How Much Does It Cost to Operate a 25-W Soldering $16 \phi$

question 42

Multiple Choice

How much does it cost to operate a 25-W soldering iron for 8.0 hours if energy costs 8.0¢/kWh?

• A) \(16 \phi\)
• B) \(25 \phi\)
• C) \(\$ 1.50\)
• D) \(1.6 \phi\)

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Definitions:

Accrued Liabilities

Expenses that have been incurred but not yet paid, recognized on the balance sheet for accounting purposes.

Operating Activities

Activities directly related to the primary operations of a business, including production, sales, and delivery of services.

Net Cash Provided

The amount of cash generated by a company's operations after accounting for outflows and inflows.

Cash Account

An account that shows the amount of cash a company has on hand or in the bank.