Which type of managers of a business must answer to a board of directors regarding the company's fiscal performance

It is impossible to determine who is likely to pay the lowest finance charge based solely on the information provided. The finance charge will depend on various factors, such as the interest rate, the loan terms, and the borrower's credit score.

Additionally, the finance charge for a car loan may be different from a personal loan for a vacation. Therefore, more information is needed to provide a definitive answer. Who is likely to pay the lowest finance charge between Scott and Eric, given that both have a good credit history, work at the same company, make approximately the same salary, and have borrowed $6000. Scott borrowed the money for a foreign vacation, while Eric borrowed it to buy a car.

In general, auto loans tend to have lower interest rates compared to personal loans, which are typically used for vacations. This is because auto loans are secured loans, meaning the car serves as collateral, whereas personal loans are unsecured and pose a higher risk to lenders.  Based on this information, it is likely that Eric, who borrowed $6000 to buy a car, will pay the lowest finance charge compared to Scott, who borrowed the same amount for a foreign vacation.

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The largest group of liabilities for banks by far is generally a) demand and long-term deposits.

These deposits represent the funds that customers have entrusted to the bank, often in the form of checking or savings accounts. Banks use these deposits to make loans and investments, which generate income for the bank. While trading and borrowing can also be significant sources of liabilities for banks, they typically represent a smaller portion of a bank's total liabilities compared to deposits.

Option a) is the correct answer.

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The original mortgage amount was approximately $175,409.49.

To determine the original mortgage amount, we will use the mortgage payment formula:

M = P * (r * (1 + r)^n) / ((1 + r)^n - 1)

Where M is the monthly mortgage payment, P is the original mortgage amount, r is the monthly interest rate (annual rate divided by 12), and n is the total number of payments (loan term in years multiplied by 12).

You provided the following information:
- Monthly mortgage payment (M) = $1,264
- Loan term = 30 years
- Annual interest rate = 7.5%

Let's break down the steps to find the original mortgage amount (P).

Step 1: Convert the annual interest rate to a monthly interest rate.
r = (7.5% / 100) / 12 = 0.075 / 12 = 0.00625

Step 2: Calculate the total number of payments.
n = 30 years * 12 payments/year = 360 payments

Step 3: Calculate (1 + r)^n.
(1 + 0.00625)^360 ≈ 7.7449

Step 4: Plug the values into the mortgage payment formula and solve for P.
$1,264 = P * (0.00625 * 7.7449) / (7.7449 - 1)
$1,264 = P * (0.048392) / (6.7449)

Now, we solve for P:
P ≈ $1,264 * (6.7449) / 0.048392 ≈ $175,409.49

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Based on the given information, the breakeven price of this call option can be calculated by adding the option premium to the striking price. In this case, the striking price is $0.95/CHF and the option premium is $0.02/CHF. Breakeven price = Striking price + Option premium Breakeven price = $0.95/CHF + $0.02/CHF Breakeven price = $0.97/CHF, So, the breakeven price of this call option is $0.97/CHF.

The price at which sales precisely cover all related expenses is known as the break-even point for a good or service. This indicates that at the break-even pricing, a business is neither making a profit nor suffering a loss. By taking into account both fixed costs (like rent and equipment) and variable costs (like labor and raw materials) incurred during the creation and sale of the good or service, the break-even price is calculated.

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Dubon Consultants is an example of a service company. A service company provides services rather than physical goods.

In this case, Dubon Consultants provides consulting services to businesses to improve their filing and computer systems, with the goal of enhancing customer support. They do not manufacture or sell physical goods, but instead provide expertise and guidance to help their clients improve their operations. Dubon Consultants is an example of a D. service company. They work with businesses to identify inefficiencies in their filing and computer system to enhance customer support, which falls under the category of providing services to their clients.

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William is out of the labor force because he is able to work but is not actively looking for work.

Out of the four individuals mentioned, William is the one who is out of the labor force. This is because he is without a job, able to work, but not actively looking for work. The other individuals (Ashley, Joshua, and Sandra) are considered part of the labor force as they are either working or actively seeking employment.

Labor force refers to the group of people who are either employed or not employed who are in search of work. They are important part of the country and play a major role in increasing the economic growth of the country.

