Answer:
10.02%
Explanation:
The computation of the WACC is shown below. The formula of WACC is shown below:
= (Weightage of debt × cost of debt) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)
= 27% × 7.6% × (1 - 0.40) + 9% × 5.9% + 64% × 12.9%
= 2.052% × (1 - 0.40) + 0.531% + 8.256%
= 10.02%
Callaway golf company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions regarding buying custom clubs. this is an example of a(n) "cross-sectional study".
<h3>What is cross-sectional study?</h3>
A cross-sectional study examines data from a group of people at one point in time. Participants throughout this type of research are chosen based on certain variables of interest.
Some key features of cross-sectional study are-
- Cross-sectional studies are common in psychology, but they are also employed in many other fields, such as social science and innovation.
- Cross-sectional studies is observational in nature but are classified as descriptive research rather than causal or relational research, which means they cannot be used to pinpoint the source about something, such as a sickness.
- Researchers collect information from a population, yet they do not change variables.
- This strategy is frequently used to draw conclusions about potential links or to collect early data to enable additional research and experimentation.
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It gives the child more protection so like say we didn't have seat belts then you got into a car accident then you would fly forward and if you had a seatbelt it wouldn't make you fly forward
The economic principle of substitution says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.
<h3>The economic principle of substitution</h3>
- According to the principle of substitution, the cost of purchasing a substitute that is just as desired tends to establish the upper limit of value, assuming no inopportune delays.
- A shrewd investor would not spend more on an asset that generates income than it would cost to construct or buy an asset of a similar nature.
- According to this theory, the cost of acquiring a comparable substitute property with the same use, design, and revenue determine the maximum value of a property in most cases.
- For instance, why would somebody pay $1,000,000 for a home when they could pay $750,000 for a different but as appealing home in the same neighborhood?
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They can do what they want they are millionaire athletes that have a fanbase not saying its right by any means.
