Which of the Following Is Found in Both Baking Soda

question 41

Multiple Choice

Which of the following is found in both baking soda and baking powder?

• A) NaHCO₃(s)
• B) KH₂PO₄(s)
• C) both a and b
• D) neither a nor b

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Definitions:

Compensating Balances

Compensating balances are minimum balance requirements that a bank may impose on a borrower, kept in a non-interest-bearing account, as part of loan agreements.

Cash Conversion Cycle

The cash conversion cycle measures the time it takes for a company to convert resource inputs into cash flows, indicating the efficiency of managing inventory and receivables.

Receivable into Cash

The process or activity of converting money that is owed to a company by its customers into actual cash, usually through collection efforts.

Excess Cash

Funds that exceed the normal operating needs of a company, which might be used for investments, acquisitions, or improving financial ratios.