A Hurricane Is Defined as a Large Area of Sustained

question 2

Multiple Choice

A hurricane is defined as a large area of sustained winds greater than 74 miles per hour.This is the wind speed at which ______________________.

• A)canvas sails on sail boats start to rip
• B)storm surge starts to be a problem
• C)Saffir and Simpson agreed to compromise (Saffir wanted 72 mph,and Simpson wanted 76 mph)
• D)the center of the storm develops a calm area known as the eye
• E)atmospheric particles collide and coalesce

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Definitions:

Fair-Value Method

An accounting approach where assets and liabilities are recorded at their current market values rather than their original cost.

Goodwill

An intangible asset arising when a company acquires another for a price higher than the fair market value of its net assets.

Other Comprehensive Income

Income that includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Equity Method

A financial recording method where investments are logged if the investor has a considerable impact on the investee, though not complete control.