Answer:
1. Rapid-play poker machines have increased the number of problem and pathological gamblers.
2. Online gambling has resulted in an increased number of problem and pathological gamblers.
4. Electronic media is a breeding ground for new addictions, such as Internet, video games, texting, and multiplayer games.
Explanation:
The true statements regarding technology, gaming, and gambling include:
1. Rapid-play poker machines have increased the number of problem and pathological gamblers.
2. Online gambling has resulted in an increased number of problem and pathological gamblers.
4. Electronic media is a breeding ground for new addictions, such as Internet, video games, texting, and multiplayer games.
It should be noted that there are several betting companies nowadays and this has led to more people to be involved in gambling.
Answer: Strategic alliances/joint ventures
Explanation:
From the question, we are informed that by 2002, Fisher's strategic initiatives in China had yielded significant results and that they had 63% of the retail film market and 7,000 stores.
The method used for their success was the strategic alliances or joint venture whereby two or more business or individuals come together and utilize the resources available to carry out a particular objective.
Answer:
The answer is D.
Explanation:
Income elasticity of demand potatoes is negative. Potato is considered an inferior goods because demand for an inferior good decreases with an increase in income and increases with a decrease in income.
Last year when the income was $30,000, 60 pounds was consumed. It increased to 80 pounds when the income fell to $20,000.
A normal good will increase with an increase in income and decrease with a decrease in income.
The correlation between absenteeism and turnover is <u>stronger than </u>the correlation between tardiness and turnover.
Absenteeism simply refers to a pattern where an employee misses work without giving a good reason. Turnover is the number of an employer's workforce that must be replaced as a result of the separation of employees from the workplace.
It should be noted that the correlation between absenteeism and turnover is stronger than the correlation between tardiness and turnover. When employees continually don't come to the office, this will lead to the employers looking for someone to fill in for them.
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Answer:
a. 11.2%
b. 8.74%
c. Yes
Explanation:
The computation is shown below:
a. The cost of equity capital is
Cost of equity capital = Risk free rate of return + Beta × Market risk premium
= 4% + 0.9 × 8%
= 4% + 7.2%
= 11.2%
b. Now the WACC is
= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common stock) × (cost of common stock)
= (0.3 × 5%) × ( 1 - 40%) + (0.7 × 11.2%)
= 0.9% + 7.84%
= 8.74%
c. Yes the project should be accepted as the internal rate of return is greater than the cost of equity capital