Somewhere Between the Earth and the Moon Is a Point

question 75

Multiple Choice

Somewhere between the Earth and the Moon is a point where the gravitational attraction of the Earth is canceled by the gravitational pull of the Moon.The mass of the Moon is 1/81 that of the Earth.How far from the center of the Earth is this point?

• A)8/9 the way to the Moon
• B)9/10 the way to the Moon
• C)3/4 the way to the Moon
• D)80/81 the way to the Moon

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts and prepare the company’s books for the next period.

Financial Statements

Reports that summarize the financial performance, position, and cash flows of a business over a specific period of time, including the balance sheet, income statement, and statement of cash flows.

Ledger

A book or collection of financial accounts in which transactions are recorded and summarized.

Net Loss

Occurs when a company's total expenses exceed its total revenues, indicating a negative profit for a specific time period.