Warren Buffett, the famed stock market investor, recommends
a. buying only when you can calculate a margin of safety based on current assets and earnings
b. only buying stock in companies that make products you understand
c. fast action and acting on intuition to avoid “paralysis by analysis”
d. both “a” and “b”
d. both “a” and “b”
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Using the above information, calculate Zonk's weighted-average cost of capital:
a. 11.5% b. 7.97% c. 7.48% d. 10.90%
Microcultures are groups of consumers who identify with a specific activity or art form
Indicate whether the statement is true or false
________ are the sum of the ________ and ________ for any given level of production
A) Fixed costs; variable costs; marginal costs B) Fixed costs; break-even costs; variable costs C) Variable costs; fixed costs; marginal costs D) Total costs; fixed costs; variable costs E) Break-even costs; fixed costs; total costs
Labor hours, utility costs, or training costs are considered direct costs.
Answer the following statement true (T) or false (F)