The Comprehensive Environmental Response,Compensation,and Liability Act (CERCLA)is Also Known as

question 24

Multiple Choice

The Comprehensive Environmental Response,Compensation,and Liability Act (CERCLA) is also known as

• A)the Superfund Act.
• B)the Clean Water Act.
• C)the Toxic Substances Control Act.
• D)the Resource Conservation and Recovery Act.

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Definitions:

Yield-To-Maturity

An estimate of the total return expected on a bond if the bond is held until the date it matures.

WACC

Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.

Return on Assets

A financial ratio indicating how profitable a company is relative to its total assets, used to assess how efficiently a company uses its assets to generate earnings.

Total Equity

The total net value of a company, calculated as total assets minus total liabilities, representing ownership value in the company.