Which statement concerning the sales opportunity grid is not correct?
a. The sales opportunity grid includes such factors as sales, gross profit, and net profit.
b. The sales opportunity grid assumes that all products have the same markup.
c. The sales opportunity grid uses data on costs from direct product profitability.
d. The sales opportunity grid measures a product's performance over multiple time periods.
b
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West promised to make Noll a loan of $180,000 if Noll obtained sureties to secure the loan. Noll entered into an agreement with Carr, Gray, and Pine to act as cosureties on his loan from West. The agreement between Noll and the cosureties provided for compensation to be paid to each of the cosureties. It further indicated that the maximum liability of each cosurety would be as follows: Carr $180,000, Gray $60,000, and Pine $120,000. West accepted the commitment of the sureties and made the loan to Noll. After paying nine installments totaling $90,000, Noll defaulted. Gray's debts (including his surety obligation to West on the Noll loan) were discharged in bankruptcy. Subsequently, Carr properly paid the entire debt outstanding of $90,000. What amounts may Carr recover from the cosureties?
Gray Pine A. $0 $30,000 B. $0 $36,000 C. $15,000 $30,000 D. $30,000 $30,000
The value-at-risk method for estimating a bank's risk exposure measures the losses a bank could incur under a worst-case scenario
Indicate whether the statement is true or false