You have on a $200 - $180 bear spread constructed with puts. You turn bullish on direction and bearish on volatility. Describe your follow up trade with reference to the option Greeks before and after your new trade.

Answers

Answer 1

To turn bullish on direction and bearish on volatility, you should close the current put bear spread and establish a call bull spread instead.

This would involve selling the $200 put, buying the $180 put, buying a lower strike call, and selling a higher strike call. Your new position will have a positive delta, reflecting your bullish outlook, and negative vega, indicating your bearish view on volatility.


1. Close the put bear spread: Buy back the $200 put and sell the $180 put, which reverses your initial position.
2. Establish a call bull spread: Buy a call option with a strike price below the current stock price (e.g., $160) and sell a call option with a higher strike price (e.g., $200). This creates a debit spread, which will profit if the stock price increases.
3. Greeks before trade: Your put bear spread had a negative delta (bearish direction) and positive vega (bullish on volatility).
4. Greeks after trade: With the call bull spread, your position now has a positive delta (bullish direction) and negative vega (bearish on volatility). This reflects your changed outlook on the stock's direction and expected volatility.

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Related Questions

real estate taxes in a transaction are $1,034. if a closing is to take place on april 16, with the dayof closing belonging to the seller and the 365-day method is used, what is the amount of theproration and how is it handled?

Answers

In this case, the real estate taxes amount to $1,034, and the closing is scheduled for April 16, with the day of closing belonging to the seller. The 365-day method is used for proration.

To calculate the prorated real estate taxes, follow these steps:

1. Divide the annual real estate taxes ($1,034) by the number of days in the year (365) to determine the daily tax amount:
$1,034 / 365 = $2.83 per day

2. Count the number of days the seller is responsible for the taxes, from January 1 to April 16 (including the day of closing). January has 31 days, February has 28 days, March has 31 days, and April has 16 days:
31 + 28 + 31 + 16 = 106 days

3. Multiply the daily tax amount by the number of days the seller is responsible for the taxes to determine the prorated tax amount:
$2.83 x 106 = $299.98

In this transaction, the prorated real estate tax amount is $299.98. The seller is responsible for this amount, and it will be credited to the buyer at closing, reducing the buyer's overall closing costs.

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which word best describes the writing process in business writing ?

Answers

Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing

How is the poverty rate to income distribution?

Answers

Answer:n the U.S., poverty has averaged around 26.92 percent of the population with an income less than 50 percent of the country's median income, after taxes and benefits are added (how the OECD defines “relative income poverty”). ... So the higher the score, the more income equality there is.

Hope this helps!! Brainlist?

a corporation is a separate legal entity that can ______. (check all that apply.)

Answers

A corporation is a separate legal entity that can own property, enter into contracts, sue or be sued, issue stocks, and conduct business operations independently of its shareholders.

Therefore, the correct options to check would be "own property", "enter into contracts", "sue or be sued", and "issue stocks". As a legal entity, a corporation has a perpetual existence, meaning it can exist indefinitely regardless of the changes in ownership or management. It is also liable for its own debts and obligations, and its shareholders are not personally liable for the corporation's debts, except for the extent of their investment in the company. This limited liability protection is one of the primary benefits of forming a corporation. Additionally, a corporation can be taxed separately from its shareholders, allowing for potential tax advantages and increased profitability.
A corporation is a separate legal entity that can engage in various activities. Some of these include:

1. Entering into contracts: A corporation can enter into legally binding contracts with other parties, such as vendors, employees, and customers.

2. Owning property: A corporation can own real estate, vehicles, equipment, and other types of property.

3. Incurring liabilities: A corporation can borrow money, issue bonds, and become responsible for financial obligations.

4. Suing and being sued: A corporation can initiate lawsuits and be the defendant in legal actions, protecting its individual shareholders from personal liability.

5. Paying taxes: A corporation is responsible for filing and paying its own corporate taxes, separate from the personal taxes of its owners and employees.

6. Issuing stock: A corporation can issue shares of stock, allowing it to raise capital from investors.

7. Having a perpetual existence: A corporation can continue to exist even if its owners, directors, or shareholders change.

In summary, a corporation is a separate legal entity that can engage in various activities, such as entering contracts, owning property, incurring liabilities, suing and being sued, paying taxes, issuing stock, and having a perpetual existence. This legal structure provides certain advantages, such as limited liability for its owners, making it a popular choice for many businesses.

