In the ________ business model, a web-based business builds a digital environment in which buyers and sellers can meet, display products, search for products, and establish prices

Green Garden Restaurants borrowed $10,000,000 from Big Bad Bank on July 1 last year for a term of two years. It agreed to pay 1-month LIBOR plus 2%. Interest is paid at the end of each month. At the beginning of July last year 1-month LIBOR was 1.25%. At the beginning of July this year 1-month LIBOR was 1.5%. Suppose 1-month LIBOR will be 2% at the end of this month. What is the interest rate that Green Garden will need to pay at the end of this month?

a) 1.25% b) 1.5% c) 2% d) 3.25% e) 3.5% f) 4%

A good primary source of market information is your sales force and customers

Indicate whether the statement is true or false