The Process of Gasification

question 3

Multiple Choice

The process of gasification

• A) Extracts geopressurized natural gas.
• B) Converts oil to natural gas.
• C) Converts coal to gasoline.
• D) Converts coal to natural gas.

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Definitions:

Gross Profit

The difference between sales revenue and the cost of goods sold.

Cost of Goods Sold

The direct monetary outlays for the creation of goods a company markets, including costs for labor and materials.

Cost of Goods Sold

Costs directly incurred from the process of manufacturing goods that a company sells, including the costs of materials and labor.

Merchandise Sales

The revenue generated from selling goods that a company has purchased or produced for resale.