Use the Figure to the Right to Answer the Next

question 52

Multiple Choice

Use the figure to the right to answer the next problem. A beaker is filled with water.A small plastic container contains a solid bar of aluminum,which has a mass of 40 g,and is placed on the water so that it floats.The water level reads 60 ml.Next,the bar of aluminum is taken out of the container and placed in the water so that it sinks to the bottom.
-The water level in the beaker _____

• A)drops.
• B)stays unchanged.
• C)rises.
• D)depends on the type of container
• E)unable to tell

---

Definitions:

Financing Activities

Activities that result in changes in the size and composition of the contributed equity and borrowings of a company, usually reported on the cash flow statement.

Long-lived Assets

Assets that have a useful life of more than one year, used in the operation of a business and not intended for resale.

Cash Balance

The amount of cash on hand at any given time in a company's financial accounts.

End of the Period

A term referring to the conclusion of a specific accounting period, at which financial statements are prepared.