The Sort of Rationale That Would Make the Most Sense

question 307

Multiple Choice

The sort of rationale that would make the most sense to a person at the preconventional level of moral reasoning would be: "Don't hit Justin, because:

• A)you should never hurt anyone."
• B)it's against the rules."
• C)you'll have to stay after school."
• D)because Justin is my friend."

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Definitions:

ROE

Return on Equity; a financial ratio indicating the profitability of a company by comparing net income to shareholders' equity.

EBIT

Earnings Before Interest and Taxes, a measure of a company's profitability excluding interest and income tax expenses.

Total Leverage

The combined effect of using both operating leverage and financial leverage on a company's earnings before interest and taxes (EBIT).

Variable Cost Ratio

The proportion of variable costs to sales or production output, indicating how variable costs change with changes in output.