Illegal immigrants affect the local economies in many ways. An evaluation of the effects reveals that the areas where the illegal immigrants are perceived to have a negative effect on the economies are not true. In fact, the perception of negative effects has been shown to be untrue by research...

The weighted average cost of capital (WACC) is an important measurement for any business. The most important components involve the sources of capital, component costs, flotation cost adjustments, and risk adjustments (Horngren, Harrison Jr., & Oliver, 2011). Most commonly, capital comes from debt and equity. Specifically, capital can be obtained...

Description of “M-Pesa” The majority of the population in East Africa uses mobile payment services called “M-Pesa,” which recently celebrated its tenth anniversary. According to Monks (2017), the M in “Mpesa” stands for mobile while “Pesa” is a Swahili word, which means money. The mobile operator in Kenya, Safaricom, launched...

Sometimes back in 2002, Brazil’s national oil company referred to as Petrobras experienced a period that saw its cost of capital shoot up by 6% more than the average of other companies. When a company operates on a high cost of capital, there are bound to be problems when seeking...

Opportunity cost, the amount of money that is given up in the pursuit of an alternative action, is a cost that does apply to an individual, a business, and a nation. Any time there are choices to be made regarding the finances of an entity, whether that entity is a...