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A man is running around a circular track that is 200 m in circumference. An observer uses a stopwatch to record the runner's time at the end of each lap, obtaining the data in the following table.
What was the man's average speed (rate) between 68 s and 203 s? Round the answer to two decimal places.
Revaluation Model
An accounting method for periodically adjusting an asset's value on the balance sheet to reflect its current market value.
Fair Values
The estimated market value of an asset or liability based on current transactions between willing parties.
Gain or Loss
The financial result that occurs when the selling price of an asset differs from its purchase price, either positive (gain) or negative (loss).
Goodwill
An intangible asset that represents the excess value paid for a company over its net identifiable assets, often arising from brand, reputation, or customer relationships.
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