In the 1990s, Astronomers Studying Distant Type Ia Supernovae Discovered

question 54

Multiple Choice

In the 1990s, astronomers studying distant Type Ia supernovae discovered that the

• A) universe's expansion rate has been decreasing with time.
• B) universe is finite in size.
• C) universe's expansion rate has been increasing with time.
• D) rate of supernova explosions has been increasing with time.
• E) universe's expansion rate has stayed constant with time.

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Definitions:

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financial activities.

Operating Activities

Activities that are directly related to the day-to-day operations of a business, including revenue generation and expense incurrence.

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for changes in non-cash accounts to calculate operating cash flow.

Net Income

A company's overall income after deducting all expenses and taxation from gross revenue.