State Whether or Is Being Used in the Exclusive or Inclusive

question 15

Multiple Choice

State whether or is being used in the exclusive or inclusive sense in the given statement.
-I don't know if I should wear my new skirt or my new dress tonight.

• A)Exclusive
• B)Inclusive

---

Definitions:

Retention Ratio

The proportion of net income that is retained by a company rather than distributed to shareholders as dividends.

Sustainable Growth Rate

The maximum growth rate a firm can achieve without having to finance growth with additional equity or debt.

Quebec Firm

Refers to a business organization that is registered or operates in Quebec, Canada, subject to provincial laws and regulations.

Equity Value

The value of a company’s shares; it represents the residual value to shareholders after debts and liabilities have been settled.