Casey and Agustin Are Roommates

question 3

Multiple Choice

Casey and Agustin are roommates.Casey is from Indiana, and Agustin is from Argentina.Casey is surprised that Agustin is Caucasian and mentions that he thought most people in South America were Hispanic.He asks if Agustin is the son of a diplomat or an ex-patriot conducting business there.Agustin laughs warmly and says that Argentina is quite diverse in its culture with a lot of Europeans.Casey is put at ease for asking the question, and apologizes for not knowing much about Agustin's country.Casey could be considered:

• A)culturally ignorant
• B)culturally aware
• C)culturally biased
• D)culturally in denial

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Definitions:

Dividend Payout Ratio

The fraction of earnings a firm pays out to its shareholders in the form of dividends, expressed as a percentage of the company's total earnings.

Retained Earnings

Retained earnings refer to the portion of a company's profits that are kept by the company instead of being paid out as dividends to shareholders, often used for reinvestment in the business or to pay down debt.

Dividend Payout Ratio

A financial metric that shows what portion of a company's net income is paid out to shareholders in the form of dividends.

Total Debt

The sum of all liabilities, including both short-term and long-term debts, owed by a company.