The Arguments Against Corporate Social Responsibility Indicate That Business

question 76

Multiple Choice

The arguments against corporate social responsibility indicate that business

• A) already has enough power.
• B) has only economic power.
• C) does not have any social power.
• D) has no real power.
• E) tends to abuse its power.

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Definitions:

Debt-Equity Ratio

A ratio indicating a firm's financial leverage, determined by dividing its total debts by its shareholder equity.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its customers by dividing total net credit sales by the average accounts receivable.

Net Working Capital

This is a measure of a company's liquidity, calculated as the difference between its current assets and current liabilities.

Current Assets

Assets that are expected to be converted into cash, sold, or used up within one year or within the normal operating cycle of the business, whichever is longer.