A Solid Object Floats in Water with Three-Fourths of Its

question 9

Multiple Choice

A solid object floats in water with three-fourths of its volume beneath the surface.What is the object's density? The density of water is 1000 kg/m³.

• A)1333 kg/m³
• B)1000 kg/m³
• C)750 kg/m³
• D)250 kg/m³

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Definitions:

Equity Method

This approach adjusts the value of an investment based on the proportional changes in the investee's net assets, reflecting the investor's ownership interest.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets, representing the value of the brand, customer base, and other non-tangible assets.

Equipment Account

An account used in bookkeeping to track the purchase and depreciation of equipment over time.

Unamortized Patent

The portion of a patent's cost that has not yet been expensed through amortization, representing an intangible asset on the balance sheet.