The financial system of a country is important for long-run economic growth because :
a. most firms rely on their own retained earnings and do not use the financial system.
b. firms that use the financial system predominantly are being reckless.
c. firms need the financial system to acquire funds from households.
d. people can increase their wealth very quickly under a healthy financial system.

B. firms need the financial system to acquire funds from households

Explanation:

A financial system allows businesses to borrow funds to finance purchases of capital equipment, to train workers and to adopt new technologies.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; break-even analysis;