Table 5.15 -Refer to Table 5.15.Looking at the Table Above, Real Average

question 31

Multiple Choice

Table 5.15
-Refer to Table 5.15.Looking at the table above, real average hourly earnings in 2015 were

• A)$9.00.
• B)$14.29.
• C)$15.00.
• D)$16.50.
• E)$19.82.

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Definitions:

WACC

Weighted Average Cost of Capital, representing the average rate of return a company is expected to pay its security holders.

Return on Investment

Return on Investment (ROI) measures the gain or loss generated by an investment relative to the amount of money invested.

Minimised

Reduced to the smallest possible size, amount, degree, or level.

Larger Scheme

A broader or more comprehensive plan or ambition that smaller actions or ideas contribute towards.