The term sanitizing has lost its distinct meaning as special laboratory methods become ineffective

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Interest earned on a given deposit that has become part of the principal at the end of a specified period is called compound interest.

Indicate whether the statement is true or false.

Business

Which one of the following correctly defines the retention ratio?

A. one plus the dividend payout ratio B. addition to retained earnings divided by net income C. addition to retained earnings divided by dividends paid D. net income minus additions to retained earnings E. net income minus cash dividends

Business