Examlex
The rate law for the following mechanism is
ClO-(aq) + H2O(l)
HOCl(aq) + OH-(aq)
K,Fast
I-(aq) + HOCl(aq) HOI(aq) + Cl-(aq)
K1,Slow
HOI(aq) + OH-(aq) OI-(aq) + H2O(l)
K2,Fast
Ending Inventory
Ending inventory refers to the total value of unsold goods that a company holds at the end of an accounting period.
Goods In Transit
Items that have been shipped by a seller but not yet received by the buyer, which can be included in the inventory of either party depending on the shipping terms.
Purchase Discount
is a reduction in the price of goods bought, usually due to early payment by the buyer to the seller.
Perpetual Inventory System
A perpetual inventory system continuously tracks inventory levels and costs, updating records with each receipt or sale of goods.
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