One of the Key Benefits of the App Developed by NASCAR

question 34

Multiple Choice

One of the key benefits of the App developed by NASCAR is the cumulative value of the collected data that includes information on the pre-race inspections of all vehicles is collected and stored in real time. What can NASCAR executives identify with this data?

• A)Trends and patterns to help maintain a level playing field for all racers
• B)Information that can lead to a better tax strategy
• C)Identification of customer profiles
• D)Marketing information for better pricing strategy
• E)Financial information for cost analysis

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Definitions:

Weighted Average Cost

The total cost of goods available for sale divided by the number of goods available for sale, giving each item a weight proportional to its cost.

Cost of Equity

The return a firm theoretically pays to its equity investors, i.e., shareholders, to compensate them for the risk of investing in the company.

Pre-tax Cost

The cost of an investment or expense before the application of taxes, representing the gross expense.

Market Price

The rate at present for the purchase or sale of a service or asset.