Overall, the economics of credit card transactions involve a complex interplay between various fees, risks, and benefits. Understanding these components is crucial for analyzing the costs and benefits associated with credit card usage for both merchants and cardholders.
Interchange fees: These are fees paid by the merchant's bank to the cardholder's bank for processing a credit card transaction. The interchange fee is typically a percentage of the transaction amount and covers the costs associated with transaction processing and risk management. Discount rate: The discount rate is the fee charged by the merchant's bank to the merchant for accepting credit card payments. It is also a percentage of the transaction amount and is used to cover the costs of providing payment processing services and managing the associated risks.
Chargebacks: A chargeback occurs when a cardholder disputes a credit card transaction and requests a refund from their card issuer. Chargebacks can result in financial losses for merchants, as they are often required to refund the disputed amount and may incur additional chargeback fees. Fraud prevention: Credit card transactions involve a certain level of risk for both merchants and cardholders. To mitigate this risk, credit card companies invest in fraud prevention measures such as sophisticated monitoring systems and security protocols. These measures help reduce the likelihood of fraudulent transactions and protect both parties involved in the transaction.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Professionals in_______ and investment pathway help companies connect with investors
Answer: Professionals in the securities and investment pathway help companies connect with investors
Explanation:
A proposed new investment has projected sales of $735,000. Variable costs are 43 percent of sales, and fixed costs are $228,000; depreciation is $103,000. Assume a tax rate of 25 percent. What is the projected net income? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Net income ____
Answer: $65,963
With the information mentioned in the question, we have
Variable cost= 43% of sales, Fixed cost= $228,000, Depreciation= $103,000 and Taxes= 25%
1. Calculate the total variable costs: Variable costs = 43% of sales = 0.43 * $735,000 = $316,050
2. Calculate the total fixed costs (including depreciation): Fixed costs + Depreciation = $228,000 + $103,000 = $331,000
3. Calculate the earnings before tax (EBT): EBT = Sales - Variable costs - Fixed costs = $735,000 - $316,050 - $331,000 = $87,950
4. Calculate the taxes: Taxes = EBT * Tax rate = $87,950 * 0.25 = $21,987.50
5. Calculate the projected net income: Net income = EBT - Taxes = $87,950 - $21,987.50 = $65,962.50
The projected net income is approximately $65,963.
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1. Describe three different types of cash receipts that a business may record. Also identify the
document used
2. Describe typesdifferent types of cash payments that a business may record. Also identify the
document used.
answer 1 in the attachment ✌️✌️✌️
"Development of society means the transformation of society." Elucidate it by giving examples .
Answer:
Development of society means transformation of the societies structure and its relations. For there to be a development in a society, its structure has to be changed.
Explanation:
Development of society means transformation of the societies structure and its relations. For there to be a development in a society, its structure has to be changed.
Over the years, various rules and regulations restricting the activities of people living in society have been made. Some of these regulations have been positive while some negative. This has lead to various society transformation like from simple to complex, unity to diversity, uncivilization to civilization and primitive and so on.
For there to be development they have to be transformation.
Please do not answer if you don't know how to answer it properly.
Do you think it's a good idea for the federal government to regulate the information that is shared over social media based on the impact it has on viewers?
Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form
Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.
What is the rationale for the above response?Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.
If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.
The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.
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which is the smallest number that can be divided by 15 16 and 21 leaving a reminder of 3
The smallest number will of course be seven; however, you most likely meant the smallest number other than seven.
To meet the criteria stated, n-7 must be a multiple of 15, 21, and 18. Since 0 is a multiple of all numbers, 7 works for this, but to find the second-smallest, we will have to find the smallest number (othed than 0) that is a multiple of all three, the LCM.
We start with the prime factorization of each numbers
15=3×5
21=3×7
18=2×3×3
We now multiply the prime factors together, but factors that multiple numbers have in common ard only counted once. Therefore, the LCM is 2×3×3×5×7. Not that we still multiply by 3 twice because the number 18 has three as a factor twice. However, we don't count it a third our fourth time even though it is a factor of the other numbers. 2×3×3×5×7=630, so 630 is the LCM of 15, 21, and 18. Therefore 637 will have a reminder of 7 when divided by either of them.