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1. Small enterprises that have a strictly cash-based operation sometimes just use the check Register to record all transactions. 2. One way to use QuickBooks Online to record money coming in to a company is sales receipt. 3.  All of the choices are correct (Cash received from loans, Other income, and Interest earned) should be recorded using the Bank Deposit form

Small businesses that run entirely on cash may keep track of all transactions, including cash and check payments, in a check register. Businesses can monitor their cash inputs and outflows by using a check register, a document or ledger. Popular accounting program QuickBooks Online can be used to track and manage a business's financial activities. A sales receipt is one way to utilize QuickBooks Online to record money coming into a business. Regardless of the source of the cash, any deposit made to a company's bank account must be documented using the Bank Deposit form. This covers any other sort of deposit as well as funds received through loans (option A), other income (option B), and interest earned (option C). Businesses may precisely record and track their deposits using the bank deposit form, which is crucial for maintaining accurate financial records and controlling cash flow.

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The primary differences between equilibrium in the Stackelberg model and the Cournot model in an oligopolistic market are related to the leadership dynamics and strategic interactions of the firms.

In the Stackelberg model, there is a dominant firm (the leader) that sets its output level first, followed by the other firms (the followers) adjusting their output levels based on the leader's decision. The leader takes into account the reaction of the followers when setting its output. This sequential decision-making process results in a higher market share and profit for the leader, while the followers are left to maximize their profit given the leader's decision.

In the Cournot model, firms simultaneously choose their output levels without any hierarchy or leadership. They make decisions based on the assumption that their competitors' output levels remain constant. This model results in an equilibrium where each firm's output is determined by the best response to the other firms' output choices, leading to a Nash equilibrium.

In summary, the key differences between the Stackelberg and Cournot models in an oligopolistic market lie in the leadership dynamics and decision-making process. The Stackelberg model involves a dominant leader followed by follower firms, while the Cournot model has firms making simultaneous decisions without leadership.

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The right response is C. barriers to entry into the market. Businesses operating in monopolistic markets or monopolies must contend with a downward-sloping demand curve.

A market with perfect competition is one with many enterprises and no dominant player. No market is entirely monopolistic or completely competitive in the actual world.

Perfect competition is characterised by three key factors: (1) the absence of any significant market dominance; (2) standardisation of industry output; and (3) freedom of entry and exit. If there is perfect competition, the efficient market equilibrium occurs when marginal revenue and marginal cost are equal.

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The correct answer is "net operating income." EBIT stands for "earnings before interest and taxes," which is another term for net operating income.

EBIT is an acronym for Earnings Before Interest and Taxes. It is a measure of a company's profitability that looks at operating earnings before the deductions of interest expenses and taxes. EBIT is often used by analysts and investors as a way to evaluate a company's operating performance without the impact of financing and tax decisions. It can also be helpful in comparing the profitability of different companies within the same industry.

EBIT is not the same as net operating income, which is a measure of a company's operating income after all operating expenses, including taxes and interest, have been deducted. Residual income, on the other hand, is the amount of income that remains after all expenses have been paid, including financing and capital costs. Operating assets are the assets that a company uses in its core business operations.

Overall, EBIT is an important financial metric that can provide valuable insight into a company's financial health and performance, particularly when used in conjunction with other measures of profitability and financial analysis tools.

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The property of "more is better" indicates that the consumer views the products under consideration as goods. Option b is answer.

This means that the consumer values the product positively and desires more of it, given that other factors like price and availability remain constant. This is the basic assumption of consumer behavior in economics, which states that consumers are rational and strive to maximize their utility by choosing the best combination of goods that meet their preferences and budget constraints.

Option b is answer.

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When there is more than one sign change in the net cash flow, there may be more than one real-number investment root to the ROR equation, resulting in multiple. This statement is False.

A different name for it is the internal rate of return.The internal rate of return, i, is calculated using the real-number root that is obtained by solving the ROR equation using the net cash flow from the investment.The IRR is the interest rate at which all cash flows (inflows and outflows) have a present worth (PW) of zero. Simple cash flows, sometimes referred to as conventional cash flows, are cash flows where the algebraic signs do not change more than once. Cash flows that have multiple algebraic sign changes are considered non-conventional cash flows. When the net cash flow exhibits several sign changes.

