Which of the Following Statements Is True or Accurate About

question 59

Multiple Choice

Which of the following statements is true or accurate about the Deepwater Horizon event of 2010?

• A)The event affected only the deep water marine life.
• B)The cleanup of the spill was relatively fast because the blowout was near the surface.
• C)Much of the spill was broken down by bacteria or evaporated from the water's surface.
• D)This was the first large-scale spill of crude oil into marine ecosystems.

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Definitions:

Free Cash Flow

The amount of operating cash flow remaining after replacing current productive capacity.

Cash Flow From Operations

A measure of the cash a company generates from its regular business activities, excluding costs associated with financing or investments.

Fixed Assets

Tangible assets held for a long duration, employed in business operations, and not anticipated to be converted into cash or consumed within a short period.

Financial Statements

Reports that provide an overview of a company's financial condition in an accounting period, including the income statement, balance sheet, cash flow statement, and statement of changes in equity.