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Jessica bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $250 less than the desktop. She paid for the computers using two different financing plans. For the desktop the interest rate was 7% per year, and for the laptop it was 8% per year. The total finance charges for one year were $325. How much did each computer cost before finance charges

Answers

Answer:

Let desktop cost = x

Let laptop cost = x - 250

According to equation:

(x*7)/100 + (x-250)*8/100 = 325

7x + 8x - 2000 = 32500

15x = 32500+2000

15x = 34500

x = 2300

Desktop cost before finance charge = $2,300

Laptop cost before finance charge = $2,050 ($2,300-$250)

Explain the importance of documentation for developmental activities and progress in performance management.

Answers

Documentation is crucial for developmental activities and progress in performance management as it provides evidence, accountability, and reference for improvement.

Firstly, it serves as tangible evidence of an individual's achievements, growth, and areas for improvement.

It allows managers and employees to track and measure progress over time, facilitating objective assessments and feedback.

Documentation also fosters accountability, as it provides a record of agreed-upon goals, targets, and expectations.

This helps in holding individuals responsible for their performance outcomes.

Additionally, documentation serves as a valuable reference for future developmental activities.

It allows managers to identify patterns, trends, and learning opportunities, enabling them to design targeted interventions and personalized development plans.

Thus, documentation ensures transparency, and fairness, and supports data-driven decision-making in performance management processes.

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What do quotas and embargoes have in common?

They both tend to raise prices.
They both affect imports from certain countries.
They both set limits on imported goods.
They both frequently result in domestic shortages.

Answers

Answer:

They both set limits on imported goods

Explanation:

An embargo is an order placed by a government restricting or prohibiting trade with another country. An embargo may be issued on specific goods only or wholesome trade with the country or region.

A quota is also an order issued by a government that limits the volume of goods or services that can be imported. The quota may limit the volume in quantity or in monetary value. Importing beyond the limit becomes illegal.

Both embargo and quota place restrictions on imports to a country.

Answer: C or They both set limits on imported goods.

Explanation: Edge2023

What do quotas and embargoes have in common?They both tend to raise prices.They both affect imports from

According to the video, which employer hires most career Firefighters?

city and country fire departments
chemical and manufacturing plants
airports
agencies that fight forest fires

Answers

The first choice, which refers to both city and rural fire departments, is correct.

What do firefighters contribute to society?

A firefighter is a first officer on the scene and rescuer who has received extensive training in firefighting. Their main duty is to put out dangerous fires that endanger men's careers, their property, and the environment.They may also be required to protect the life of livestock in specific circumstances or jurisdictions.. A female firefighter is less commonly referred to as a firewoman than a male firefighter.

One of the three basic emergency responders is the fire service, typically known as the fire dept or fire department in multiple countries. There are now firefighters everywhere in the world, both on ships and in cities..

Throughout a firefighter's career, the skills necessary for safe operations are routinely practised throughout training evaluations. Introductory firefighting techniques are typically taught in fire academies or training programmes that have received municipal, regional, or state approval. Further knowledge and credentials in fields like technical rescue and pre-hospital medicine may also be obtained at this time, depending on the demands of a department.

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Answer:

city and country fire departments

[6]
2 Mohammed owns a bakery. He makes bread and cakes. He
employs three workers who help him mix the dough for the bread
serve customers. Mohammed has calculated that the 'added value'
and cakes, put the dough into tins, bake the bread and cakes, and
of his business is low. His customers complain when he tries to
increase his prices. We can buy the same bread and cakes at
lower prices,' they tell him.
Define 'added value'.

Answers

Added value can be defined as a set of characteristics related to the product or service that are perceived by the consumer and go beyond its core benefit.

Is the added value advantageous for companies?

Yes, because by adding features to its products and services that increase their added value, the company is able to increase the value of products, create value for consumers, increase competitiveness and market positioning.

Some features that help increase the added value of a product are:

PackingAttendanceQualityBenefitsDesignDistribution

Companies must invest in characteristics that increase the value of the brand, to find out what they are, marketing studies and data analysis can be carried out to identify which are the psychosocial characteristics that consumers seek when consuming a particular product.

Therefore, added value can also be understood as value perceived by consumers who positively change their perception of a brand.

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Which type of investment income happens when a company
shares its profits with investors?

Answers

Dividends is the answer

Answer:

B is the answer

Explanation:

i just did the quiz

Why is liability an especially important type of car insurance?

Answers

Answer: If you cause a car accident, liability insurance will cover injuries to other people and damage to their property. Liability car insurance, sometimes called "third-party" coverage, is one of the most important types of car insurance.

Explanation:

T/F: in most professions and academic fields, imagination is more important than knowledge.

Answers

Wrong. In most professions and academic fields, knowledge is more important than imagination.

While imagination can be useful in generating new ideas and solutions, it is the application of knowledge and expertise in these areas that leads to success.

