Answer:
<u>Ebony Interiors</u>
<u>Balance Sheet as at February 28, 20Y3</u>
Total Assets $1,150,000
Total Liabilities $310,000
Total Equity $840,000
Total Equity and Liabilities $1,150,000
Answer: hope this this helps
The WACC is used as the discount rate to evaluate
The weighted average cost of capital (WACC) is used as the discount rate to evaluate various capital budgeting projects. However, it is important to realize that the WACC is only an appropriate discount rate for a project of average risk—in other words, a project that has the same beta as the company.
Explanation:
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b. It has some type of edge over rivals in attracting customers and coping with competitive forces
Explanation:
A firm can have competitive advantage if it produces at a lower cost than its competitors and thus the firms' goods are priced lower and this attracts customers.
a firm can also have a competitive advantage if the quality of its own good is higher than that of its competitors and this increases patronage for the firms goods.
I was stuck on the same thing in my class test. I ended up failing but if I get the answers to it I’ll totally send them to you!!!