Refer to the Graph

question 94

Multiple Choice

Refer to the graph. The IUCN has so far assessed 53,033 species, of the approximately 8.7 million thought to exist on Earth.The graph shows the number of species in each extinction risk category that so far have been assessed.This suggests that, especially in nonvertebrate categories, such as corals, the numbers shown on the graph are likely to be

• A) very accurate, because they have been comprehensively assessed.
• B) fairly accurate, because even good estimates are subject to some errors.
• C) underestimated, because only a small percentage of species have been assessed.
• D) underestimated, because there is no valid way to assess aquatic species such as corals.
• E) overestimated, because scientists tend to assess invertebrates more closely than vertebrates.

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Definitions:

Flotation Cost

Flotation cost refers to the total costs incurred by a company in issuing new securities, including underwriting fees, legal fees, registration fees, and other expenses.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, which is considered when analyzing a company's financial health.

Project Financing

A financial structure where projects are funded with a loan structure that relies solely on the project's cash flow for repayment, with the project's assets, rights, and interests held as secondary collateral.

Debt Financing

Raising capital through the sale of bonds, bills, or notes to individuals or institutions.