Ocean Basins Have Opened and Closed Over Great Spans of Time

question 18

Multiple Choice

Ocean basins have opened and closed over great spans of time during Earth's history.  This process of opening and closing is called a .

• A) Wilson cycle
• B) d ivergent - convergent cycle
• C) c onvection current
• D) u plift-subduction cycle

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Definitions:

Net Income

Total earnings of a business, arrived at by subtracting all expenses and taxes from its overall income.

Dividends

Payments made to shareholders out of a corporation's profits, reflecting the company's earnings and financial health.

Common Stock

A type of equity security that represents ownership in a company, with rights to vote and share in dividends.

Statement of Financial Position

Another term for the balance sheet, detailing a company's financial status including assets, liabilities, and equity at a specific point in time.