A Value of N =0

question 41

Multiple Choice

A value of N =0.1 for the Drake equation signifies that

• A) one out of every 10 solar systems in our galaxy harbors intelligent life.
• B) one out of every 10 solar systems in our galaxy harbors life of some kind.
• C) one out of every 10 Milky-way sized galaxies in our universe harbors intelligent life.
• D) one out of every 10 Milky-way sized galaxies in our universe harbors life of some kind.
• E) approximately one intelligent civilization in the universe is created every 10 billion years.

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Definitions:

Small Stock Dividend

A dividend paid in the form of additional shares, typically representing less than a 25% increase in outstanding shares.

Capital In Excess

Funds received by a company from issuing shares that exceed the par value of the shares.

Debt-Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets, often used to assess the company's financial leverage.

Residual Dividend Policy

A strategy where dividends paid to shareholders are based on earnings left over after all operational and investment costs are covered.