The Key Explanation for the Prevalence of Waterway Pollution Is

question 70

Multiple Choice

The key explanation for the prevalence of waterway pollution is:

• A)​the inclusion in decisions of all production costs associated with the use of waterways.
• B)​that there are private costs but no costs to society associated with the use of waterways that are not costs to society.
• C)​that waterways are not private property and can be used free of charge.
• D)​that waterways are not of great value to society.

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Definitions:

External Financing Needed

The amount of funding a company must seek from outside sources to finance its business operations and growth ambitions beyond what it can generate internally.

Internal Rate of Growth

The maximum rate of growth a firm can achieve without resorting to external financing, relying solely on its own resources.

Retained Earnings

The portion of net income that is retained by a company rather than distributed to its shareholders as dividends.

Sustainable Growth Rate

The maximum rate at which a company can grow its sales, earnings, and dividends without increasing its financial leverage, relying solely on its internal resources.