TL and Quina Plan to Add a 9-Inch Thick Layer

question 25

Multiple Choice

T.L. and Quina plan to add a 9-inch thick layer of gravel to their driveway. The driveway is 26 yards long and 3 yards wide. What volume of gravel in cubic yards is required? Assume that the driveway layer is in the shape of a rectangular slab.

• A) 234 yd³
• B) yd³
• C) 702 yd³
• D) yd³

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Definitions:

Interest

The return on a debt investment.

Breakeven Volume

The number of units a company must sell to cover its fixed and variable costs, with no profit and no loss.

Units

Units commonly refer to a measure of quantity or to the basic amounts of inventory, production, or other quantifiable elements in business operations.

Return On Capital Employed (ROCE)

A financial ratio that measures a company's profitability and efficiency in using its capital; calculated as EBIT (Earnings Before Interest and Taxes) divided by capital employed.