The Next Phase in the Life Cycle of the Sun

question 163

Multiple Choice

The next phase in the life cycle of the Sun will be

• A) the formation of a red giant.
• B) a move to the main sequence.
• C) collapse to a white dwarf.
• D) a supernova explosion.

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Definitions:

Net Income

The company's resulting profit when all deductions, including expenses and taxes, are made from the total income.

Classified Balance Sheet

A financial statement that organizes assets, liabilities, and equity into subcategories for detailed understanding.

Unclassified Balance Sheet

A balance sheet that presents assets and liabilities in a lump sum, without dividing them into classifications or categories.

Net Income

The amount of money a company earns after deducting all its expenses, taxes, and costs from its total revenue.