Answer;
A
Explanation:
two types of industries are made mention of in this question.
1)Local Fledgling Industries
2)Export Dependent Industries,who are being forced to buy products from local industries now.
Since the Government has placed a ban on the importation of the products that are being made by the local fledgling industries. The implication of this is that:
1. Buyers of those import products will experience a rise in the Cost of those products as the competition faced by the Fledging industries decreases.
2. Competing becomes difficult for Export dependent industries. This is because of inflation. They now have to buy the same product at an inflated cost, thereby reducing profits.
Answer:
a. Mullineaux's WACC = 0.60*12 + 0.05*5 + 0.35*7*(1 - 0.35)
WACC = 7.2 + 0.25 + 0.35*7*0.65
WACC = 7.2 + 0.25 + 1.5925
WACC = 9.0425%
WACC = 9.04%
b. After tax cost of debt = 7*(1 - 0.35)
After tax cost of debt = 7*0.65
After tax cost of debt = 4.55%
So since after tax cost of debt of 4.55% is less than the preferred cost of 5%, company should use debt in its capital structure.
Answer:
The Purpose of Refrigeration. The fundamental reason for having a refrigerator is to keep food cold. Cold temperatures help food stay fresh longer. The basic idea behind refrigeration is to slow down the activity of bacteria (which all food contains) so that it takes longer for the bacteria to spoil the food.
Payday loans typically have the highest interest rate. APEX
Answer:
B. one firm has the exclusive ownership of a scarce resource.
Explanation:
Monopoly can be regarded as market structure whereby a single seller thrives, this is a structure whereby the seller sells a unique product in the market. As far as monopoly market is concerned, no competition is been encontered by the manufacturer , because he is the only one selling goods with no close substitute. As a result of this there is restrictions of the entry of other sellers in the market.
It should be noted that monopoly may exist because one firm has the exclusive ownership of a scarce resource.
