The Frank and Bridge Books is a book reseller that has both a heavy online presence and 30 physical bookstores. Frank and Bridge Books is an example of a click-and-mortar business. Therefore, option C is the correct option.
<h3>What is a business?</h3>
A business is an economic activity that includes the purchasing and selling of manufactured products and services which take place in exchange for currency.
There are many businesses in the world with different purposes and reasons. The owners of the businesses decide upon the vision and work in order to achieve that vision.
Since then, Frank and Bridge Books is a book distributor with 30 physical bookstores in addition to a sizable online presence. A good example of a click-and-mortar company is Frank and Bridge Books. As a result, choice C is the best one.
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How to transport the goods ie by truck, plane or train for example for goods like vegetables and fruits from California to Canada and for services like consulting services it could be if they are available and at what cost.
Answer:
8.76%
Explanation:
Using the CAPM formula:
Ke = Rf + Beta Factor * Risk premium
Here
Rf is 5%,
Beta Factor is 1.6
And
Risk Premium is 6%
By putting values, we have:
Ke = 5% + 1.6 * 6%
Ke = 14.6%
Now we will find new firm's cost of equity under 40% debt by simply multiplying it with the equity percentage:
Weighted Cost of Equity = 14.6% * 60% = 8.76%
