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    Flaws of Nature : The Limits and Liabilities of Natural Selection

    Species evolve over time to become perfectly adapted to their environments, right?Well, sometimes. Consider that an elephant will not grow a seventh set of teeth, even though wearing down the sixth will condemn it to starvation; that hosts of the European cuckoo seem unable to tell that the overgrown monster in their nest is not their own chick; and that whales are fully aquatic mammals who, millions of years after first abandoning the land, still cannot breathe underwater. This book is about evolution, but not its greatest hits.Instead, it explores everything in the animal kingdom that is self-defeating, ill-made, uneconomical, or downright weird – and explains how natural selection has favoured it.In the grand struggle for survival, some surprising patterns emerge: animals are always slightly out-of-date; inefficiency tends to increase over time; predators usually lose, and parasites usually win.With equal parts humour and scientific insight, Andy Dobson is here to explain the how and why of evolution’s limits and liabilities.

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  • Are wages liabilities?

    Yes, wages are considered liabilities for a company because they represent an obligation to pay employees for their work. From an accounting perspective, wages are typically recorded as a liability on the company's balance sheet until they are paid to the employees. This reflects the company's obligation to fulfill its financial commitments to its employees. Therefore, wages are classified as a liability until they are settled.

  • Is there a timer for mindfulness training, meditation, yoga, and spirituality?

    There is no set timer for mindfulness training, meditation, yoga, and spirituality as it varies from person to person. Some people may find it helpful to start with short sessions, such as 5-10 minutes, and gradually increase the duration as they become more comfortable. Others may prefer longer sessions right from the start. It's important to listen to your body and mind and find a timing that works best for you. The key is to be consistent and make it a regular practice in your daily routine.

  • What are liabilities and receivables?

    Liabilities are obligations or debts that a company owes to external parties, such as loans, accounts payable, or accrued expenses. They represent the company's financial responsibilities that must be settled in the future. Receivables, on the other hand, are amounts owed to a company by its customers or other parties for goods or services provided. They represent the company's right to receive payment and are considered assets on the company's balance sheet. Both liabilities and receivables are important components of a company's financial position and are crucial for assessing its overall financial health.

  • What are transitory assets and/or liabilities?

    Transitory assets and/or liabilities are items on a company's balance sheet that are expected to be settled or used up within a relatively short period of time, typically within one year. These items are considered to be temporary in nature and are not expected to have a long-term impact on the company's financial position. Examples of transitory assets include cash, accounts receivable, and inventory, while examples of transitory liabilities include accounts payable and short-term debt. It is important for investors and analysts to understand the nature of these transitory items when evaluating a company's financial health and performance.

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    Mindfulness and Christian Spirituality

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  • Why is equity on the liabilities side?

    Equity is placed on the liabilities side of the balance sheet because it represents the claims of the company's owners or shareholders on the company's assets. It is considered a liability because the company has an obligation to its owners to repay their investment in the business. However, unlike other liabilities, equity does not have a fixed repayment schedule and is considered a residual claim, meaning it is only paid out after all other liabilities have been settled. Therefore, equity is categorized as a liability on the balance sheet to accurately reflect the financial obligations of the company.

  • How are the assets and liabilities evaluated?

    Assets and liabilities are evaluated based on their current market value or book value. For assets, this means determining their fair market value, which is the price that they could be sold for in the current market. Liabilities are evaluated based on their current outstanding balance or the amount that is owed. This evaluation helps to determine the financial health and position of a company, as well as its ability to meet its financial obligations.

  • What are meditation and mindfulness?

    Meditation is a practice that involves focusing the mind on a particular object, thought, or activity to train attention and awareness, and achieve a mentally clear and emotionally calm state. Mindfulness is a type of meditation that involves paying attention to the present moment without judgment. It involves being fully aware of your thoughts, feelings, bodily sensations, and surrounding environment. Both meditation and mindfulness have been shown to have numerous benefits for mental and physical well-being, including reducing stress, improving focus, and enhancing overall quality of life.

  • Why must the total value of assets and liabilities in a balance sheet be equal?

    The total value of assets and liabilities in a balance sheet must be equal because of the fundamental accounting equation, which states that assets must always equal liabilities plus equity. This principle ensures that the balance sheet accurately reflects the financial position of a company at a specific point in time. If the total value of assets and liabilities did not balance, it would indicate errors in the financial reporting or discrepancies in the company's financial position, which could lead to misinterpretation of its financial health. Therefore, balance in the balance sheet is crucial for transparency and accuracy in financial reporting.

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