What Is the Maximum Amount Apex Can Borrow and Not

question 19

Multiple Choice

What is the maximum amount Apex can borrow and not exceed a debt ratio of .3?

• A) $4,000,000.
• B) $5,500,000.
• C) $5,000,000.
• D) $6,000,000.

---

Definitions:

Marginal Benefits

The boost in pleasure or benefit experienced from the consumption or creation of one extra unit of a good or service.

Marginal Costs

The boost in total charges incurred by producing one more unit of a product or service.

Rational Self-interest

Acting in a way that is most beneficial to oneself, based on logical and reasoned decision-making.

Utility

In economics, the satisfaction or benefit derived from consuming a product or service.