A Quick Way to Approximate a Population's Doubling Time Is

question 10

Multiple Choice

A quick way to approximate a population's doubling time is to divide 70 by the growth rate expressed as a percent. Assume the world's growth rate is 1.3. What is its doubling time?

• A) 46 years
• B) 74 years
• C) 54 years
• D) 62 years.

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Definitions:

Profit Margin

A financial ratio indicating the percentage of revenue that exceeds the costs of goods sold, showcasing the profitability of a company.

Return On Equity

A measure of a corporation's profitability that calculates how much profit a company generates with the money shareholders have invested.

Equity Multiplier Ratio

A financial ratio indicating the proportion of a company's total assets that are financed by shareholders' equity.

Total Assets

The total of all current and non-current assets that a company possesses.