Industries that can be randomly located are characterized by
Relatively low transport cost for both raw materials and output and factor mobility
Relatively heavy transport cost for raw material or output
Constant returns to scale
Signficant economy of scale
Correct answer is A
No explanation has been provided for this answer.
A company is said to be highly geared if the
Value of fixed interest loans is high compared with share capital
Value of shared capital is high compared with fixed interest loans
Dividend rate is high
Interest rate is high
Correct answer is A
No explanation has been provided for this answer.
Sole properitorship
Partnership
Joint stock company
Co-operative society
Correct answer is C
No explanation has been provided for this answer.
The type of business finance that entitle the holder to a fixed rate of dividend is
Perferred stock
Common stock
Debenture stock
Bank loan
Correct answer is A
No explanation has been provided for this answer.
The co-operative as a form of business organization differs from partnership by having
Several sources of capital for business financing
Ability to issue preferred stocks to members
Entrenched democratic control in the conduct of business
Established rules and regulations governing the activities of its members
Correct answer is C
No explanation has been provided for this answer.