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Given the Following Information,what Would Be the Number of Intelligent

question 19

Essay

Given the following information,what would be the number of intelligent civilizations in our galaxy? If all stars formed planets; each planet has an 0.1 percent chance of supporting life; every time conditions are right,life develops; and only 0.001 percent of the time,intelligent life develops surviving indefinitely.


Definitions:

Outstanding Shares

The total number of shares of a corporation that are currently owned by investors, including restricted shares owned by the company's officers and insiders.

Fair Value

An estimate of the market price of an asset or liability, based on the current market conditions and the asset's characteristics.

Goodwill

The intangible asset that arises when a company acquires another for a price higher than the fair value of its net identifiable assets.

Net Assets

The difference between total assets and total liabilities on a company's balance sheet, representing the owner's equity.

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