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During the Cretaceous, increased rifting of Pangaea resulted in a(n) ____________________ of the seas.
Useful Life
The estimated duration of time over which an asset is expected to be functional and contribute to a company's operations.
Revenue Expenditures
Short-term expenses incurred during normal business operations that are charged against revenue in the period they are incurred.
Capital Expenditures
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment.
Major Overhaul
A significant restoration or repair of equipment, aimed at extending its useful life.
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