Technological Changes and the Increased Use of Wi-Fi Has Enabled

question 135

Multiple Choice

Technological changes and the increased use of wi-fi has enabled companies such as Netflix to create a large consumer following and changed consumer's viewing habits.Netflix has emerged as an entertainment company offering original content that's not available on cable or satellite networks.Netflix is a _____ competitor to cable and satellite companies.

• A)​direct
• B)​indirect
• C)​insignificant
• D)​substitute

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Definitions:

Total Assets

The sum of all assets owned by a company, reflecting its overall resources, including both current and non-current assets.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Equity Multiplier

A financial ratio that measures the portion of a company's assets that are financed by shareholder's equity, providing insights into leverage.

Profit Margin

A financial performance ratio, calculated by dividing net income by sales revenue, indicating how much profit a company keeps from its sales.