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also read and answer parts A-l of the following prompt from page 21 of the textbook. Marty Kimble, who retired many years ago after winning
also read and answer parts A-l of the following prompt from page 21 of the textbook. Marty Kimble, who "retired" many years ago after winning a huge lottery jackpot, wants to start a new company that will sell authentic sports memorabilia. He plans to name the company Pro Athlete Remembrances, or PAR for short. Marty is still in the planning stages, so he has a few questions about how PAR should be organized when he starts the business and what he should do if the company becomes very successful in the future. Marty has little knowledge of finance concepts. To answer his questions and learn more about finance in general, Mr. Kimble has hired Sunshine Business Consultants (SBC). Assume you are a new employee of SBC and your boss asked you to answer the following questions for Mr. Kimble. A. What is finance? Why is the finance function important to the success of a business? B. Why is it important for persons who work in other areas in a business to have an understanding of finance? Do you think it is mo
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