The Annual Temperature Range at Most Latitudes in the Southern

question 69

Multiple Choice

The annual temperature range at most latitudes in the southern hemisphere is much smaller than in the northern hemisphere. Why?

• A) There is more area covered by water in the southern hemisphere.
• B) There is less desert area in the southern hemisphere.
• C) Rainfall and cloudiness are greater in the southern hemisphere.
• D) Earth is closer to the Sun during southern hemisphere summer.
• E) There is more mountainous area in the southern hemisphere.

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Definitions:

Free Cash Flow to Equity

The amount of cash that could be potentially distributed to shareholders after all expenses, reinvestments, and debt repayments have been taken care of.

Levered Beta

A measurement of the volatility of a stock, including the impact of the company's debt, relative to the market as a whole.

Unlevered Beta

A measure of how much the stock of a company is expected to move if the stock market moves 1 point, without considering the company's debt.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity.