A Text File in Which Data Fields Are Separated by Commas

question 10

Short Answer

A text file in which data fields are separated by commas is called a(n)____________________ text file.

Understand the importance and limitations of financial planning models.

Define and distinguish between internal growth rate and sustainable growth rate.

Comprehend the role of dividends, debt-equity ratio, and payout ratio in financial planning.

Recognize the importance of the percentage of sales approach and its requirements.

---

Definitions:

Law of Diminishing Returns

The principle that as investment in a single factor of production increases, holding all others constant, the incremental gains in output will eventually decrease.

Law of Diminishing Marginal Utility

states that as a person consumes more of a good or service, the utility (satisfaction) gained from each additional unit decreases.

Principal-agent Problem

A dilemma occurring when one person or entity (the agent), is able to make decisions on behalf of, or that impact, another person or entity: the principal.

Complementary Resource

A good or service that enhances the use or value of another good or service when the two are used together.