The statement "Imagination is more important than knowledge in most professions and academic fields" can be considered both true and false depending on the context and specific field.

In some creative fields and academic fields, imagination can be considered more important than knowledge because it enables innovation, problem solving and the development of new ideas. However, in technical or scientific fields, knowledge is often crucial to understanding complex concepts and processes, making it as important or even more important than imagination. It is important to find a balance between imagination and knowledge to be successful in various professions and academic fields.

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Do you think every working American needs a 401(k) account or an IRA? Why or why not?


No links
Need ASAP

Answers

Answer:

Both 401(k) accounts and IRAs are retirement savings accounts that allow individuals to save for retirement on a tax-advantaged basis. Contributions to these accounts are tax-deductible, and the earnings on the investments grow tax-free until they are withdrawn during retirement.

There are some benefits to having a 401(k) account or an IRA. They allow individuals to save for retirement in a tax-efficient way, and can provide a significant source of income during retirement. In addition, many employers offer matching contributions to 401(k) accounts, which can be a valuable incentive to participate.

However, there are also some drawbacks to these types of accounts. For example, they are subject to market fluctuations and the investment risk is borne by the individual. In addition, there are limits on how much can be contributed each year, which may not be enough to provide for a comfortable retirement.

Whether or not every working American needs a 401(k) account or an IRA depends on individual circumstances. For some people, these accounts may be a valuable tool for saving for retirement. For others, different types of retirement savings accounts or strategies may be more appropriate. Ultimately, it is up to each individual to determine the best approach for their own retirement planning.

Omar and Patrick sell magazine subscriptions by telephone. Omar is paid $1.00 for every 5 calls he makes, while Patrick is paid $1.00 for every subscription he sells. Omar is paid on a __________ schedule while Patrick is paid on a __________ schedule.

Answers

This means that Omar is paid on a fixed ratio schedule while Patrick is paid on a variable ratio schedule.

What are fixed ratio and variable ratio?

Fixed Ratio refers to a reinforcement schedule, which make use of reinforcement after the completion of number of responses. This means that each time a response is received, there is reward for each of the completed task.

For Variable ratio, there are unpredictable responses even when the responses have been reinforced. Each time a person performs a behaviour, the reinforcement is not distributed.

Hence, Omar is paid on a fixed ratio schedule while Patrick is paid on a variable ratio schedule.

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QUESTION 1 of 10: According to the reading, this is the first step in market research:
a) Gathering information
b) Define the question
O c) Take action
O d) Evaluate results

Answers

Answer:

b) Define the question

Explanation:

The following are the steps of the market research:

1. Problem identification: It involves the problem for solving, obejectives of the problem, and the questions related to research

2. Creation of the research plan: It includes The information i.e. required, methods of research, the parties that are responsible

3. Research conducting: It includes The review of the secondary data, the collection of the primary data, and the methods and techniques applied

4. Analyze and report the findings: It includes Analyzing the data, results interpretation, and report & suggestions

5. Actions taken: It includes the Planning, evaluation, and execution

Therefore the option B is correct

Hannibal Goodwin was a photographer and inventor who after many years of fighting was awarded the patent for:a. rolls of nitrocellulose filmb. celluloidc. nitric acidd. the motion picture camera

Answers

Hannibal Goodwin was a photographer and inventor who, after many years of fighting, was awarded the patent for (a) rolls of nitrocellulose film.

Who was Hannibal Goodwin ?

Hannibal Goodwin was a photographer , inventor who after years fighting was awarded patent for rolls of nitro-cellulose film.

Nitrocellulose film was a major technological advancement in the film industry, and Goodwin's patent paved the way for the widespread use of roll film in photography and motion pictures.

Goodwin's invention replaced the use of bulky and fragile glass plates that were commonly used in photography. His invention made photography more portable, affordable, and accessible. It also allowed for the development of motion pictures, which revolutionized the entertainment industry.

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Complete Question:  Hannibal Goodwin was a photographer and inventor who after many years of fighting was awarded the patent for:

a. rolls of nitrocellulose film

b. celluloid

c. nitric acid

d. the motion picture camera


Tell me how Friday came to be? What is the origin of this day of the week

Answers

Tuesday comes from Tiu, or Tiw, the Anglo-Saxon name for Tyr, the Norse god of war. Tyr was one of the sons of Odin, or Woden, the supreme deity after whom Wednesday is named. Similarly, Thursday originates from Thor, the god of thunder. Friday is derived from Frigga, the wife of Odin, representing love and beauty.

. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6


True

False

pls tell fast ​

Answers

Answer:

False

Explanation:

From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question

From the question, we are told that one variable (zero) = 6

The second variable (zero) = unknown , therefore we can represent the second variable as Y

We are told that the sum of the variables = 0

This means:

6 + Y = 0

Therefore, Y = 0 - 6

Y = -6.

The second variable ( zero) = - 6

Since it is a quadratic polynomial,

The roots of the polynomials are the variables 6 and -6

Hence, we have:

(x + 6) (x - 6) = 0

Expanding the brackets

x² - 6x + 6x - 36 = 0

= x² - 36 = 0

Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0

This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false

Richard has recently finished college and is about to prepare for his exam to become a certified public accountant. He wants to talk to other accountants to learn how best to prepare for this exam. Which professional organization would be most helpful for him to join?

Answers

Answer:

The accountant federation

When every economic unit in a society such as individuals, firms or government attempts to achieve their own particular goal usually requiring delivering something of value to others, this is referred to as:

Answers

When every economic unit in a society such as individuals, firms or government attempts to achieve their own particular goal usually requiring delivering something of value to others, this is referred to as self interest.

Self-interest generally refers to a focus on the needs or desires (interests) of one's self. Most times, actions that display self-interest are often performed without conscious knowing. A number of philosophical, psychological, and economic theories examine the role of self-interest in motivating human action.

Self-interest is an action motivated to achieve personal goals or advantages. According to Adam Smith, when individuals pursue their self-interests, they satisfy the general public by providing some goods or services in exchange.

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lucas is a 25% partner in the lcs partnership. on january 1, lcs distributes $40,000 cash and land with a $32,000 fair value (inside basis $16,000). lcs has no liabilities at the date of the distribution. lucas' basis in lcs is $32,000. what is the amount and character of lucas' gain or loss on the liquidating distribution?

Answers

Lucas has a loss of $4,000 on the liquidation. The character of the gain or loss is a capital loss.

Calculate Lucas' Distribution:

Lucas' share of the distribution is 25% of $40,000 cash + 25% of $32,000 land = $20,000 cash + $8,000 land

Calculate Lucas' Basis in LSC:

Lucas' basis in the partnership is $32,000.

Calculate Lucas' Gain or Loss on Liquidation:

Lucas' gain or loss on liquidation is the difference between the amount of the distribution and the basis of the partnership.

Lucas' gain or loss on liquidation = Distribution - Basis

Lucas' gain or loss on liquidation = $20,000 cash + $8,000 land - $32,000 basis

Lucas' gain or loss on liquidation = -$4,000

Therefore, Lucas has a loss of $4,000 on the liquidation. The character of the gain or loss is a capital loss.

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What is a business opportunity?

Answers

Answer:

a packaged business investment that allows the buyer to begin a business.

Explanation:

direct materials costs are recorded on the job cost sheet when the ______.

Answers

Direct materials costs are recorded on the job cost sheet when the job is sold to a customer.

What is a direct material?

Parts that make up a manufactured good are known as direct materials. For instance, the product costs used in the creation of a smartphone are the display, integrated circuits, camera modules, and buttons.

Direct costs and indirect costs are the two different sorts of materials. Materials that are simply converted into finished things are referred to as direct materials. In contrast, although they are employed in the production process, indirect materials cannot be connected in any way to a specific good.

The price of the components and raw materials required to produce a product is referred to as the direct material cost. The finished item must make the materials evidently identifiable (otherwise they are consolidated to be joint price).

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in October 2001 president George w bush gave directions to establish the office of homeland security and the homeland security council. what is this an example of? A. treaty B. executive order C. agency regulation D.Statute

Answers

Answer:

agency regulations i think

What is written in the Account Title column for the transaction "bought supplies on account"?
Supplies and Vendor Name
Supplies and Accounts Payable
Cash and Supplies
Supplies and Accounts Receivable

Answers

Cash and Supplies is written in the Account Title column for the transaction "bought supplies on account". Hence, option C is correct.

What does it mean to purchase supplies for cash?

After a cash supply purchase, the accounts for cash and supplies are updated. If you buy supplies on credit and the total is large enough that you are likely to consume it across several accounting periods, your liabilities in terms of accounts payable and current assets increase.

Supplies are accounted for as current assets up until the point of use and as costs thereafter. Office supplies used by businesses typically include pens, paper clips, and printer ink.

Thus, option C is correct.

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If an american-based firm opens and operates a new clothing factory in honduras, then it is engaging in:.

