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The Maunder minimum occurred in the 17th century, which many scientists debate the labeling of that time as the "Little Ice Age". However, it occurred before the Industrial Revolution and thus, had no significant impact on the human standard of living as we know in today's society. Suppose the Sun experienced a similar period today. How would life on Earth be impacted?
Common Shares
Equities representing ownership interests in a company, entitling holders to a share in the company's profits and voting rights in certain decisions.
Straight-Line Depreciation
An accounting method that allocates the cost of an asset evenly over its useful life.
Voting Stock
Shares in a company that give the shareholder the right to vote on company matters, such as electing the board of directors.
Fair Value Option
An election that allows companies to report specific financial assets and liabilities at their fair values, with changes in fair value recognized in the income statement.
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