When a business needs additional money to continue operations it has several options available to it. One option, a _______ , is an arrangement with the lender in which a loan is approved before the money is actually needed. While the loan is preapproved, which permits the loan to be made without delay, there is no guarantee that the lender can make the loan because the loan is contingent on the lender having sufficient funds available to make the loan.

A company produces 300 microwave ovens per month, each of which includes one electrical circuit

The company currently manufactures the circuit in-house but is considering outsourcing the circuits at a contract cost of $34 each. Currently, the cost of producing circuits in-house includes variable costs of $28 per circuit and fixed costs of $5,000 per month. The controller says that they could outsource production of the circuit, if it reduces fixed cost more than $1,800 per month. Is this statement true or false? Indicate whether the statement is true or false

________ can also be thought of as an asset representing the value created by the relationship between the brand and its customers over time

A) Brand extensions B) Co-branding C) Brand image D) Brand equity E) Brand loyalty