Match the Terms with the Definitions

question 8

Multiple Choice

Match the terms with the definitions.
-Net sales minus cost of goods sold.

• A)selling expenses
• B)quick assets
• C)average days to sell inventory
• D)book value
• E)property, plant, and equipment
• F)operating cycle
• G)quick ratio
• H)general expenses
• I)gross profit
• J)net sales
• K)multiple-step income statement
• L)inventory turnover
• M)liquidity

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Definitions:

Babies

Very young infants, typically understood to be in the first year of life.

French Fries

Deep-fried potato strips, often salted, and served as a side dish or snack.

UNICEF

The United Nations Children's Fund, a UN agency responsible for providing humanitarian and developmental aid to children worldwide.

Newborns

Infants who are in their first few hours to weeks of life, characterized by rapid physical and developmental changes.