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During vigorous exercise, there may be insufficient oxygen available to completely break down pyruvic acid for energy. As a result, the pyruvic acid is converted to .
Prepaid Expenses
Costs paid in advance for goods or services to be used or received in the future, classified as current assets on a balance sheet.
Statement of Cash Flows
A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, resulting in net income or loss.
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