When Considering the Number of Technologically Advanced Civilizations in Our

question 34

Multiple Choice

When considering the number of technologically advanced civilizations in our galaxy, it is useful to consider

• A)the average life span of an alien.
• B)the average life span of the civilization.
• C)the distance to the civilization's planet.
• D)the type of advanced communication they use.

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Definitions:

Marketable Securities

Liquid financial instruments that can be quickly converted into cash at a reasonable price, such as stocks and bonds.

Days' Sales in Receivables

A financial ratio that measures the average number of days it takes a company to collect payment after a sale has been made.

Accounts Receivable

Accounts receivable represents money owed to a company by its customers for goods or services delivered on credit.

Inventory Turnover

A measure of the number of times inventory is turned into goods sold during the year, computed by dividing the cost of goods sold by the average inventory.