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In the Oceans on Either Side of the Isthmus of Panama

question 40

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In the oceans on either side of the Isthmus of Panama are 30 species of snapping shrimp, 15 species on the Pacific side and 15 different species on the Atlantic side. Species live at different water depths. Morphological and genetic data show that Atlantic and Pacific species that live at similar depths are sister species. The sister species on each side of the isthmus cannot interbreed because the water in the canal is fresh water, not salt water, and provides a barrier to reproduction. A sea-level, salt-water canal between the two oceans has been proposed to make transport across the isthmus easier. Which of the following outcomes is the most likely result if such a canal were built?


Definitions:

Intra-entity Gain

Profit resulting from transactions between divisions or units within the same company, not affecting the overall financial position of the company.

Accrual-based Net Income

The measure of a company's financial performance that includes earned revenues and incurred expenses that have yet to be received or paid.

Upstream Intra-entity Gross Profits

Upstream intra-entity gross profits are profits derived from transactions between a parent company and its subsidiary, where the subsidiary sells goods or services to the parent, requiring careful account adjustments when preparing consolidated financial statements.

Noncontrolling Interest

The portion of equity in a subsidiary not attributable directly or indirectly to the parent company.

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