Answer:
b. enable the financial manager to adjust a firm's exposure to various business risks.
Explanation:
The commodity and derivative markets are the tools of the investment where it permits the investors to take the profit from the specific commodities without taking the possession.
So as per the given options, the option B is correct as it also enables the financial manager for managing the exposure of the firm for the different types of business risk
Therefore the option B is correct
Answer:
a. Annually equal instalment = Principal x rate x ( (1+rate)n / (1+rate)n -1 )
Explanation:
Accrding to the following formula, we calculate the anually equal instalment.
So, instalment = 56000 x 0.10 x ( (1.10)8 / (1.10)8 -1) = $10496.86498 ~ $10496.86
Answer: Account manager
Explanation: The account manager is that salesman of a company who is responsible for managing sales and relationship with particular customers of the company. The account manager is assigned accounts of customers of which he has to maintain relationships with.
The main focus of account manager is to manage sales with customers and identify new business opportunities if any.
Thus, Account manager is the right answer for the given case.
