The Buoyant Force That Keeps a Ship Afloat Is an Example

question 100

Multiple Choice

The buoyant force that keeps a ship afloat is an example of

• A)Archimedes' principle.
• B)Pascal's principle.
• C)Bernoulli's principle.
• D)Torricelli's principle.
• E)none of these principles.

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Definitions:

Current Liabilities

Current liabilities are a company's debts or obligations that are due within one year.

Liquidity

Refers to how quickly an asset can be converted to cash. Liquid assets can be converted to cash quickly, whereas illiquid assets cannot.

Operating Cycle

The period of time it takes for a business to purchase inventory, sell products, and receive cash from sales.

Average Payment Period

The average amount of time it takes a company to pay off its accounts payable.