Biological Oxidation-Reduction Reactions Always Involve

question 100

Multiple Choice

Biological oxidation-reduction reactions always involve:

• A) direct participation of oxygen.
• B) formation of water.
• C) mitochondria.
• D) transfer of electron(s).
• E) transfer of hydrogens.

Understand the concept and accounting treatment of goodwill.

Familiarize with the depletion method used for natural resources.

Comprehend the legal life of copyrights and the amortization of intangible assets.

Know how to record the amortization of patents.

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Definitions:

Return on Equity

A measure of a corporation's profitability, calculated as net income divided by shareholder's equity.

Debt-Equity Ratio

A financial metric used to evaluate a company's leverage, by calculating the division of its total debts by the equity of its investors.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue.

Times Interest Earned

A financial metric indicating how many times a company can cover its interest payments with its earnings before interest and taxes.