Charles Darwin Observed That Finches on Different Islands Had Different

question 58

Multiple Choice

Charles Darwin observed that finches on different islands had different types of beaks that were most suited to coping with the environment of their particular island. From this insight, he concluded that:

• A) life on Earth is immutably fixed.
• B) life on Earth is evolving.
• C) animals were created in their present form by God.
• D) animals migrate to locations that are most suitable.

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Definitions:

Profitability Index (PI)

A calculation that determines the relative profitability of an investment, indicating the ratio of payoff to investment amount.

Internal Rate of Return (IRR)

The Internal Rate of Return (IRR) is the rate at which the net present value of all the cash flows (both positive and negative) from a project or investment equals zero, used as a benchmark to decide the profitability of an investment.

Net Present Value (NPV)

NPV is a financial metric used in capital budgeting to assess the profitability of an investment or project, calculated as the difference between the present value of cash inflows and outflows.

Capital Budgeting

The process by which investors or company management evaluate and select long-term investments that are likely to yield positive returns.