The sales forecast given in the sample marketing plan in your text is based on a slower growth than last year's growth rate. This implies that sales forecasts should be realistic

Whitewater Co. is a U.S. company with sales to Canada amounting to C$8 million. Its cost of materials attributable to the purchase of Canadian goods is C$6 million. Its interest expense on Canadian loans is C$4 million. Given these exact figures above, the dollar value of Whitewater's "earnings before interest and taxes" would ____ if the Canadian dollar appreciates; the dollar value of Whitewater's cash flows would ____ if the Canadian dollar appreciates.

a. increase; increase b. decrease; increase c. decrease; decrease d. increase; decrease e. increase; be unaffected

Which annuity settlement arrangement guarantees to pay at least a minimum amount equal to the original investment?

A) Installment refund annuity B) Joint and full survivor annuity C) Period certain annuity D) Pure life annuity