If You Have a Leaky Faucet Dripping at a Rate

question 61

Multiple Choice

If you have a leaky faucet dripping at a rate of one drop per second (drip drip drip) and it takes 20 drops to equal one mL, how many liters of water do you waste per year

• A)1,500 L
• B)100 L
• C)10 L
• D)1 L
• E)20 L

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Definitions:

Investing Activity

Transactions involving the acquisition or disposal of non-current assets, including investments in other entities.

Operating Activities

These are the day-to-day activities of a business that involve producing and selling goods or providing services, and include cash flows related to sales, expenses, and working capital.

Investing Activities

Investing Activities involve the acquisition and disposal of long-term assets and investments not included in cash equivalents.

Financing Activities

Transactions and events where cash is raised or repaid to finance the company’s operations or investments, typically involving debt, equity, and dividends.