Before Darwin, ____

question 64

Multiple Choice

Before Darwin, ____.

• A) no one had conceived of biological evolution
• B) Lamarck wrote about biological evolution, but had the mechanism wrong
• C) Malthus developed a theory of evolution
• D) Lamarck proposed the idea of natural selection, but was ignored
• E) Malthus demonstrated the progression of fossils in sedimentary rocks

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Definitions:

Accounts Receivable

Outstanding payments due to a firm from its customers for delivered goods or services awaiting payment.

Cost of Goods Sold

The total direct costs attributed to producing goods, including materials and labor, which are sold during a certain period.

Total Asset Turnover

A financial ratio that measures a company’s effectiveness in using its assets to generate sales revenue.

Inventory Turnover

A ratio that shows how many times a company's inventory is sold and replaced over a specified period, indicating the efficiency of inventory management.