Answer:
The correct answer is: grocery stores and other retail and wholesale sales, legal services and entertainment.
Explanation:
A Tertiary Industry includes businesses that offer services to consumers. Those services are wide-ranging and include <em>legal, banking, healthcare, schools, transportation </em>and <em>restaurants</em>. The tertiary industry is split into two main categories: the first features businesses that make money including those in the financial industry; the other comprised of non-profit services such as public education.
Answer:
The correct answer is (A)
Explanation:
Nike and Adidas are considered as substitute goods that means they have positive cross elasticity of demand. When the price of Nike soccer balls fell, Rolando purchased more Nike balls compared to Adidas balls because of the substitution effect. The substitution effect led to this decision. A substitute effect is a change in the purchase decision, due to an increase in the price of one substitute good.
Answer:
EagleCorp is more likely to create value while Myna Bird Inc. is more likely to destroy value.
It is April 2018 and Mark is a novice investor who wants to decide between purchasing shares in EagleCorp or Myna Bird Inc. In the fiscal year 2017, EagleCorp's return on invested capital (ROIC) was 15 percent, and its cost of capital was 12 percent. During the same period, Myna Bird Inc.'s ROIC was 22 percent and its cost of capital was 25 percent. Here EagleCorp is more likely to create value while Myna Bird Inc. is more likely to destroy value.
Answer:
This distribution is not taxable since Raoul is not earning any money at all (dividend income = $0), but the tax basis on the stocks that he holds will vary.
Before the distribution, Raoul had 310 shares, each share with a $60 tax basis. After the distribution, Raoul will have 465 shares, each share with a $40 tax basis.
