Just place the points where it says to
        
             
        
        
        
Answer: True 
Explanation:
Strategic decisions do indeed take long-term commitment because they are meant to help the company in the long term not the short. 
Strategic decisions usually set goals and achieve results in the long term. They are not expected to yield results in the short terms which is why MacDonald's pressed on with the all-day breakfast despite initial challenges. 
 
        
             
        
        
        
Answer:
d) The value of equity is $0
Explanation:
Bank loans are classified as performing and nonperforming loans. Nonperforming loans that stay for over a long period (usually 12 months) are considered to be a loss.
When a bank makes a loss on loans (loan goes bad due to nonrepayment) they make provisions and debit the business equity for the loss.
The given loan amount is $800 and the bank had to provision 5% of that amount.
Loss from loan= 800* 0.05= $40
This is deducted from equity= 40- 40= $0
 
        
             
        
        
        
Answer:C. Damage to completed cars held on a storage lot
Explanation:
Operational risk are the hazards and the uncertainties that are faced by companies in the day to day activities. It may be caused as a result of system failure or manufacturing components.
An example of operational risk for a company that manufactures automobiles would be damage to completed cars held on a storage lot.
 
        
             
        
        
        
It is a finance lease , because Jamal purchased a financial equity, which is the stock, with the cooperative and he moved to one of its units, therefore, the risk and rewards are transferred to Jamal and it is considered to be a finance lease.