Which of the Following Was a Result of the Rio

question 56

Multiple Choice

Which of the following was a result of the Rio Declaration?

• A) the establishment of the United Nations Environment Program
• B) the United Nations adoption of Resolution 2389
• C) the obligation on states to prepare an "environmental impact assessment"
• D) the creation of the United Nations Conference on the Environment and Development

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Definitions:

Unlevered Firm

A business that operates without any debt financing, using only equity for its operations and investments.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's cost.

Homemade Leverage

The use of personal borrowing to adjust the overall level of financial leverage that an individual utilizes in their investments.

Capital Structure

Describes the mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, used to finance its overall operations and growth.