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If a company has plenty of capacity, it should accept a special order at a discounted sales price if the sales price exceeds the variable costs.

What is variable cost?

Variable costs are expenses that change in proportion to the level of activity or output of a business. In other words, as the volume of production or sales increases, variable costs also increase, and as the volume decreases, variable costs decrease as well. Examples of variable costs include direct materials, direct labor, and sales commissions.

If a company has plenty of capacity, accepting a special order can be a good decision as long as the incremental revenue from the order exceeds the incremental cost of producing and delivering the order. Therefore, the company should accept the special order if the sales price exceeds the variable costs, as this is the minimum incremental cost that the company would incur to produce and deliver the additional units.

Gross profit and fixed costs are not relevant for this decision since they do not consider the incremental costs of the special order. Contribution margin, on the other hand, is relevant but only if it exceeds the variable costs. Therefore, the correct answer is A. variable costs.

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Complete question is: If a company has plenty of capacity, it should accept a special order at a discounted sales price if the sales price exceeds the variable costs.

The best performance appraisal system for an organization pursuing a differentiation strategy would be a merit-based system with free distribution.  Option d is answer.

This is because in a differentiation strategy, the organization seeks to distinguish itself from competitors by providing unique and high-quality products or services. Therefore, it is important to identify and reward top performers who contribute to this differentiation. A merit-based system allows for individual performance to be evaluated and rewarded accordingly, while free distribution ensures that there are no limitations on the number of high performers who can receive recognition and rewards.

A parity-based system, on the other hand, may not effectively differentiate top performers and could discourage high performers from continuing to strive for excellence. A forced distribution system, whether parity-based or merit-based, may also limit the number of employees who can be recognized as high performers, which could hinder the organization's differentiation efforts.

Thus, option d is answer.

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Yes, It is critical that your staff buy into the strategy the team will use in selling the company's services.

Yes, It is critical that your staff buy into the strategy the team will use in selling the company's services because:

Alignment with goals: When staff understand and support the strategy, they are more likely to work towards achieving the company's objectives.
Increased motivation:

Staff will feel more motivated and engaged when they see the value in the company's services and the strategy being used to sell them.
Effective communication: Staff who are on board with the strategy can better communicate its benefits to potential clients, improving sales success.
Enhanced teamwork: When all team members are committed to the same strategy, collaboration and teamwork will be more effective.
Adaptability: Staff who are familiar with and support the strategy will be better equipped to adapt to any changes or challenges that may arise.

To achieve staff buy-in, it's essential to communicate the strategy clearly, provide training and support, and involve team members in the decision-making process where appropriate. This will help ensure your company's services are successfully marketed and sold.

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The payback period for Investment X is 3 years and the payback period for Investment Y is 2 years.

What is payback period ?

Payback period is a financial metric used to measure the length of time it takes for an investment to generate enough cash flows to recover its initial cost. It is calculated by dividing the initial investment by the expected annual cash inflows.

To calculate the payback period for each investment, we need to determine how long it will take for the initial investment to be recovered by the cash inflows.

For Investment X:

Year 1 cash flow = $20,000

Year 2 cash flow = $10,000

Year 3 cash flow = $15,000

Year 4 cash flow = $40,000

Year 5 cash flow = $25,000

Cumulative cash flow after Year 1 = $20,000

Cumulative cash flow after Year 2 = $30,000

Cumulative cash flow after Year 3 = $45,000

Cumulative cash flow after Year 4 = $85,000

Cumulative cash flow after Year 5 = $110,000

Since the initial investment of $65,000 is recovered in Year 3, the payback period for Investment X is 3 years.

For Investment Y:

Year 1 cash flow = $25,000

Year 2 cash flow = $20,000

Year 3 cash flow = $25,000

Cumulative cash flow after Year 1 = $25,000

Cumulative cash flow after Year 2 = $45,000

Cumulative cash flow after Year 3 = $70,000

Since the initial investment of $65,000 is recovered in Year 2, the payback period for Investment Y is 2 years.

