When financial ratios are compared to financial ratios from previous years, a ________ is conducted

Cormax Games is faced with uncertainty due to the large amount of downloadable, inexpensive games for smartphones and tablets that are present in the market. Traditionally a console game maker, Cormax is confronting changes in technologies and consumer tastes. Which of the following strategies would help Cormax Games modify its operation and adapt to its current environment?

a. Supplying consumers with a product that is more efficient and effective b. Using business intelligence to spot significant data that will increase sales c. Strengthening its current marketing strategies to better sell its products d. Using the socio-cultural dimension to see what is valued within society

You have just won a lottery! You can either receive $6,500 a year for 20 years or $100,000 as a lump sum payment today. What is the interest rate on the annuity option?

a. 2.64% b. 1.68% c. 2.20% d. 2.45% e. 1.95%