OceanSpray

question 167

Multiple Choice

OceanSpray.com has a website that describes the company's products.The website also includes nutritional information and recipes featuring Ocean Spray products.Since Ocean Spray products are available at nearly all supermarkets,there is no need to include dealer information.Ocean Spray uses a(n) __________ website.

• A) choiceboard
• B) conventional
• C) transactional
• D) promotional
• E) intermediary

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Definitions:

EBIT

Earnings Before Interest and Taxes refers to the profits of a company that are calculated by excluding interest and income tax expenses from its total expenses.

MM Model

This refers to the Modigliani-Miller theorem, a foundational element of corporate finance theory that proposes, under certain conditions, the value of a firm is unaffected by how it is financed.

Corporate Taxes

Taxes imposed on the income or profit of corporations by the government, affecting the company's net income and cash flow.

Miller Model

A theory that incorporates corporate taxes and bankruptcy costs to determine the optimal capital structure for a firm.