A Sports Car and a Moving Van Move at the Same

question 184

Multiple Choice

A sports car and a moving van move at the same speed when they crash into a cement wall and stop equally quickly. The vehicle to have the greater force of impact will be

• A)the sports car,
• B)the van,
• C)neither, for they experience equal forces of impact
• Because
• D)they are traveling at the same speed.
• E)the van's momentum is much greater.
• F)the sport car has a greater change in velocity upon impact.
• G)they both have equal momentum.

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Definitions:

Current Revenues

Income recognized by a business within its fiscal year, typically from its main operations.

LIFO Cost

An inventory valuation method that assumes the last items placed in inventory are the first sold, implying newer inventory remains unsold.

Periodic Inventory

A method of inventory valuation where updates to the inventory levels and cost of goods sold are made at the end of an accounting period.

Inventory Balance

The total value of a company's inventory at the end of an accounting period, including raw materials, work-in-progress, and finished goods.