A firm's required payout to the bondholders and to the stockholders expressed as a percentage of capital contributed to the firm.averagecost of capital is computed by dividing the total required cost of capital by the total amount of contributed capital. Average life Also referred to as the w...
But the question here isn’t always how many hours or weeks are worked in total. It’s also if an employee is receivingholiday pay. Normally, such holiday payments are included in contracts so employees know if they are entitled to paid time off. In the US, employers are not always requ...
Is it to receive as great a yield as possible, or is it to burden each taxpayer equitably according to his ability to pay? If the former is the aim, then the government must be condemned because a much more successful and complete shakedown of the taxpayer is possible; but if the ...
For this reason, L&C’s presentation of ABCT in its current form can be seen as a step backwards, since it downplays the importance of the main drivers of the business cycle - relative prices and Cantillon effects. The L&C version also doesn’t pay any attention to more mundane phenomena ...