Why Do We Know That Apparent Polar Wander Didn't Actually

question 21

Essay

Why do we know that apparent polar wander didn't actually happen, and that the poles have remained more or less where they are now?

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Definitions:

Prepaid Expenses

Payments made in advance for goods or services, which are recorded as assets until they are actually used.

Noncash Investing

Investment activities that do not involve the immediate outflow of cash but may involve the exchange of non-cash assets or liabilities.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, reducing the amount of outstanding stock on the company’s shareholders’ equity account.

Note Payable

A financial obligation in the form of a written promissory note that specifies the principal amount, interest rate, and due date.