Tutor profile: Emilie T.
Subject: US Government and Politics
How does the Electoral College work?
Each state has electoral votes is based off two things (number of Senators and the number of representatives in the House of Representatives). California has 55 electoral votes for their 2 senators and 53 members of the House of Representatives. When you vote for the President you vote for a group of electors who then vote for the President. These electors are chosen by the political parties. If a presidential candidate wins a state, they get all the electoral votes. To win, the candidate must get at least 270 votes.
Subject: US History
What did the court case of Marbury vs. Madison teach us?
Marbury vs. Madison established judicial review which states that Supreme Court has the power to declare a law unconstitutional or constitutional. If a law is declared unconstitutional, then it is not in line with the Constitution and therefore cannot exist. The Constitution is the Supreme Law of the land so nothing can be above it (this is stated in Article 6 of the Constitution.)
What does the WACC (weighted average cost of capital) tell us about a company?
The WACC tells us how much it costs a company to finance its operations. It takes into account the two types of financing (debt & equity) and tells us how much these types will cost the company to raise the money for.
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