Two Identical Metal Bars Are Heated Up Until They Are

question 124

Multiple Choice

Two identical metal bars are heated up until they are both glowing. One of them is "red hot" and the other is "blue hot." Which one is hotter, the one that glows red or the one that glows blue?

• A) the red one
• B) the blue one
• C) We cannot tell without knowing more about the two bars.

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Net Sales

The total revenue from sales minus returns, allowances, and discounts.

Owners' Equity

The amount of the business that belongs to the owners after all debts and liabilities have been subtracted from total assets.

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An investment is the allocation of resources, such as time, money, or effort, in expectation of generating an income or profit.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operating costs, from its total revenue.