A Heavy Frog and a Light Frog Jump Straight Up

question 31

Multiple Choice

A heavy frog and a light frog jump straight up into the air. They push off in such away that they both have the same kinetic energy just as they leave the ground. Air resistance is negligible. Which of the following statements about these frogs are correct? (There could be more than one correct choice.)

• A) Just as they leave the ground, the heavier frog is moving faster than the lighter frog.
• B) Just as they leave the ground, the lighter frog is moving faster than the heavier frog.
• C) They both leave the ground with the same speed.
• D) The lighter frog goes higher than the heavier frog.
• E) The heavier frog goes higher than the lighter frog.
• F) Both frogs reach the same maximum height.

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Definitions:

Statement of Comprehensive Income

A financial statement that includes all changes in equity during a period, except those resulting from investments by owners and distributions to owners, encompassing both net income and other comprehensive income.

Unamortized Premium

The portion of the bond premium that has not yet been expensed in the income statement through amortization.

Effective Interest Rate

The actual rate of interest earned or paid on a loan or investment, taking into account compounding.

Eliminating Journal Entries

Eliminating journal entries are used in the consolidation process to remove the effects of inter-company transactions among entities within a consolidated group.