Quincy Eliminated Soft Drinks from His Diet and Discovered 6

question 36

Multiple Choice

Quincy eliminated soft drinks from his diet and discovered 6 weeks later that his weight dropped from 206 lb to 195 lb. What is the percent decrease? Round to the nearest tenth
Of a percent.

• A)5.6%
• B)94.7%
• C)11%
• D)5.3%

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Definitions:

Cash Receipts

Cash receipts refer to the collection of money, including checks, cash, and credit card charges, received by a business for goods or services it has sold.

Cash Payments

Money that is paid out by a business, often for expenses, debt, or purchases.

Investing Section

Part of a company's cash flow statement that shows cash inflows and outflows related to investments in securities, property, and equipment.

Financing Section

A part of financial statements that includes activities related to issuing debt, repayment of debt, issuing equity, and paying dividends.