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Thunderstorms are powered by the heat released when water vapor changes to rain drops. How much heat is released when a gallon of rain falls? (1 gal = 3,785 g; specific heat of vaporization of water = 2,262 J/g)
Consolidated Balance Sheet
A consolidated financial statement that displays the combined assets, liabilities, and equity of a parent company and its subsidiaries as a single entity.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption or wear and tear.
Currency Exchange Rates
The price at which one country's currency can be converted into another's, important for international trade and investments.
Income Statement
A financial statement that shows a company's revenues, expenses, and profits over a specific period, usually a fiscal quarter or year.
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