We Say We Are Looking Back in Time When We

question 64

Multiple Choice

We say we are looking back in time when we are looking at the stars because

• A)we see stars as they once were when their light reaches us.
• B)space curves,we are actually looking at the past when we look in the night sky.
• C)stars are emitting immense radiation,we are seeing processes that have already happened.
• D)Earth's atmosphere bends and distorts their light.

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Definitions:

Capital to Purchase Fixed Assets

Financial resources allocated for the purchase of long-term physical assets that a company uses in its operations.

Cash Flow Statement

A financial document providing comprehensive detail about a company's cash inflows and outflows over a specified period.

Noncash Asset

Assets owned by a business not in the form of cash but may be converted into cash within a year, such as inventory and property.

Change in Cash

The difference in a company's cash balance over a specified period, indicating the net increase or decrease in cash.