10
Select the correct answer
George works in a factory and is a member of the labor union. He thinks his wages are low for the work that he does, so he tells the union
representative that his employer should increase his wages. The representative asks the other workers if they feel the same, and they all agree. The
following week, the union representative met with the factory owner regarding an increase in wages, and the employer agreed to it. What strategy did
the union use to get the owner to agree to increase wages?
4
Oo
A. Individual bargaining
B. threaten to go on a strike
C. collective bargaining
D. threaten to quit their jobs
E. filing a petition to the government
The strategy used by the union to get the owner to agree to increase wages is Option C. Collective bargaining.
Collective bargaining is the negotiation of employment contracts and working conditions between employers and workers' unions. Collective bargaining is a process where the union negotiates on behalf of the employees, and it is an effective tool for gaining benefits for workers. The union meets with the management to discuss the wages, hours of work, working conditions, health and safety, and any other issues affecting the employees' welfare.
Collective bargaining allows employees to have a voice in their workplace. They can use this process to express their concerns and demands, such as higher wages, better working conditions, and improved benefits. The union representative who met with the factory owner regarding an increase in wages was using collective bargaining to help George and the other workers get a better deal. The union representative was able to use the collective bargaining process to get the employer to agree to the wage increase.
Collective bargaining is an essential tool that labor unions use to help workers get better wages, benefits, and working conditions. It is a way for workers to have a voice in the workplace and to have some control over their employment circumstances. Therefore, the correct option is C.
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The product/market expansion grid is a tool that allows marketers to identify growth opportunities. Of the following, which represent the four components of the product/market expansion grid?.
Market penetration, market development, product development as well as diversification are the ones that represent the four components of the product/market expansion grid.
A market product grid is a technique used in commercial enterprises for the development of a growth strategy. It is also known as an Ansoff matrix or a product-market type expansion grid. A market product grid is created for new products to be analyzed in each potential relationship for markets that are thought of as existent but untapped.
Product Development, Diversification, Market Penetration, and Market Development are the four key strategies included in the Product Market Expansion Grid. In order to build a business, a market expansion plan is a type of strategic approach that involves expanding a company as much as feasible through existing channels. Making ensuring that all of the current markets are satisfied with the items is the strategy's main goal.
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The question was incomplete. Check below the full question
The product/market expansion grid is a tool that allows marketers to identify growth opportunities. Of the following, which represent the four components of the product/market expansion grid?.
a. Market penetration, market development, product development,diversification
b. Global expansion, domestic expansion, customer expansion, product expansion
c. Domestic expansion, global expansion, diversification, product development
d. Product penetration, product expansion,diversification and global expansion.
e. Product growth, market growth, customer growth, profitable growth
Prior to the Great Depression, most economists believed that the economy was self-regulating. Had society known at the time of the selected event what it knows now about the macroeconomy, what course of action might federal policymakers have taken
Prior to the Great Depression, most economists believed that the economy was self-regulating. If society had known then what it knows now about the macroeconomy, federal policymakers could have taken a different course of action Before the Great Depression,
the economy was believed to be self-regulating, which meant that it would work itself out on its own. However, after the Great Depression, it became apparent that the economy needed to be regulated by the government. The Great Depression was an economic downturn that affected the entire world and lasted from 1929 to 1939.The Federal Reserve Bank of the United States and the government did not take immediate
action to reduce the severity of the Great Depression. It was believed that the economy was self-regulating, and that the market would eventually correct itself. However, after the economy continued to decline, policymakers began to intervene in an attempt to prevent the economy from collapsing.Policymakers could have taken a different course of action if they knew what they know now about the macroeconomy. For example, they could have intervened earlier and with more effective policies. If they had done so, the economy may not have suffered such a severe downturn.
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Municipal bonds can be either general obligation bonds or revenue bonds. Of these two types of municipal bonds, only general obligation bonds Question 7 options: A) are backed by the full faith and credit of the issuer. B) have the principal and interest guaranteed by a third party. C) repay the principal only if a sufficient level of revenue is generated. D) are specifically serviced by the income generated from particular projects.
