What Would Be the Number of Intelligent Civilizations in Our

question 61

Essay

What would be the number of intelligent civilizations in our galaxy if all stars formed planets, each planet has a 0.1 percent change of supporting life, and every time conditions are right life develops, but only 0.001 percent of the time intelligent life develops, and once it develops it survives indefinitely?

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Definitions:

Deferred Tax Assets

Financial items on a company's balance sheet that can be used to reduce future tax liability.

Deferred Tax Liabilities

Future tax liabilities arising from temporary differences between the book value and the tax basis of assets and liabilities.

Book Income Tax Expense

The amount of income tax expense that is reported in the financial statements, which may differ from actual taxes paid due to timing or differences in accounting and tax rules.

Deferred Tax Assets

Financial items on a company's balance sheet representing taxes paid or carried forward but not yet realized in the income statement.