Therefore, the payback period for Investment X is 3 years and the payback period for Investment Y is 2 years.

The payback period indicates how long it will take for the investment to pay for itself and become profitable. A shorter payback period is generally preferred, as it means the investment is generating positive cash flows sooner and is less risky. However, payback period does not take into account the time value of money or the cash flows that occur after the payback period, which may result in a less accurate assessment of the investment's profitability.

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For the year ending December 31, 2020, Edwards and Everett, Inc. reported earnings per share of $6.04.

To calculate the earnings per share (EPS) for Edwards and Everett, Inc. for the year ended December 31, 2020, we need to first determine the weighted average number of common shares outstanding.

Common stock outstanding on January 2, 2019 (issued) = $1,200,000 / $10 = 120,000 shares
Common stock options exercisable = 22,000 shares
Treasury stock acquired on November 30, 2019 = (20,000) shares (negative because it is a reduction in outstanding shares)

Weighted average number of common shares outstanding = (120,000 + 22,000 - 20,000) / 2 = 61,000 shares

Next, we need to calculate the net income available to common shareholders. Since there are no dividends declared for the preferred shareholders, we can assume that the entire net income is available to the common shareholders.

Net income available to common shareholders = $783,000

Finally, we can calculate the earnings per share:

EPS = Net income available to common shareholders / Weighted average number of common shares outstanding
EPS = $783,000 / 61,000 shares
EPS = $12.84 per share

Therefore, Edwards and Everett, Inc. reported earnings per share of $12.84 for the year ended December 31, 2020.
To calculate the earnings per share (EPS) for Edwards and Everett, Inc. for the year ended December 31, 2020, we need to calculate.

1. Calculate the weighted average number of common shares outstanding.
2. Calculate the diluted shares due to stock options and warrants.
3. Calculate the net income available for common stockholders.
4. Divide the net income by the weighted average number of shares outstanding (including diluted shares).

1: Calculate the weighted average number of common shares outstanding.
Common stock: $1,200,000 / $10 (stated value) = 120,000 shares

2: Calculate the diluted shares due to stock options and warrants.
Stock options: 22,000 shares (exercise) - 13,400 shares (buyback) = 8,600 shares
Stock warrants: 1,300 shares (conversion) - 300 shares (buyback) = 1,000 shares
Total diluted shares: 8,600 (options) + 1,000 (warrants) = 9,600 shares

3: Calculate the net income available for common stockholders.
Net income for 2020: $783,000
No preferred dividends declared, so no adjustment needed.

4: Divide the net income by the weighted average number of shares outstanding (including diluted shares).
Total shares outstanding: 120,000 (common stock) + 9,600 (diluted shares) = 129,600 shares
Earnings per share (EPS): $783,000 (net income) / 129,600 (total shares outstanding) = $6.04 per share

Answer: Edwards and Everett, Inc. reported earnings per share of $6.04 for the year ended December 31, 2020.

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The given statement "research evidence shows that targets of hostile bids have higher debt and inside ownership and lower liquidity and debt capacity." is true becaue research evidence shows that targets of hostile bids tend to have higher debt levels and inside ownership,

It means that managers and insiders hold a greater percentage of the company's stock. This can make the company less attractive to potential bidders as insiders may be less willing to sell their shares. Additionally, targets of hostile bids tend to have lower liquidity, which means that their shares may be harder to buy and sell quickly. Finally, targets of hostile bids tend to have lower debt capacity, which means that they may have difficulty raising funds to defend against the bid.

"

Complete question

Research evidence shows that targets of hostile bids have higher debt and inside ownership and lower liquidity and debt capacity.

True

False

"

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Mary's taxable income for 2019 can be calculated as follows below steps: Therefore, Mary's casualty loss deduction for 2019 is $2,890.

Here Total income = Salary + Personal use casualty gain = $30,000 + $10,000 = $40,000

Adjusted gross income (AGI) = Total income - Personal use casualty loss = $40,000 - ($4,000 + $100) = $35,900

Itemized deductions = Business Casualty Loss + Other itemized deductions = $17,000 + $21,000 = $38,000

Since Mary is filing as head of household, her standard deduction for 2019 is $18,350.

