Emulsification

question 205

Multiple Choice

Emulsification

• A) converts small lipid droplets into larger droplets.
• B) occurs in the gallbladder.
• C) chemically digests lipids.
• D) increases surface area for lipid digestion.
• E) involves enzymes.

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Definitions:

Net Operating Working Capital

A financial metric that highlights a firm's operational liquidity by subtracting current liabilities (excluding short-term debt) from current assets.

Current Ratio

A financial metric quantifying a firm's capability to fulfill its short-term liabilities with its present assets.

Aging Schedule

Breaks down accounts receivable according to how long they have been outstanding. This gives the firm a more complete picture of the structure of accounts receivable than that provided by days’ sales outstanding.

DSO

The average duration a company needs to collect payment post-sale is known as Days Sales Outstanding.