What is business statistics?
Business statistics can be described as the collection, summarization, analysis, and reporting of numerical findings relevant to a business decision or situation.
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After reaching the mature stage, 3M's Scotch tape was extended through new dispensers and the use of colored and waterproof varieties (varied usage). This is an example of:
A) skimming. B) market penetration. C) harvesting. D) market development.
Manufacturers and wholesalers can legally control retail prices by _____
a. limiting sales to intrastate commerce b. owning their own retail facilities and through consignment selling c. refusing to sell to price-cutting retailers d. charging larger buyers lower prices
Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 apply just to corporate "insiders."
Indicate whether the statement is true or false
Spectronix Inc operates in a world of perfect capital markets, has no debt, and has a required rate of return on equity of 10%
An executive manager has suggested that borrowing money to buy back outstanding stock is a good idea because it would replace equity financing with less expensive debt financing, thus increasing the value of the firm. Assume the firm issues new debt with a required return of of 5% to repurchase 30% of the outstanding stock. What is the cost of equity at the conclusion of this transaction? A) 21.67% B) 12.14% C) 16.43% D) 45.00%