A Certain Object Floats in Fluids of Density

question 8

Multiple Choice

A certain object floats in fluids of density
1. 0.9
2. 11ef0078_1e09_aa02_bc85_bb66f8c21327_TB6585_11
3. 1.1 11ef0078_1e09_aa02_bc85_bb66f8c21327_TB6585_11
Rank these fluids according to the volume displaced by the object, least to greatest.

• A) 1, 2, 3
• B) 3, 2, 1
• C) 2, 3, 1
• D) 3, 1, 2
• E) All are the same

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Definitions:

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.

Equity Method

A method of accounting where an investor recognizes its share of the profits and losses of an investee, adjusting the carrying value of its investment accordingly.

Impairment

A permanent reduction in the value of an asset to below its carrying amount, reflecting a decline in its fair value.

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.