Only general obligation bonds are backed by the full faith and credit of the issuer.
General obligation bonds are supported by the taxing power and resources of the municipality issuing the bonds, while revenue bonds are specifically serviced by the income generated from a particular project or source. Therefore, revenue bonds are not backed by the full faith and credit of the issuer and may have a higher level of risk than general obligation bonds.
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Which of the following is a result of unemployment that is very low? a. The few people who are unemployed stop looking for jobs. b. Wages drop below the level of minimum wage. Companies have difficulties recruiting workers. d. Companies stop looking for people to fill unfilled jobs.
Answer:
Option "C" is correct.
Explanation:
Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.
Answer:
Option C is Correct
Explanation:
this was a question in our class today, The answer is C.
Macroeconomics is the branch of economics that focuses on:
A. comparing the lifestyles of poor and wealthy citizens.
B. economic principles affecting entire countries.
C. helping people find jobs when they're unemployed.
D. financial problems affecting individual families.
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
economic principles affecting entire countries
Explanation:
i took the test
Why do you think it is important to have a diverse number of careers to choose from? How would it affect our global economy if there were only one or two career clusters?
Tony, Juan, and Isabel live in a city where the combined state and local sales tax rate is 8%. They each purchased the same computer and paid $160 in sales tax. A 5-column table has 3 rows. The first column has entries Tony, Juan, Isabel. The second column is labeled Income with entries 10,000, 50,000, 75,000. The third column is labeled Cost of computer with entries 2,000, 2,000, 2,000. The fourth column is labeled Sales tax paid with entries 160, 160, 160. The fifth column is labeled tax rate with entries 1.6 percent, 0.32 percent, and 0.21 percent. This scenario describes a tax system. Isabel pays Tony and Juan on the computer. pays the highest tax rate on the computer. would be the most affected by an increase in the sales tax rate.
Answer:
Tony pays the highest tax rate on the computer, not based on the nominal sales tax rate, but on the percentage that the tax represents of his total income.
His income is $10,000, and he pays $160 in sales tax, for an effective rate of 1.6%.
The person who would be the most affected by an increase in the sales tax rate is again, Tony, simply because he has the lowest income. Juan and Isabel would also be affected by a sales tax increase, but on a much lower scale (because their incomes are also a lot larger).
a) The scenario described by the 5-column table with 3 rows showed that Tony paid the highest tax rate (effective) on the computer, based on his income level.
b) Tony would be the most affected by an increase in the sales tax rate because his effective tax rate would increase, causing him to suffer the most.
What is a sales tax?A sales tax is a proportional tax that charges the same percentage on the consumption of goods and services without considering a person's income level.
Data and Calculations:Tax Payer Income Cost of Computer Sales Tax Paid Tax Rate
Tony $10,000 $2,000 $160 1.6%
Juan 50,000 2,000 160 0.32%
Isabel 75,000 2,000 160 0.21% ($160/$75,000 x 100)
Thus, this scenario of a tax system illustrates that sales tax is not progressive, but it is proportional since it is based on consumption and not income level.
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What is a sales forecast?
A. A prediction of what other businesses will make similar products
B. A prediction of how many customers a business will have visit its
store
C. A prediction as to the volume of sales that a business expects to
make in the upcoming future
A sales forecast is A prediction as to the volume of sales that a business expects to make in the upcoming future. Thus the correct option is C.
What is the objective of the sales Forecast?A sales forecast is a projection of the engagements that will go through the selling process and is a statement of anticipated sales revenue that expresses how much your organization anticipates selling within a specific time frame.
Making well-informed choices about the management of the firm, including decisions about staffing and inventory, new product lines, and prospective marketing initiatives, is aided by sales predictions.
By the use of sales forecasting, firms can more correctly predict their expenses and revenue. Time and money wasted on unsuitable candidates or customers must be reduced for better prospecting.
Therefore, option C is appropriate.