Answers

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If an american-based firm opens and operates a new clothing factory in honduras, then it is engaging

Exercise 23-11 Condensed financial data of Pat Metheny Company for 2020 and 2019 are presented below. PAT METHENY COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2020 AND 2019 2020 2019 Cash $1,800 $1,150 Receivables 1,750 1,300 Inventory 1,600 1,900 Plant assets 1,900 1,700 Accumulated depreciation (1,200) (1,170) Long-term investments (held-to-maturity) 1,300 1,420 $7,150 $6,300 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings $1,200 200 1,400 1,900 2,450 $7,150 $900 250 1,550 1,700 1,900 $6,300 PAT METHENY COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020 Sales revenue $6,900 Cost of goods sold 4,700 Gross margin 2.200 Selling and administrative expenses_930 Income from operations Other revenues and gains Gain on sale of investments Income before tax 1,350 Income tax expense - 540 Net income 810 Cash dividends 260 Income retained in business 1,270 80 $550 Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold in 2020. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) PAT METHENY COMPANY Statement of Cash Flows (Indirect Method) Adjustments to reconcile net income to

Answers

PAT METHENY COMPANY

Statement of Cash Flows (Indirect Method) for the Year Ended December 31, 2020

Cash Flows from Operating Activities:

Net income $810

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation expense 30

Gain on sale of investments (80)

Increase in receivables (450)

Decrease in inventory 300

Increase in accounts payable 300

Decrease in accrued liabilities (50)

Net cash provided by operating activities $860

Cash Flows from Investing Activities:

Purchase of plant assets (200)

Net cash used in investing activities ($200)

Cash Flows from Financing Activities:

Issuance of common stock 70

Cash dividends (260)

Net cash used in financing activities ($190)

Net increase in cash 470

Cash at beginning of year 1,150

Cash at end of year $1,620

To prepare the statement of cash flows using the indirect method, we start with net income and make adjustments to reconcile it to net cash provided by operating activities.

Adjustments to reconcile net income:

Add back depreciation expense since it is a non-cash expense.

Subtract the gain on the sale of investments since it is a non-operating gain.

Deduct the increase in receivables as it represents a use of cash.

Add the decrease in inventory as it represents a source of cash.

Deduct the increase in accounts payable as it represents a use of cash.

Add the decrease in accrued liabilities as it represents a source of cash.

Cash flows from operating activities:

Net income is adjusted for the above items to calculate net cash provided by operating activities. In this case, the net cash provided by operating activities is $860.

Cash flows from investing activities:

The purchase of plant assets represents a cash outflow and is included as a negative amount under investing activities. In this case, the net cash used in investing activities is ($200).

Cash flows from financing activities:

The issuance of common stock represents a cash inflow and is included as a positive amount under financing activities. Cash dividends paid represent a cash outflow and are included as a negative amount under financing activities. In this case, the net cash used in financing activities is ($190).

Net increase in cash:

The net increase in cash is calculated by adding the cash flows from operating, investing, and financing activities. In this case, the net increase in cash is $470.

Cash at the end of the year:

The cash at the beginning of the year is provided, and the net increase in cash is added to calculate the cash at the end of the year. In this case, the cash at the end of the year is $1,620.

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Jacob works part-time as a cashier at a drug store. His gross pay for the year
was $8,000. Based on his income level, the federal tax rate he'll need to pay is
10%. For his state taxes, Jacob will need to pay 5% and the FICA rate is
7.65%. What is Jacob's net pay for the year?

A. $1,812
B. $7,200
C. $6,188
D. $6,988

Answers

Answer:

Option C

Explanation:

Gross Salary of Jacob  = $ 8000

Federal tax paid by him = 10% of $8000 = $800

State tax = 5% of $8000 = $400

FICA rate = 7.65% of $8000 = $612

Net Pay of Jacob = $ 8000 - $800 -$400-$612

= $6188

Hence, option C is correct

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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You are in a 98 story building taking the elevator to the top from the bottom. each story is 15 feet. the elevator travels at 29.33 feet per second. how long do you have for your elevator pitch?

Answers

You will go 50.11 feet per second from the top to the bottom of an elevator.

What is speed?

Distance divided by time is the dimension of speed. The SI measure of speed is the metre per second (m/s), however the most frequent unit of speed in everyday use is the kilometre per hour (km/h), or miles per hour in the United States and the United Kingdom (mph). The knot is extensively utilized in air and sea transport.

Given Data:

Every story is 15 feet

While you are at 98 story

Distance = 15 (98) = 1470 feet

Time = 29.33  second

Speed = \(\frac{Distance}{Time}\)

Speed = \(\frac{1470}{29.33}\)

Speed =  50.11 feet per second.

As a result, you will move 50.11 feet per second from the top to the bottom of an elevator.

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