Baby boomers are an unprofitable demographic target for businesses
Indicate whether the statement is true or false
FALSE
Explanation: The 78 million baby boomers, born between 1946 and 1964, make up one of the largest and the wealthiest population group in the United States, with an estimated spending power of over $2 trillion a year. This makes baby boomers a large and lucrative target for businesses.
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It is more common for a manufacturer to not own the distribution network
Indicate whether the statement is true or false.
Suppose that instead of leasing the bulldozer, the company is considering purchasing a bulldozer outright by borrowing the purchase price using a four-year annuity loan
The monthly loan payments for a four year loan to purchase the Bulldozer are closest to ________. A) $2,115 B) $1,825 C) $1,870 D) $1,750