One Direct Way to Lower Annual Operating Costs Is to Locate

question 92

Multiple Choice

One direct way to lower annual operating costs is to locate in a state where ________.

• A)there is an attractive business climate
• B)the labor market is highly competitive
• C)taxes and regulatory costs are lowest
• D)the key markets are relatively accessible

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Definitions:

Rate Of Return

The upturn or downturn in investment value over a pre-defined period, cast as a percentage of the cost at investment inception.

Years

A measure of time consisting of 365 days, or 366 in a leap year, used to calculate duration in various financial and scientific contexts.

Compounded Monthly

A method of calculating interest in which the accrued interest is added to the principal sum at the end of each month, thus interest in the next month is earned on the new sum.

Loan Payments

Regular payments made towards paying off the principal and interest on a loan.