Which of the Following Is a True Statement Regarding Ecological

question 47

Multiple Choice

Which of the following is a true statement regarding ecological footprints?
1) The ecological footprint of a single individual in the U.S. is greater than that of ten individuals in India
2) The ecological footprint of a single individual in the U.S. is 1.5 times that of an individual in France
3) India's total global footprint is greater than that of the France
4) If all people on earth had the same lifestyle as those in the U.S., we would need 3 more earth's to meet the demand for resources

• A) 1
• B) 2
• C) 3
• D) 4
• E) 1 and 3

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Definitions:

Working Capital Accounts

Accounts that reflect a company's current assets minus its current liabilities, providing a snapshot of its short-term financial health and operational efficiency.

Borrowing Rate

The interest rate that a lender charges a borrower for the loan of funds, varying based on credit risk, loan amount, and duration.

Net 60

A payment term indicating that payment is due 60 days after the invoice date.

Lock Box System

A banking service provided to companies for speeding up collection of payments by having those payments sent directly to a bank's PO box, rather than to the company.