Leasing helps to guarantee better maintenance and service on overseas equipment.

"Unfortunately, one thing we know for certain about financial forecasts is that they are almost always wrong." If the preceeding statement is generally thought to be true, why do we spend so much time and money on financial forecasting?!

What will be an ideal response?

Northwest Outdoor Store will have cash receipts of $83,000 in December and cash disbursements of $78,000 for this month. If its beginning cash is $5,000 and its desired reserve is $4,000, what will its excess be for December?

A) There is no excess but a shortfall. B) $6,000 C) $9,000 D) $13,000