Why Is Isaac Newton Sometimes Said to Have "United the Heavens

question 67

Multiple Choice

Why is Isaac Newton sometimes said to have "united the heavens and Earth"?

• A) Because of the fact that there are no exceptions to the laws of thermodynamics.
• B) Because Newton's law of gravity seems to apply throughout the universe.
• C) Because Newton's law of conservation of energy seems to apply throughout the universe.
• D) Because he discovered that the energy processes that power the sun also operate on Earth.
• E) Because he caused the scientific community to accept the idea that Earth is just one planet orbiting the sun like the other planets.

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Definitions:

Depreciation Expense

The allocated portion of an asset's cost expensed each year over its useful life to account for its wear and tear, obsolescence, or decline in value.

End-Of-Period Spreadsheet

A tool used in accounting to compile all balances and adjustments of an accounting period before preparing the final financial statements.

Retained Earnings

The portion of net income that is held by a company and not distributed to shareholders as dividends, used for investment or debt repayment.

Revenues

The complete earnings derived from transactions involving goods or services that are fundamental to an organization's core functions.