The Two Most Important Factors That Appear to Have Been

question 17

Multiple Choice

The two most important factors that appear to have been involved in past mass extinctions are:

• A) fire and climatic factors.
• B) disease and parasites.
• C) glaciers and earthquakes.
• D) environmental and biological factors.
• E) plate tectonics and climatic factors.

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Definitions:

Assets and Liabilities

Assets are resources owned by a company expected to provide future benefits, and liabilities are obligations a company owes to outside parties.

Fair Market Value

The price at which an asset would change hands between a willing buyer and a willing seller, not under compulsion and both having reasonable knowledge of the relevant facts.

Acquisition Differential

The excess of the cost of acquisition over the fair value of the net assets acquired in a business combination, often attributed to intangibles like goodwill.

Fair Value Enterprise Method

A valuation method that estimates the value of an entire enterprise as if it were traded in a fair and open market.