The "Octet Rule" Relates to the Number Eight Because

question 2

Multiple Choice

The "octet rule" relates to the number eight because:

• A) Only atoms with eight valence electrons undergo chemical reaction.
• B) Ions with charges of +8 and -8 are very stable.
• C) Atoms, during compound formation, frequently obtain eight valence electrons.
• D) All electron subshells can hold eight electrons.

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Definitions:

Credit Standards

The criteria and measures used by lenders to determine the creditworthiness of potential borrowers.

Bad-Debt Losses

Financial losses that occur when borrowers fail to pay back their loans.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers.

Average Collection Period (ACP)

A financial ratio that measures how long it takes to collect on credit sales. Also called days sales outstanding (DSO).