If It Is 10:00 A

question 29

Multiple Choice

If it is 10:00 A.M. EST in Washington, D.C., what is the time in San Diego, California, the longitude of which is 45° more westerly?

• A) 1:00 P.M. PST
• B) 7:00 A.M. PST
• C) 10:00 A.M. PST
• D) 9:00 A.M. PST

---

Definitions:

Other Income

Revenue from non-primary business activities, such as rental income, interest on investments, or royalties.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, ending with net profit or loss.

Bond Investment

The purchase of bonds as a means of generating income or benefiting from appreciation, involving lending money to the issuer in exchange for periodic interest payments and the return of principal at maturity.

Purchase Price

The amount of money paid to acquire a product or service.