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In the figure,a laser positioned on a ship is used to communicate with a small two-man research submarine resting on the bottom of a lake.The laser is positioned 12 m above the surface of the water,and it strikes the water 20 m from the side of the ship.The water is 76 m deep and has an index of refraction of 1.33.How far horizontally is the submarine from the side of the ship?
Interest Expense
The cost incurred by an entity for borrowed funds over a period of time.
Interest Payable
A liability account representing the amount of interest expense that has been incurred but not yet paid.
Accrued Expense
Expenses that have been incurred but not yet paid or recorded in the financial statements, reflecting obligations that a business has taken on.
Net Income
The total revenue of a company minus all expenses and taxes; a measure of the company's profitability over a specific time period.
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