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Imagine That, of Three Species, It Is Known That Species

question 47

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Imagine that, of three species, it is known that species 1 and 3 were separated 10 million years ago, based on geologic measurements. Genetic analysis at a neutral locus indicates that these species differ by 100 substitutions. If there are 10 substitutions separating species 1 and 2, approximately how long ago did these species diverge?

Identify the constraints and qualitative characteristics as per GAAP.
Recognize the assumptions and conventions in accounting.
Distinguish the criteria for revenue recognition.
Acknowledge the secondary characteristics of accounting information.

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