Examlex
Satellite communication (more commonly called s-com) is the process of exchanging electronic messages between individuals over a network-usually the Internet.
Cost of Capital
The rate of return that a company must earn on its project investments to maintain its market value and attract funds.
Dividend Irrelevance Theory
The Dividend Irrelevance Theory posits that a company's dividend policy does not affect its market value or shareholders' wealth in perfect markets.
Basic Earning Power
A measure of a company's operating profitability relative to its assets; calculated as EBIT (Earnings Before Interest and Taxes) divided by total assets.
Business Risk
The exposure a company or investor faces due to uncertainties in the market or failures in executing its operational strategies, affecting its profitability.
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