Taxable income = AGI - Itemized deductions - Standard deduction = $35,900 - $38,000 - $18,350 = -$20,450

Mary's taxable income is negative, which means that she has a tax loss for the year. However, since tax losses cannot be used to offset non-business income, Mary's taxable income is considered to be zero for the year.

Mary's casualty loss deduction can be calculated as follows:

Casualty loss deduction = Personal use casualty loss - 10% AGI = ($4,000 - $100) - (10% x $35,900) = $2,890

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There is a choice to buy a car worth $28,000 with depreciation 100% financing at 4.99% APR for 60 month or lease at $450 per month. The correct answer is b) Calculate the Ownership Operating Advantage in year 4.

The car will be worth $7340 after six years.

The formula A = P(1- r/100)n can be used to compute the depreciation, where A is the amount, P is the principal, r is the rate of depreciation, and n is the duration.

The answer to the question states that the car's worth (P) is $28,000.

Depreciation rate (r) is 20% per year for a duration (t) of six years.

the values in the depreciation formula are substituted, and we obtain,

Amount is equal to 28000*

(1 - 20/100)°,

28000*(80/100)°,

28000*(0.80)°,

28000*0.26214,

which equals 7339.92 7340.

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In order for Sue to create a context in which Candace will support Bow Wow's strategic objectives, she can take several approaches.

One approach is to work with Candace to develop measures of how frequently she gives her employees feedback and the response to that feedback. This will help Candace to be more effective in her role as a leader and to understand the impact that her actions have on employee morale and performance.

Another approach is to respectfully coach Candace on the impact her impatience has on employee morale and performance. By doing so, Sue can help Candace to be more mindful of her behavior and to make positive changes that will benefit the organization.

Additionally, whenever Sue sees Candace being impatient with a staff member because she is busy and stressed out, Sue can sympathize with Candace to try to help her feel better. This will help Candace to feel supported and valued, which can increase her motivation to support Bow Wow's strategic objectives.

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,John would be willing to pay up to $160 to avoid the risk of income loss resulting from becoming sick.

John's expected income is the weighted average of his income in each state:

(0.4 x 2,500) + (0.6 x 4,900) = 3,540

Therefore, John's expected income is $3,540 per month.

b. To calculate John's expected utility of income, we first need to calculate the utility of income in each state using his utility function:

U(2,500) = 2,500

U(4,900) = 1,900

Next, we can calculate the expected utility of income by taking the weighted average of the utility in each state:

(0.4 x 2,500) + (0.6 x 1,900) = 2,260

Therefroe, John's expected utility of income is 2,260.

c. To compare the utility of John's expected income and the expected utility of his income, we can calculate the utility of his expected income:

U(3,540) = 1,040

Comparing this to his expected utility of income (2,260), we can see that John is risk averse. This is because his utility function is concave, meaning that he values additional income less and less as his income increases. A graph of his utility function would show a curve that starts out steep and then flattens out as income increases.

d. The aximum amount that John is willing to pay to avoid the risk of income loss resulting from becoming sick is equal to the difference between the expected utility of income in the healthy state and the expected utility of income in the sick state:

(0.6 x 1900) - (0.4 x 2,500) = -160

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The impact will be a $50 increase in reserves and a $50 increase in checkable deposits.

When you deposit a check in the bank, the bank adds the amount to your account balance, increasing the checkable deposits. At the same time, the bank increases its reserves, which is the portion of deposits that the bank holds in cash or deposits at the Federal Reserve. This helps the bank meet its reserve requirements and enables it to make loans and invest in securities.

Therefore, the immediate impact on the bank's balance sheet is a $50 increase in reserves and a $50 increase in checkable deposits.

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Technical, fundamental, and market-based forecasting typically yield similar exchange rate forecasts. This, statement is false. Thus, option (b) is correct.

The effectiveness of the forecast is influenced by a number of variables, including the time horizon, the currency pair, and the market conditions, and each technique has strengths and shortcomings of its own.

In order to calculate exchange rates, fundamental analysis concentrates on factors related to the economy, such as inflation, interest rates, and trade balances, whereas technical analysis makes use of historical price and volume data to spot trends and patterns.

