Biological Evolution According to Darwin and Wallace States That

question 67

Multiple Choice

Biological evolution according to Darwin and Wallace states that

• A) organisms produce numerous offspring, but environmental factors limit the number of reproducing survivors.
• B) heritable variations allow some individuals to outcompete others.
• C) the offspring of successful individuals inherit the favorable characteristics of their parents.
• D) a and b
• E) a, b, and c

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Definitions:

Capital Intensity Ratio

The dollar amount of assets required to produce a dollar of sales. The capital intensity ratio is the reciprocal of the total assets turnover ratio.

AFN Formula

The Additional Funds Needed formula, used to calculate the additional working capital required to support a firm's growth in sales.

Debt/Assets Ratio

A financial metric indicating the proportion of a company's assets that are financed by debt.

Dividend Payout Ratio

A financial metric that measures the percentage of earnings distributed to shareholders in the form of dividends.