The Vitamin That Is Necessary for the Absorption of Iron

question 44

Multiple Choice

The vitamin that is necessary for the absorption of iron in the small intestine is:

• A)A
• B)niacin
• C)C
• D)folic acid

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Definitions:

Vertical Analysis

An approach to analyzing financial statements where every item within the three primary account categories (assets, liabilities, and equity) on a balance sheet is shown as a percentage of the total category.

Total Liabilities

The combined total of all current and long-term financial obligations owed by an entity at any given time.

Common-Sized Income Statement

An income statement in which each line item is expressed as a percentage of sales, facilitating the comparison across different periods or companies.

Net Income

The final profit of a company calculated by deducting all expenses and taxes from its revenue.