In this scenario, we have committed an error related to Procedural justice
Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.
According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.
In conclusion, we have committed an error relating to procedural justice because the rule that was <em>applied to Julio </em>was <em>not applied to John</em>, therefore, there was a bias in justice.
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The firm with a 20% Debt and 80% Equity has the lowest degree of leverage.
<h3>What is a
degree of leverage?</h3>
This means how much a firm operating income changes in response to a change in sales.
Because the Firm C has a low debt, this means its has the lowest degree of leverage when compared to others.
Therefore, the Option C is correct.
Missing options "90% Debt, 10% Equity
30% Debt, 70% Equity
20% Debt, 80% Equity
50% Debt, 50% Equity"
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The process whereby a organization makes decisions about what they will do in the future is known as planning.
<h3>What is planning?</h3>
Planning simply means the process of thinking in order to achieve a desirable goal.
Planning is the process of making decisions about goals and activities that an organization will pursue in the future.
Organizations make plans in order to increase sales, revenue, etc.
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