Choose the INCORRECT Statement

question 96

Multiple Choice

Choose the INCORRECT statement.

• A)Hydrometallurgy handles materials as aqueous solutions.
• B)The three steps of hydrometallurgy are leaching,purification and/or concentration and precipitation.
• C)Leaching is adding chemicals to eat away the ore,leaving the metal.
• D)Purification in hydrometallurgy is to remove impurities and concentrate solutions.
• E)Purification in hydrometallurgy may include evaporation of water,ion exchange,and/or use of activated charcoal.

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

Cost of Trade Credit

The effective interest rate associated with taking discounts offered by suppliers for early payment or the cost of forgoing those discounts.

Net 30

A payment term indicating that full payment is due within 30 days of the invoice date.

Terms

Conditions and parameters under which credit is extended by a lender to a borrower, including the repayment schedule, interest rate, and maturity date.