Examlex
Which of the following bases of product differentiation is usually costly to duplicate?
Free Cash Flow
The amount of cash generated by a company after accounting for operating expenses and capital expenditures.
Market Capitalization Rate
The market-consensus estimate of the appropriate discount rate for a firm’s cash flows.
Corporate Tax Rate
The tax imposed on the net income of a corporation, varying by country and sometimes within jurisdictions of countries.
Dividend-payout Ratio
A financial ratio that shows the percentage of a company's earnings that is paid out to shareholders as dividends.
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