Tragic flaw is a literary device that can be defined as a trait in a character leading to his downfall, and the character is often the hero of the literary piece. This trait could be the lack of self-knowledge, lack of judgment, and often it is hubris (pride).
Answer: C. AA-rated short-term bonds
Explanation:
It was stated that the client has a low risk tolerance. Therefore, to reduce the credit risk, investment grade bonds are appropriate (BBB or higher). To reduce the interest rate risk, short-term maturities will be preferable to long-term maturities. Both of these factors will result in a safer bond investment.
Answer:
50% share.
Explanation:
Given:
There are only three firms in a market.
The largest firm has sales of $500 million.
The second-largest has sales of $300 million.
The smallest has sales of $200 million.
Question asked:
The market share of the largest firm is ?
Solution:
As we know:
![Market\ share=\frac{Total\ sales\ of\ the\ firm}{Total\ sales\ of\ the \ market} \times100](https://tex.z-dn.net/?f=Market%5C%20share%3D%5Cfrac%7BTotal%5C%20sales%5C%20of%5C%20the%5C%20firm%7D%7BTotal%5C%20sales%5C%20of%5C%20the%20%5C%20market%7D%20%5Ctimes100)
Total sales of the largest company = $500 million.
Total sales of the market = Sales of largest firm + Sales of second largest firm+ Sales of smallest firm
Total sales of the market = $500 million + $300 million + $200 million
= $1000 million
![Market\ share=\frac{Total\ sales\ of\ the\ firm}{Total\ sales\ of\ the \ market} \times100](https://tex.z-dn.net/?f=Market%5C%20share%3D%5Cfrac%7BTotal%5C%20sales%5C%20of%5C%20the%5C%20firm%7D%7BTotal%5C%20sales%5C%20of%5C%20the%20%5C%20market%7D%20%5Ctimes100)
![=\frac{500}{1000} \times100\\ \\ =\frac{50000}{1000} \\ \\ =50\%](https://tex.z-dn.net/?f=%3D%5Cfrac%7B500%7D%7B1000%7D%20%5Ctimes100%5C%5C%20%5C%5C%20%3D%5Cfrac%7B50000%7D%7B1000%7D%20%5C%5C%20%5C%5C%20%3D50%5C%25)
Therefore, the market share of the largest firm is 50%.
The main thing which superior performance allows a firm to do is:
- reinvest some of its profits in gaining more resources and thus grow.
<h3>What is Business Strategy?</h3>
This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.
With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.
Read more about business strategies here:
brainly.com/question/25686320
Answer:
1. True. The tax rates are higher, the greater one's income
Explanation:
1. True. Progressive tax is defined as a tax whose rate increases as the payer's disposable income increases. The implication is that ,individuals who earn high incomes have a greater proportion of their incomes taken to pay tax.
A perfect example of progressive tax is income tax whose rate is tied directly to personal income income.
2. False. The rate increases as the disposable income of the tax payer increases under progressive tax
3.False. Entrepreneurial income will be taxed after adjusting for allowobale and non-allowable income and expenses and relevant loss relief.
4. False. The revenue realised from progressive taxes are utilized by the government as stipulated in the budget.