Energy Can Be Neither Created nor Can It Be Destroyed

question 26

Short Answer

Energy can be neither created nor can it be destroyed, however, it can be ____________________ from one form to another.

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Definitions:

Subsidiary

A company controlled by another company (the parent company) through ownership of more than 50% of its voting stock.

Goodwill

An intangible asset that arises when a buyer acquires an existing business and pays more than the fair value of the identifiable net assets.

Equity Method

This accounting approach is used to assess the contribution of investments in other entities to the investor's financial health, altering the investment's value on the balance sheet based on the investor's share of the entities' net assets.

Retained Earnings

The portion of a company's profits not distributed as dividends to shareholders but retained by the company for reinvestment in its operations or to pay debt.