A 50-Cm³ Block of Wood Is Floating Partially Submerged in Water,and

question 46

Multiple Choice

A 50-cm³ block of wood is floating partially submerged in water,and a 50-cm³ block of iron is totally submerged in water.Which block has the greater buoyant force on it?

• A) the wood
• B) the iron
• C) Both have the same buoyant force.
• D) The answer cannot be determined without knowing the densities of the blocks.

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Definitions:

Average Cost

The total cost of goods available for sale divided by the total units available for sale, determining the cost of inventory.

WACC

The Weighted Average Cost of Capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is proportionately weighted. It represents the minimum return that a company must earn on its existing asset base to satisfy its creditors, owners, and other providers of capital.

Component Cost

The cost associated with each separate element (debt, equity, etc.) that comprises the overall cost of capital for a firm.

Noncallable Bond

A type of bond that cannot be redeemed by the issuer before its maturity date, thus offering investors protection against early repayment risks.