Answer:
Companies must be prepared at all times to add to or adapt their product lines to satisfy the desires of customers for them to remain competitive.
Explanation:
One of the strategies companies to remain competitive is to adjust to the demand of customers. This will allow a company to retain current customers and win potential new customers.
Although this strategy may require additional fund but failure to adapt and add new product lines that satisfy wants of the customers can the company out of business.
Therefore, companies must be prepared to add to or adapt their product lines to satisfy customers' desires in order to remain competitive.
Answer: The Clean Water Act (CWA) of 1972 did all of the following except
<u>take over the EPA's authority to impose pollution control programs.</u>
Answer:
10.48%
Explanation:
Real interest rate = (1 + nominal interest rate) / (1 + inflation rate) - 1
1.16/1.05 - 1 = 10.48
Nominal interest rate is real interest rate plus inflation rate
Real interest rate is interest rate that has been adjusted for inflation
Answer:
Processing departments
Explanation:
All the cost of material and labor are directly charged to the processing departments which later on transfer from department to department and eventually become the part of finished goods. Material costs are assigned to work in process of the first processing department all the costs associated with this department are added and then it transferred to the next departments for further cost allocation.
Answer: True
Explanation:
The Weighted Average Cost of Capital (WACC) calculates the cost of capital to a company for the means of capital it uses to finance operations. It is based on the cost and the weight of the various capital types.
Formula is;
<em>= Cost of Equity * %Equity + Cost of debt * %Debt * ( 1 - Tax rate) + Cost of Preferred Stock * %Preferred stock</em>
The required rate of return on preferred stock is the same as the Cost of Preferred Stock. From the formula it is shown that if this rate increases, holding all else equal, total WACC will increase.