome of a specific event.
Remote
Pertaining to work or activities done away from a central office or location, often implying the use of technology to facilitate communication and task completion.
Estimable
The ability to be estimated or quantified, often used in contexts where financial figures or outcomes need to be projected or approximated.
Quick Ratio
A measure of liquidity that calculates a company's ability to cover its short-term liabilities with its most liquid assets.
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