Match the Terms with the Definitions

question 31

Multiple Choice

Match the terms with the definitions.
-Refers to the speed with which an asset can be converted to cash.

• 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:

Minerals

Inorganic elements that are essential for the body to function properly, such as calcium, iron, and potassium.

Fatty Acid Molecules

Organic compounds largely made of long hydrocarbon chains that are important components of lipids in the body.

Glycerol Molecule

A simple compound forming the backbone of most lipids, used by the body in various metabolic processes.

Fat

A macronutrient that is one of the body's primary sources of energy, playing crucial roles in hormone production, cell structure, and absorption of vitamins.