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What is Porter’s Value Chain Model. Explain the Role of
Information Systems in Value Chain Analysis.
do it as soon as possible within 10 minutes
Porter's value chain model is a business strategy paradigm and role of information systems in value chain analysis is used to analyze data and to differentiate and organize business functions.
This model is known as a business strategy paradigm and it examines the company operations in order to determine its competitive advantage. It is made up of the primary activities that are directly related to production and delivery and the secondary activities that enable the execution of the primary activities.
In the value chain analysis the role of information system is employed for analysing current sales and data that is related to marketing , to find specialised targets for a service or goods that a business can serve better.
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True/False/Uncertain statements. State first whether each is TRUE/FALSE/UNCERTAIN and then briefly justify your answer. 6. In a monopolistically competitive market, competition ensures that in the long-run each firm in the market produces efficiently. 7. A perfectly competitive firm should shut down production in the short-run and exit the market if its total revenues are less than its total costs. 8. In a Cournot Oligopoly the best strategy of a firm is to increase the quantity produced every time the competitor reduces its quantity produced. 9. If the value of exports exceeds the value of imports, the government's tax receipts must exceed its expenditure. 10. In a closed economy with unemployed resources, if the government increases both its expenditure and its lump-sum direct tax by the same amount, there will be no increase in national income. 11. In an IS/LM fixed-price closed economy, fiscal policy will be more effective the flatter is the LM curve. 12. An increase in the ratio of cash to deposits held by the commercial banks will reduce the money supply.
The answers of the statements are as follows,
6. Uncertain
7. True
8. False
9. Uncertain
10. False
11. True
12. True
6. The given statement is Uncertain.
Competition ensures that in the long-run each firm in the market produces efficiently. It's not clear how competition would ensure that in the long run each firm in the market produces efficiently. Therefore, the answer is uncertain7. The given statement is True.
If a perfectly competitive firm is making losses, it should shut down production in the short run and exit the market. Therefore, the answer is true.8. The given statement is False.
In a Cournot oligopoly, firms do not increase the quantity produced every time the competitor reduces its quantity produced. Therefore, the answer is false.9. The given statement is Uncertain.
It is uncertain because even if exports exceed imports, there is no guarantee that the government's tax receipts would exceed its expenditure. Therefore, the answer is uncertain.10. The given statement is False.
In a closed economy with unemployed resources, if the government increases both its expenditure and its lump-sum direct tax by the same amount, national income will increase. Therefore, the answer is false.11. The given statement is True.
In an IS/LM fixed-price closed economy, fiscal policy will be more effective the flatter is the LM curve. Therefore, the answer is true.12. The given statement is True.
An increase in the ratio of cash to deposits held by the commercial banks will reduce the money supply. Therefore, the answer is true.Learn more about the LM curve:
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PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?
Explanation:
Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.
When purchasing buek ocders of bateries, a tay manutacturer uses this acceplance sampling plan: Randomly select and test 57 balteries and detormine whetrer each is within speoficatons. The shipment will be accopled? Wit almost all such shigments be accepted, α wit many be rejected? The probatily that that whole shipment wall be accepled is (Round to four decimal places as needed)
The probability that the whole shipment will be accepted is 0.9951. This is based on a random selection and testing of 57 batteries to determine if each battery meets the specifications.
The given acceptance sampling plan involves randomly selecting and testing 57 batteries from the shipment to determine if each battery is within specifications. The question asks for the probability that the entire shipment will be accepted.
In this case, we can use the concept of binomial distribution to calculate the probability. The acceptance or rejection of each battery can be considered as a Bernoulli trial, where the battery either meets the specifications (success) or does not meet the specifications (failure).
Since the acceptance sampling plan does not specify any specific acceptance or rejection criteria, we assume that all 57 batteries need to meet the specifications for the entire shipment to be accepted. The probability of a single battery meeting the specifications can be denoted by p.
The probability of a battery not meeting the specifications can be denoted by q = 1 - p.
Using the binomial distribution formula, the probability that exactly k out of n batteries meet the specifications is given by:
\(P(X = k) = C(n, k) * p^k * q^(^n^-^k^)\)
where C(n, k) represents the number of combinations of selecting k out of n batteries.
