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(b) Kindly Provide brief answers to the following: i. What is the difference between systematic and unsystematic risk? ii. What is strategic business plan and

(b) Kindly Provide brief answers to the following: i. What is the difference between systematic and unsystematic risk? ii. What is strategic business plan and why it is important for the success of a firm? Explain in your own words. iii. Explain for which types of projects, a detailed capital budgeting analysis is required and why? iv. What do you mean from retained earnings breakpoint? Explain in your own words with an example. v. How can we check whether a firm is paying its creditors well in time?.com vi. Why do we add floatation costs in the calculations of individual components costs? vii. List and briefly explain the qualitative and quantitative factors considered for ratio analysis.

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