What does CAPX mean, and why is it a firm's engine of growth?
What will be an ideal response?
CAPX is an acronym that is short for capital expenditures. These are investments that the firm is making in physical plant and equipment that will produce output in the future. Consequently, if the firm wants to grow, it will have to do CAPX, and in this sense, CAPX is the firm's engine of growth.
Business
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What is the benefit for a firm with daily sales of $30,000 to be able to speed up collections by three days, assuming an 8 percent annual opportunity cost of funds?
A) $7,200 annual benefit B) $7,200 daily benefit C) $30,000 annual benefit D) $90,000 annual benefit
Business
Probability sampling is used to select the initial respondents for snowball sampling
Indicate whether the statement is true or false
Business