The Ocean Crust

question 50

Multiple Choice

The ocean crust

• A)becomes progressively younger away from the mid-ocean ridges.
• B)is the same age worldwide.
• C)becomes progressively older away from the mid-ocean ridges.
• D)ranges in age; the oldest ocean crust is in the Atlantic and the youngest ocean crust is in the Arctic.

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Definitions:

Retained Earnings

The part of net profits that is not distributed as dividends but is kept by the firm to reinvest in its fundamental operations or to settle debts.

Common Stock

Equity ownership in a corporation, with voting rights and the potential for dividends.

Retained Earnings

The part of net profits not allocated for dividend distribution but held back by the firm for the purposes of reinvesting in its main business or settling debts.

Dividends Paid

The portion of a company's earnings that is distributed to its shareholders as a payment, typically in the form of cash or additional shares.