If You Were Thinking About a Washing Machine as a System

question 310

Multiple Choice

If you were thinking about a washing machine as a system which of the following represents the inputs?

• A)The dirty clothes,water,and detergent.
• B)The clean clothes.
• C)The wash and rinse cycle.
• D)The light indicating that the washer is off balance and has stoppeD.

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Definitions:

Paid in Excess

Funds received by a company over and above the par value of its stock, often recorded as additional paid-in capital on the balance sheet.

Retained Earnings

Profits that a company retains for reinvestment in its operations, rather than distributing to shareholders as dividends.

Stock Repurchases

The act of a company buying back its own shares from the marketplace, potentially to increase the value of remaining shares.

IRS

Internal Revenue Service, the U.S. government agency responsible for tax collection and tax law enforcement.