Leasing is advantageous for companies that need to upgrade their equipment regularly to reduce obsolescence risk.

Select one:

True

False

Wolf Inc. has estimated sales (in millions $) for the next 4 quarters as follows:

	Q1	Q2	Q3	Q4
Sales	210	180	244	280

Wolfs purchases from suppliers in a quarter are equal to 50% of the next quarters forecast sales, and suppliers are normally paid after 90 days (one quarter is 90 days). Given this information the expected payment to suppliers in quarter one (Q1) is ______.

Select one:

a. $90 million

b. $195 million

c. $105 million

d. $180 million

A potential profitable strategy when markets overreact to companies negative announcements is buying the stock and sell it later, when it reaches its fair value.

Select one:

True

False