When the Ratio of Expenses Versus Sales Is Used to Express

question 16

Multiple Choice

When the ratio of expenses versus sales is used to express expenses as a percentage of sales, it is called a(n) ________ ratio.

• A) current
• B) operating
• C) quick
• D) None of the above.

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Definitions:

ΔG° Value

Represents the standard free energy change of a reaction at constant temperature and pressure, indicating the spontaneity of the process.

Standard Conditions

The set of established conditions including 0°C (273.15 K) and 1 atmosphere pressure used as a baseline to measure properties of substances.

Equilibrium Constant

A numerical value that expresses the ratio of concentrations of products to reactants at equilibrium, specific for a given reaction at a given temperature.

Gibbs Free Energy

A thermodynamic quantity used to predict the feasibility of a reaction at constant temperature and pressure.