Peter Singer | What Should a Billionaire Give-And What Should

question 34

Multiple Choice

Peter Singer | What Should a Billionaire Give-And What Should You?
Singer explores the ethical issues associated with philanthropy on a large scale, such as the billions of dollars donated by Bill Gates and Warren Buffet, including questions raised concerning motive, obligation, and relation to government aid. He concludes with a hypothetical calculus of distribution for the wealthy to the poor that would more than solve the crisis of poverty among the world's poorest peoples.
-Pogge's theory is based on the fact that

• A) resource-rich poor countries are exploited for the benefit of industrial countries.
• B) there is no evidence that "trickle-down" wealth is beneficial to the poor.
• C) Industrial countries share equally in the wealth with resource-rich poor countries.
• D) both a and b

Understand the impact of transactions on liquidity and efficiency ratios, including the acid-test ratio and the average sale/ collection period.

Grasp the calculation and significance of the gross margin percentage, dividend payout ratio, and times interest earned ratio.

Comprehend the effects of changes in a company's financing structure on profitability and leverage ratios, such as return on assets, debt-to-equity ratio, and book value per share.

Recognize common-size financial statements as a tool for vertical financial analysis.

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Definitions:

Sociability

The quality of being willing to engage in social interactions and form relationships with others.

Self-Esteem

An individual's subjective evaluation of their own worth or value, influencing attitudes and behaviors.

Life Experiences

The collective events, situations, and activities that an individual has encountered over the course of their life.

Big Five

A personality model that outlines five broad dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.