________ Is the Theory That Holds That Actions That Generate

question 13

Multiple Choice

________ is the theory that holds that actions that generate greater happiness are judged to be better than actions that lead to unhappiness.

• A) Virtue Ethics
• B) Utilitarianism
• C) Relativism
• D) Deontology

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Definitions:

Cash Coverage Ratio

A liquidity ratio that measures a company’s ability to pay off its debt obligations with its cash and cash equivalents.

Tax Rate

The percentage of income or value of a transaction that is required to be paid as tax to a governmental authority.

Interest Paid

The amount paid by a borrower to a lender in compensation for the use of borrowed money, typically expressed as an annual percentage of the principal.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its current income. It's calculated by dividing earnings before interest and taxes (EBIT) by the interest expenses.