When Ice Floats in Water, a Small Part of It

question 77

Multiple Choice

When ice floats in water, a small part of it extends above the surface. Interestingly, the volume of ice that extends above the surface is equal to the volume of the

• A)water the ice displaces.
• B)vast number of open spaces in the hexagonal ice crystals.
• C)both
• D)neither

Understand the significance of the Other Comprehensive Income and its components.

Learn how to perform calculations involving returns on equity and assets to evaluate a company's financial performance.

Get familiar with computing and interpreting the debt to assets ratio to assess a company's leverage and long-term solvency.

Understand how to use financial information to calculate ratios concerning the short-term financial stability of a company, such as the current and acid-test ratios.