A Consultant Traveled 450 Miles to Attend a Meeting, Traveling

question 97

Short Answer

A consultant traveled 450 miles to attend a meeting, traveling 50 mph hours for the first part of the trip, then increasing to a speed of 60 mph for the second part. If the entire trip took 8 hours, how far did the consultant travel at the faster speed?

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Definitions:

Short-Term Creditors

Lenders or suppliers who provide credit with a repayment period that is typically less than one year, often in the form of commercial paper or lines of credit.

Liquidity

A measure of a company's or an individual's ability to meet short-term financial obligations; the ease with which assets can be converted into cash.

Marketability

The ease with which a product or service can be sold or marketed in a particular market.

Profitability

The ability of a company to generate earnings relative to its revenue, assets, or equity over a specific period, indicating its financial health.