Standards of Conduct That Guide People's Decisions and Behavior Are

question 42

Multiple Choice

Standards of conduct that guide people's decisions and behavior are known as:

• A) ethics.
• B) morals.
• C) business ethics.
• D) corporate social responsibility.

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Definitions:

Total Debt

The sum of all short-term and long-term liabilities owed by an entity.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set.

Cost of Capital

The rate of return that a company must earn on its projects to maintain its market value and attract investment.

M&M Proposition I

A theory in corporate finance that states the value of a firm is unaffected by how it is financed, in the absence of taxes, bankruptcy costs, and asymmetric information.