What Is Bitumen

question 63

Multiple Choice

What is bitumen?

• A)It is an octane-raising gasoline additive.
• B)It is a type of coal.
• C)It is a deep oil shale deposit.
• D)It is a high-sulphur, heavy oil found in tar sand.

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Acid-Test Ratio

A stringent indicator of whether a firm has enough short-term assets to cover its immediate liabilities without selling inventory.

Current Ratio

A financial metric assessing a firm's capacity to settle short-term debts using its existing assets.