Age Difference Between My Son and Me Is 30 Years

question 12

Multiple Choice

Age difference between my son and me is 30 years.Sum of our ages is 54.What is my age now?

• A)12
• B)42
• C)38
• D)45
• E)15

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Definitions:

Diluting Existing Shares

A process where a company issues more shares, leading to a reduction in the ownership percentage of existing shareholders.

Public Utility

A company providing essential services such as water, electricity, and telecommunications to the public, often subject to government regulation.

Fundamental Analysis

An approach to evaluating a security that involves analyzing economic, financial, and other qualitative and quantitative factors.

Inventory Valuation Methods

Different approaches (such as FIFO, LIFO, and weighted average cost) used to assess the cost of goods sold and ending inventory value.