Continental Rifting Is Occurring Today in ________

question 10

Multiple Choice

Continental rifting is occurring today in ________.

• A)western California (San Andreas Fault)
• B)between Minnesota and Wisconsin (mid-continent rift)
• C)the Pacific Northwest (Cascadia subduction zone)
• D)Ethiopia and Kenya (East African Rift valley)

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Definitions:

Gross Profit

The financial performance metric that subtracts the cost of goods sold (COGS) from revenue, indicating how efficiently a company produces or sources its products.

Gross Margin

The difference between sales revenue and cost of goods sold, shown as a value or percentage, indicating the efficiency of sales relative to production costs.

Gross Sales

Gross sales represent the total sales revenue of a company without any deductions for returns, allowances, or discounts.

Periodic Inventory System

A method of inventory accounting where updates to inventory levels are made periodically at the end of an accounting period, rather than continuously.