What Is the Activation Energy

question 23

Multiple Choice

What is the activation energy?

• A)the minimum amount of energy to break the bonds in reactants
• B)the amount of energy required to activate a phase change
• C)the energy difference between the reactants and the products
• D)the amount of energy required to separate reactants from the products
• E)the hill

Calculate financial ratios such as the gross margin ratio, current ratio, and acid-test (quick) ratio, and interpret their significance regarding profitability and liquidity.

Match accounting definitions with their corresponding terms.

Differentiate between the periodic and perpetual inventory systems and understand the impact on accounting records.

Describe the operating cycle for a merchandiser with credit sales.

---

Definitions:

Accounts Receivable

Accounts receivable are amounts owed to a company by its customers for goods or services delivered on credit but not yet paid for.

Allowance Method

The allowance method is an accounting technique that estimates and accounts for bad debts, recognizing that a certain percentage of accounts receivable may not be collectible.

Bad Debts Expense

The portion of accounts receivable that is estimated to be uncollectible during a period.

Realizable Value

The estimated amount that an asset can be sold for, less any selling costs, at the end of its useful life.