Which Statement About Antibiotics Is FALSE

question 9

Multiple Choice

Which statement about antibiotics is FALSE?

• A)Antibiotic use in animals may contribute to the creation of antibiotic resistant bacteria.
• B)Almost half of the antibiotics produced in the US are used to prevent disease in animals.
• C)Antibiotics are used to promote growth in animals.
• D)Antibiotic use in animals is not regulated.

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Definitions:

Interest Tax Shield

The reduction in income taxes that results from taking the interest expense as a deductible charge.

Capital Structure

The capital structure is the mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity which funds its overall operations and growth.

Tax Rates

The segment of earnings an individual or corporate entity owes to the government in taxes.

Interest Tax Shield

The saving in taxes due to deductible interest expenses, which reduces taxable income and ultimately decreases the tax liability.