Alex, Bob and Cathy Used the Lone-Chooser Method to Divide

question 16

Short Answer

Alex, Bob and Cathy used the Lone-Chooser Method to divide up a cake. Alex and Bob are the Dividers for this method, and each of them cuts their portions into thirds allowing Cathy to make her selections. Based off of this chart, which two pieces will Cathy choose?

---

Definitions:

Cash Flow Statement

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financing activities.

Investing Activities

Transactions and events related to the acquisition or disposal of long-term assets and investments not included in cash equivalents.

Accounts Payable

Liabilities of a business that represent amounts due to suppliers or creditors for goods and services received but not yet paid for.

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered but not yet paid for.