The present value of an ordinary annuity is: a) the amount that would be paid today in order to receive a series of unequal payments in the future b) the amount that would be paid today in order to receive a series of equal payments in the future c) the amount that would be paid in the future in order to receive a series of unequal payments leading up to that point d) the amount that would be paid in the future in order to receive a series of equal payments leading up to that point e) none of the above

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.