Which of the Following Is an Example of a Privileged

question 19

Multiple Choice

Which of the following is an example of a privileged group with respect to resolving environmental problems?

• A)The United States has an advantage with regard to global warming because it has few low-lying areas.
• B)Only a few countries wanted to continue killing whales for commercial purposes.
• C)The International Whaling Commission enacted a ban on commercial whaling due to net benefits for each of its members.
• D)The United States saw sufficient benefits to justify banning CFCs unilaterally.

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Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment in its core business or to pay debt.

Internal Growth Rate

The internal growth rate is the maximum rate at which a company can expand its operations through reinvestment of its own earnings, without raising external financing.

Dividend Payout Ratio

The percentage of a company's net earnings distributed to its shareholders as dividends.

Fixed Assets

Long-term tangible assets used in the operation of a business that are not expected to be consumed or converted into cash within a year.