The Best Way to Ship a Large Shipment of Coal

question 109

Multiple Choice

The best way to ship a large shipment of coal (which is a heavy and bulky good) from Pennsylvania to California at a relatively low cost would be to use:

• A) Rail
• B) Water
• C) Truck
• D) Air
• E) Pipeline

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Definitions:

Net Income

The total profit of a company after subtracting all expenses, taxes, and costs from total revenue.

Financing Activities

Activities that result in changes in the size and composition of the equity capital and borrowings of an entity, including issuing debt, equity, and paying dividends.

Cash Flows

The sum of funds entering and exiting a company, particularly influencing its liquid assets.

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of a company.