The passage of the Piece of legislation helped in: Limitations of government expenditure.
<h3>What is Government Expenditure?</h3>
Government expenditure also known as government spending is the expense of government that covers consumption, their investments including all the transfer and statements.
These expenditure is always captured in the piece of legislations and are always there to guide the government. A number of things must be captured in the legislation and the government expenditure is on of them.
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Answer:
numerous buyers and sellers.
Explanation:
When market participants are price takers, they have no influence over priced. Prices are set by market forces. Goods are also usually homogenous. If sellers attempt to increase their price, they lose their buyers and if they cut price they make losses.
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Answer:
The CEO concluded that the youth market segment was not being served and for that reason he decided to fill that niche in the business by creating a business plan that took it into account.
Explanation:
A market niche is a marketing term used to refer to a portion of a market segment in which individuals possess homogeneous characteristics and needs, and the latter are not entirely covered by the general market offer.
The market niche is based on recognizing in the segmentation a new business opportunity arising from unsatisfied needs and then being economically exploited by a company, but it may also be because there are not enough companies to supply that need. As for a niche market we must understand certain basic things to be able to have a fruitful activity, one of those is that this must be broad enough to derive a business from it and another aspect to consider is that we must know if there is something competition, the latter is not necessarily something negative since we will know that there is already a public and therefore a demand.
Answer:
The correct answer is letter "A": Is based on the current yield to maturity of the firm's outstanding bonds.
Explanation:
The cost of debt is the interest a company pays on its borrowers. It is expressed as a percentage rate. The cost of debt can be calculated as before-tax rate or an after-tax rate. Most of the time, the cost of debt is the before-tax rate of the cost of debt because that is how the company's cost of debt is calculated. <em>That calculation implies considering the average interest paid on all the company's debts, including outstanding bonds.</em>
Answer:
Margin of safety
Explanation:
The difference between at sales at break even point and current sales revenue is known as margin of safety.
Break even analysis requires the examination and computation of margin of safety for a company that is based on the associated costs and amount of revenue collected.
According to the accounting principles, margin of safety is known as the amount of sales or output level falls before the company reaches its break-even point.
