False, forgot the payment or goods exchange part.
Effects of income inequality, researchers have found, include higher rates of health and social problems, and lower rates of social goods, a lower population-wide satisfaction and happiness and even a lower level of economic growth when human capital is neglected for high-end consumption.
Answer:
A. Line of credit
Explanation:
Renita is using a line of credit because her financing option has the following characteristics:
- A maximum amount she can withdraw, in this case $50,000
- She can draw from that maximum amount as she needs, for example, she could have one month $30,000, and the following month $20,000, effectively exhausting her credit in a two-month period.
- She can pay off her debt either at specified periods of time, or in full at any time.
All those characteristics above are specific of a line of credit.
Answer:
$740,366
Explanation:
The computation of the enterprise value is given below:
P/E ratio = Market Capitalization ÷ Earnings
6 = Market Capitalization ÷ $149,680
Market Capitalization is
= 6 × $149,680
= $898,080
Now,
Enterprise Value = Market Capitalization + Market Value of Debt - Cash & Cash Equivalents.
= $898,080 - $157,714
= $740,366