Classification

question 28

Essay

Classification.Respond to the following statements with reference to the five terms listed below, which are used by ecologists.
a.carrying capacity
b.net reproduction per individual per unit time
c.age structure
d.survivorship
e.growth rate
-The maximum number of individuals that a given habitat can support is this.

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Definitions:

Retail Inventory Method

An accounting method used by retailers to estimate inventory cost by relating the cost of goods sold to retail sales.

Net Sales

The amount of revenue a company generates from its sales activities after deducting any returns, allowances, and discounts.

Beginning Inventory

The value of a business's inventory at the start of an accounting period.

Lower-of-Cost-or-Market

An accounting principle that values inventory at the lower of its historical cost or market value.