Answer:
0.36
Explanation:
Cost of equity of 16.8%,
Pretax cost of debt of 8.1%
Return on assets of 14.5%
As per NN proposition: Cost of equity = Return on asset + D/E ratio (Return on asset-Cost of debt)
0.168 = 0.145 + D/E (0.145 - 0.082)
0.168 - 0.145 = D/E (0.064)
0.023 = D/E (0.064)
D/E = 0.023/0.064
D/E = 0.359375
D/E = 0.36
Thus, the debt-equity ratio is 0.36
Answer:
D) foreign; domestic
Explanation:
The central Bank can improve the domestic currency by using the reserves. If the domestic currency undervalued the central bank may intervene to sell the Foreign currency and purchase the domestic currency, which will increase the demand of domestic currency and increase the supply of foreign currency in the market which will improve the value of domestic currency and undervalue the foreign currency.
Explanation:
Training is an activity leading to skilled behavior, the process of teaching employees the basic skills they need to perform their jobs. ... So, Training is a social and continuous process of increasing skills, knowledge, attitudes and efficiency of employees for getting better performance in the organization.
In free-market system <span>the business is privately owned and operated, which means that it is not owned or controlled by the government.</span>
The free-market system require government regulation, because the producers are driven by the profit motive to work against competition. Government regulation will enable and ensure fair competition and protect consumers.
Answer:
Of the various business-level strategic alliances, <u>VERTICAL COMPLEMENTARY</u> alliances have the most probability of creating sustainable competitive advantage, and <u>COMPETITION REDUCING</u> have the lowest.
Explanation:
A vertical complementary alliance takes place between a manufacturer and a supplier that come together. This usually happens through a requirements contract where the supplier agrees to only sell its materials, components and parts to the manufacturer and the manufacturer agrees to only purchase the components, materials and parts needed from that specific supplier.
On the other hand, competition reducing alliances are generally horizontal alliances where companies agree to work together in order to reduce uncertainty, instead of focusing on gaining market share.
