Which one of the following statements about conflict is true? Inter-personal conflict can occur when there are value differences and unclear expectations between two or more people. Teams members who are in the performing phase of team development are trying to establish ground rules for all members to follow during team meetings. Intra-personal conflict can occur when there are differences in preferences and poor communications between groups of individuals. Organizations that experience low levels of conflict are consistently viewed as highly creative and forward thinking organizations.

Benning manufacturing company is negotiating with a customer for the lease of a large machine manufactured by benning. the machine has a cash price of $980,000. benning wants to be reimbursed for financing the machine at a 9% annual interest rate. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. determine the required lease payment if the lease agreement calls for 10 equal annual payments beginning immediately. 2. determine the required lease payment if the first of 10 annual payments will be made one year from the date of the agreement. 3. determine the required lease payment if the first of 10 annual payments will be made immediately and benning will be able to sell the machine to another customer for $68,000 at the end of the 10-year lease.