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Calculate payout ratio given the following information: cash dividends paid = $6,000; sales = $100,000; cost of goods sold = $45,000; selling and administrative expenses = $25,000; interest
Expense = $6,000; tax rate = 30%.
Geographic Isolation
A form of reproductive isolation in which two populations are separated by physical barriers, leading to the development of distinct species.
Rapid Evolutionary Change
A process where species undergo significant alterations in their genetic makeup over relatively short geological periods, often in response to dramatic environmental shifts.
Midrange Forms
Species or variations within species that exhibit characteristics or traits intermediate between two distinct groups, reflecting evolutionary or genetic transitions.
Trait
A distinct characteristic or attribute of an organism that can be passed from one generation to the next through genetic inheritance.
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