In 2012, Approximately How Many Americans Were Unable to Purchase

question 55

Multiple Choice

In 2012, approximately how many Americans were unable to purchase or acquire enough food to sustain their families?

• A) ​3 million
• B) ​12 million
• C) ​21 million
• D) ​36 million
• E) ​49 million

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Definitions:

Bond Issue

The process of offering bonds for sale to investors, whereby an issuer borrows capital from bondholders and pays them a predetermined interest rate.

Note Payable

A financial document representing a borrower's promise to pay back a specified amount of money, plus interest, to a lender at a future date.

Indirect Method

A technique used in cash flow statements where net income is adjusted for non-cash transactions and changes in working capital to calculate cash flow from operating activities.

Income Statement

An Income Statement is a financial document that shows a company's revenues and expenses, leading to net profit or loss over a specific period.