Which of the Following Statements Are CORRECT

question 16

Multiple Choice

Which of the following statements are CORRECT?
1) Chili saltpeter is a common name for NaNO₃.
2) Trona is a common name for Na₂CO₃.NaHCO₃.2 H₂O.
3) Soda ash is a common name for Na₂CO₃.

• A) 1 only
• B) 2 only
• C) 3 only
• D) 1 and 3
• E) 1,2,and 3

---

Definitions:

Cash Flow

The overall aggregation of money movement into and out of a firm, essentially determining its ability to quickly mobilize assets.

Revenues

Revenue obtained through standard business activities, factoring in discounts and allowances for goods returned.

Earnings Per Share

Earnings per share (EPS) is a financial metric that represents the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of a company's profitability.

Net Income

The amount of profit a company has left over after all expenses and taxes are deducted from total revenue.