Therefore, option (b) is correct.

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Gwen would be classified as option D: employed and not in the labor force.

This is because she is working for her family's restaurant but is not receiving a wage or salary. Therefore, she is not considered to be actively seeking employment and is not part of the labor force.

Therefore, the correct answer is option D. employed and not in the labor force.

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I understand that you need help with configuring subtotals in a PivotTable. You can change your PivotTable's configuration so that subtotals:

1. Appear above each subgroup
2. Appear below each subgroup
3. Are not displayed at all

To do this, follow these steps:

1. Click on your PivotTable to activate the PivotTable tools.
2. Go to the "Design" tab under "PivotTable Tools" in the Excel toolbar.
3. Click the "Subtotals" button in the "Layout" group.

4. Choose one of the following options:
  a. "Show all Subtotals at Top of Group" to have subtotals appear above each subgroup.
  b. "Show all Subtotals at Bottom of Group" to have subtotals appear below each subgroup.
  c. "Do Not Show Subtotals" to remove subtotals entirely from the PivotTable.

I hope this helps you with configuring your PivotTable subtotals!

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The Civilian Conservation Corps (CCC) was established to create employment opportunities. Although it did not directly focus on industrial workers, banks, or agriculture, its primary goal was to provide jobs and engage in environmental conservation projects during the Great Depression.

The civilian conservation corps was established to aid unemployed young men during the Great Depression. The program aimed to create employment opportunities by focusing on conservation and natural resource management projects. The primary goal was to protect and restore the nation's natural resources while simultaneously providing work for those who were struggling financially. The program did not directly target farmers or agricultural workers, but it did provide employment opportunities for them. The program's primary focus was on improving parks, forests, and other public lands. It did not directly aim to protect industrial workers or secure the safety of banks.

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D) to maintain impersonal relationships with suppliers. This is because business-to-business transactions in the telecom industry tend to be more professional and focused on meeting specific needs rather than building personal relationships.

Northern Telecom is likely to have many customers across different regions, so their relationships with customers are likely to be impersonal rather than intimate.

A) to be fewer in number, but make larger purchases. This is because businesses require a higher volume of telephone equipment to accommodate their employees, departments, and different locations. Additionally, business customers often make larger purchases in order to take advantage of economies of scale and negotiate better prices.

B) It is less likely that businesses will buy exclusively from a single vendor since they have more complex needs that may require multiple vendors to fulfill.

C) Northern Telecom's business customers are likely to be more widely scattered geographically since businesses operate in different locations and regions.

D) Maintaining personal relationships with suppliers is important for businesses to ensure that they receive quality products and services, as well as good prices and delivery times.

E) Businesses may seek bundling options with other telecom service providers to reduce costs and simplify their procurement processes.

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The correct statement is e. Savings are necessary for production because production is expensive

Savings is the amount of money left over after spending and other obligations are deducted from earnings. Savings represent money that is otherwise idle and not being put at risk with investments or spent on consumption.

There are different types of savings accounts to choose from, and they're not all alike. The options include traditional savings accounts, high-yield savings accounts, money market accounts, certificates of deposit, cash management accounts and speciality savings accounts.

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The future value of $3,325 per year for 20 years at an interest rate of 7.29 per cent can be calculated using the formula for the future value of an annuity. This formula is:

FV = Pmt x (((1 + r)^n) - 1) / r

Where:
FV = Future Value
Pmt = Payment per period
r = Interest rate per period
n = Number of periods

In this case, Pmt is $3,325, r is 7.29% per year (or 0.0729 per year), and n is 20 years. We need to convert the interest rate to a per-period rate by dividing it by the number of compounding periods per year. Assuming annual compounding, the per-period rate is 7.29%/1 = 7.29% per year.

Substituting these values into the formula, we get:

FV = $3,325 x (((1 + 0.0729)^20) - 1) / 0.0729
FV = $3,325 x (4.583 - 1) / 0.0729
FV = $3,325 x 45.778
FV = $152,402.15

Therefore, the future value of $3,325 per year for 20 years at an interest rate of 7.29 per cent is $152,402.15.

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