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Liono4ka [1.6K]
3 years ago
7

Paul is an analyst at an investment bank. He notices that many of the senior executives at his office go on European cruises, so

he decides to save up and go on a European cruise so that he will appear to be more like those executives. Paul's comparison of his own trip choices with those of others to determine his relative social standing is an example of ________.
Business
1 answer:
iren2701 [21]3 years ago
4 0

Answer: The correct answer is "status consumption".

Explanation: Paul's comparison of his own trip choices with those of others to determine his relative social standing is an example of <u>status consumption.</u>

Each exchange made in the market is preceded by a predetermined behavior on the part of the consumer influenced by aspects such as the status consumption that is the need to consume to demonstrate a certain social level.

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Bermuda Cruises issues only common stock and coupon bonds. The firm has a debt–equity ratio of .75. The cost of equity is 11.6 p
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Answer:

the capital structure weight of the firm's equity will be 57.14 %.

Explanation:

Weighted Average Cost of Capital is the return that is required by the providers of long term sources of finance.

A debt–equity ratio of 0.75 means:

Debt : Equity = 0.75 : 1

The Total Ratio will be = 0.75 + 1.00

                                     = 1.75

Therefore, the  capital structure weight of the firm's equity will be :

Equity Weight = Equity Ratio ÷ Total Ratio

                       = 1.00 ÷ 1.75

                       = 0.5714 or 57.14 %

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3 years ago
Ramos is an aggressive investor and likes to win at everything. He knows that it is impossible to win or beat the averages all o
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The correct answer would be index mutual fund
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3 years ago
an organization that wishes to improve employee involvement, efficiency, and customer satisfaction might conduct select that ass
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What is a workflow analysis composed of?

Picture illustrating Workflow Analysis

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Some poople argue that the only beneficiary of the entrepreneurial wealth is the entreprenceur him/herselt Do you agree? Why or
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I do not agree that “the only beneficiary of the entrepreneurial wealth is the entrepreneur him/herself.”

The entrepreneur may be the chief beneficiary when she is alive to reap the rewards of their entrepreneurial efforts. But, she is certainly not the only beneficiary of the entrepreneurial wealth that she creates. Nobody works in isolation. When the entrepreneur commences her business, society as a whole benefits because any individual wealth created increases the wealth of the nation and the world. She only gets the profit share of the created wealth. Customers who patronize her services and goods also derive satisfaction of needs (utility or value). The entrepreneur's wealth is also shared to the government in form of taxes. Suppliers of primary goods and services also share in the wealth of the entrepreneur. And employees of the entrepreneur also take a large share of the created wealth.

But, who is an entrepreneur? She is somebody who assumes some entrepreneurial (first-time) risks in order to set up a business for the manufacture or provision of goods and services for the purpose of profit. Her business may not be profitable in the short-run. She can even lose tons of money initially until the profit stage sets in. As she preserves, the profits will start rolling in, provided she had done her homework well.

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15. If the Consumer Price Index (CPI) increases, the purchasing power of the dollar
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