The Management of Downtown Athletics Recently Voted to Limit Any

question 93

Multiple Choice

The management of Downtown Athletics recently voted to limit any future borrowing or sales of company stock. By taking this action, management has effectively done which one of the following?

• A)increased the profit margin
• B)lowered income taxes
• C)maximized future dividends
• D)maximized future retained earnings
• E)limited future growth

---

Definitions:

Physiological Need

Basic physical requirements essential for human survival, such as food, water, and shelter, which must be met to maintain health and well-being.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, depicting a five-tier model of human needs, from basic (physiological) to more advanced (self-actualization) needs.

Self-Esteem

An individual's subjective evaluation of their own worth and abilities.

Sense of Purpose

The feeling or belief that one has a meaningful direction in life or contributes to something greater than oneself.