A Post-1982 Penny Is Made with Zinc, but Its Density

question 1

Multiple Choice

A post-1982 penny is made with zinc, but its density is actually greater than that of zinc because ________.

• A)it is coated with a thin layer of copper, which is more dense than zinc
• B)it is compressed to a smaller volume in the manufacturing process
• C)it has more mass for the same volume
• D)Both A and C are correct

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Definitions:

Depreciation

The planned spreading out of the expense of a tangible asset over the duration of its usefulness.

Statement of Financial Position

A financial statement that shows the assets, liabilities, and equity of an entity at a specific point in time.

Statement of Income

A financial report that shows the company's revenue, expenses, and net profit or loss over a specific period.

Leasehold Improvements

Enhancements made to a leased property by the lessee, leading to increased property value.