"If Female Lizards with Reddish Throats Produce More Eggs Than

question 4

Multiple Choice

"If female lizards with reddish throats produce more eggs than females with orangish throats, then the reddish throat is an evolved adaptation." This statement

• A) is true, because this species has variation, a critical requirement for the evolution of adaptations by natural selection.
• B) is false, because females with orangish throats could still have more offspring that live to reproduce than females with reddish throats.
• C) is false, because there is no guarantee that females with reddish throats are the best for the long-term preservation of this species.
• D) could be true or false, because we cannot tell without knowing whether reddish females outnumber orangish females in this species.

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Definitions:

Owners' Equity

The residual interest in the assets of an entity after deducting liabilities, representing the owners' share in the company.

Gaap

Generally Accepted Accounting Principles are the standard framework of guidelines for financial accounting used in any given jurisdiction, commonly the U.S.

Lifo Inventory

A method of inventory valuation where the last items placed into inventory are the first ones taken out, used to calculate the cost of goods sold and ending inventory.

Basic Earnings Per Share (Eps)

Basic Earnings Per Share (EPS) is a calculation used to gauge a company's profitability on a per-share basis, dividing net earnings available to common shareholders by the average outstanding shares.