Which of the Following Statements Would Be Least Acceptable to Most

question 63

Multiple Choice

Which of the following statements would be least acceptable to most zoologists?

• A)The extant lancelets are contemporaries,not ancestors,of vertebrates.
• B)The first fossils resembling lancelets appeared in the fossil record around 530 million years ago.
• C)Recent work in molecular systematics supports the hypothesis that lancelets are the basal clade of chordates.
• D)The extant lancelets are the immediate ancestors of the fishes.
• E)Lancelets display the same method of swimming as do fishes.

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Definitions:

Discount Rate

The discount rate employed to ascertain the present worth of forthcoming cash flows in an analysis of discounted cash flow.

NPV

Net Present Value; the calculation of the present value of cash inflows minus the present value of cash outflows over a period.

Cash Flows

The movement of money into and out of a business, representing its operating, investing, and financing activities.

WACC

Weighted Average Cost of Capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is proportionately weighted, including debt, equity, and any other long-term debt.