Two ______° Fittings Can Be Joined to Create a 45°

question 3

Short Answer

Two ______° fittings can be joined to create a 45° offset.

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Definitions:

Treasury Stock

Refers to shares that were issued by a company and later repurchased. These shares do not pay dividends, have no voting rights, and are not included in shares outstanding calculations.

Foreign Currency Translation

Foreign currency translation is the process of converting the financial statements of a company from its functional currency into another currency for reporting purposes.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting liabilities, representing the ownership interest.

Cumulative

Describes items that are totalled up over a period of time, such as dividends that accumulate if not paid out.