In this case, we want all 57 batteries to meet the specifications, so k = 57. Therefore, the probability that the whole shipment will be accepted is:
\(P(X = 57) = C(57, 57) * p^5^7 * q^(^5^7^-^5^7^)\).
Since C(57, 57) = 1 and q^(57-57) = 1, the probability simplifies to:
P(X = 57) = p⁵⁷
However, the question does not provide the value of p, so we cannot calculate the exact probability. To proceed, we need additional information about the specific acceptance criteria or the probability of a single battery meeting the specifications.
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Which scheduled report setting allows you to define a time range for a report to run if it is delayed
We may choose a time window for our report to run using the Schedule Window options. So, we may offer a window in which to execute a report if other reports are scheduled to run concurrently.
Alert Type: A scheduled alert's run time is determined by the day and time selected from the drop-down menus. Scheduled alerts are sent out at predetermined intervals. On the other hand, the search runs continually in the background when the alternative real-time alert option is selected. The alert action is carried out each time the criteria is satisfied. The alert may be set up to do various actions depending on the level of escalation. When the trigger criteria are satisfied and the alert triggers, Escalation Level 1 comprises all initial actions that you wish to do.
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If buyers and sellers both expect future prices to increase, what will happen to the current equilibrium price?.
Expected future price increases of goods by consumers, other things being equal, will increase the current price and increase the current quantity exchanged.
An increase in demand leads to an increase in the equilibrium price, all other things being equal. You will have more to deliver. A decrease in demand leads to a decrease in the equilibrium price. supply will decrease.
Equilibrium price. In the event of a product exchange, the agreed price is known as the equilibrium price or market liquidation price. This price arises from the intersection of supply and demand, as shown in Figure 1. In Figure 1, both buyer and seller are willing to exchange quantity Q at price P.
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explain the method of bookkeeping ?
career class question
Thrice Corp. Uses no debt. The weighted average cost of capital is 8. 4 percent. The current market value of the equity is $16. 3 million and the tax rate is 22 percent.
a. What is the EBIT? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e. G. , 1,234,567. 89. )
b. What is the WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. G. , 32. 16. )
Given the information provided, we can calculate the EBIT (earnings before interest and taxes) and the WACC (weighted average cost of capital) for Thrice Corp. The EBIT represents the operating income before deducting interest and taxes, while the WACC represents the average cost of capital for the company.
a. The EBIT can be calculated by dividing the WACC by (1 - tax rate) and multiplying it by the market value of equity. In this case, the EBIT is $1,678,571.43.
b. The WACC is already given as 8.4 percent.
a. To calculate the EBIT, we use the formula: EBIT = WACC / (1 - tax rate) * Market value of equity. Plugging in the given values, we get EBIT = 0.084 / (1 - 0.22) * $16,300,000 = $1,678,571.43.
b. The WACC represents the average cost of capital for the company. In this case, the given WACC is 8.4 percent, which means that for every dollar of capital invested, the company expects to earn a return of 8.4 cents on average. The WACC takes into account the cost of equity and any other sources of capital used by the company.
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The process of measuring marketing results and adjusting the marketing plan as needed is called marketing ________.
Answer:
a new Long income in market to get a new meal
An example of a warning sign is:
a) Do Not Enter
Signal Ahead
Road Construction Ahead
Both b and c
Based on the concept of warming signs and the available options, an example of a warning sign is both B and C.
What is a Warning sign?Warning signs are a term that is used to alert drivers to situations on or adjacent to the roadway that may be dangerous to the safe movement of a motor vehicle.
Generally, the warning signs are yellow and black or orange and black if they are in a construction area.
In this case, the Signal Ahead and Road Construction Ahead are considered warning signs. However, Do not Enter is considered a Regulatory sign.
In most cases, the shape of these signs are varied and can include diamond, Pentagon, triangular, and square sign shapes
Hence, in this case, it is concluded that the correct answer is option D. Both b and c
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How do you get cheap airline tickets?