Suppose the prime business rate was 45 in january 2017 and


1. Suppose the Prime Business Rate was 4.5 in January, 2017 and the firm’s profit was $100 at the same period, but it was expected to grow by 5%, what can you say about the firm?

2. Bindy ( the purchaser) and John ( the seller) contract for the sale of 1,000 red shirts. Delivery is to take place on or before May 1 of the current year. John tenders 900 red shirts and 100 white shirts on April 15 of the current year. Must Bindy accept and pay for the 1,000 shirts? Why or why not?

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Financial Management: Suppose the prime business rate was 45 in january 2017 and
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