Table 4.1 True Sandpaper Co

question 8

Multiple Choice

Table 4.1
True Sandpaper Co.
Balance Sheets
For the Years Ended 2014 and 2015
-The largest single source of funds for the firm in 2015 is ________. (See Table 4.1)

• A) an increase in net profits after taxes
• B) an increase in notes payable
• C) an increase in long-term debt
• D) an increase in inventory

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Definitions:

Carbon Fixation Reactions

Reduction reactions of photosynthesis in which carbon from carbon dioxide becomes incorporated into organic molecules, leading to the production of carbohydrate. See Calvin Cycle.

Reduced

A term often used in chemistry to describe the gain of electrons or decrease in oxidation state by a molecule, atom, or ion.

Oxidized

Describes a process where an atom, molecule, or ion loses electrons, often associated with a gain of oxygen or loss of hydrogen in chemical reactions.

Photophosphorylation

The production of ATP in photosynthesis.