Answer:
<em>Social media addiction is a behavioral addiction that is characterized as being overly concerned about social media, driven by an uncontrollable urge to log on to or use social media, and devoting so much time and effort to social media that it impairs other important life areas.</em>
Umpqua defines other financial institutions that perform banking services as their competitors, therefore they take <u>advantage</u> of their competition.
Competition basically refers to a situation in a market when businesses or sellers compete with one another for customers' business in order to accomplish a certain business goal, like maximizing earnings, sales, or market share. In this context, rivalry is frequently used to describe competitiveness. It is also described as a situation in which several economic enterprises compete to acquire products that are restricted by diverse market factors.
In addition to other financial service providers like trust companies, life insurance companies, finance companies, federal and provincial credit unions and caisses populaires, federal and provincial financial agencies, and financial technology companies, the majority of banks also compete with one another.
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On december 31, 2020, merlin company had outstanding 400,000 shares of common stock and 40,000 shares of 8% cumulative preferred stock (par $10). on february 28, 2021, the preferred stock was convertible into 30,000 shares of common stock. merlin issued an additional 36,000 shares of common stock. a 10% stock dividend was declared and distributed on july 1, 2021. on september 1, 2021, 9,000 shares were retired. at year-end, there were fully vested incentive stock options outstanding for 30,000 shares of common stock (adjusted for the stock dividend). the exercise price was $18. the market price of the common stock averaged $20 during the year. also outstanding were $1,000,000 face amount of 10% convertible bonds issued in 2018 and convertible into 50,000 common shares (adjusted for the stock dividend). net income was $900,000. the tax rate for the year was 25%.
Our English teacher helps us
The answer is A because it is referencing the lord of the flies
