Coal Is a Fossil Fuel Formed from

question 14

Multiple Choice

Coal is a fossil fuel formed from

• A) dead marine organisms.
• B) plants.
• C) metamorphosed mafic minerals.
• D) blue-green algae.

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Definitions:

Book Value

The net value of a company's assets minus its liabilities, often used to assess if a company's stock is under- or overvalued.

Note Payable

An obligation in writing that promises to pay a specified sum of money at a determined future date or on demand.

Capital Balances

The amount of money that owners have invested in a company plus any retained earnings or losses.

Net Income

The total profit of a business after all expenses and taxes have been deducted from total revenue.