Consider a Washing Machine as a System

question 45

Multiple Choice

Consider a washing machine as a system.Which of the following represents the process?

• 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:

Tax Paid

The amount of money paid to the government as a result of taxable activities, such as income earned or goods sold.

Ending Fixed Assets

The value of a company's physical assets, such as property, buildings, and machinery, at the end of an accounting period.

Cash Flow From Assets

The total of cash flow to bondholders and cash flow to shareholders, consisting of operating cash flow, capital spending, and additions to net working capital.

EBIT

Earnings Before Interest and Taxes, a measure of a company's profitability based purely on operational and business activities without considering interest and tax expenses.