As a part of the new strategy, one of the steps that managers at Theo Chocolate decided to take was to: a. wrap chocolate bars in easily readable packaging. b. produce exotic chocolate flavors to lure consumers. c. inform the public of the company's organic standards. d. increase the price of their exotic candy bars. Theo Chocolate's companywide decision to pursue mainstream customers and high volume sales is consistent with its . a. acquisition strategy b. stability strategy c. retrenchment strategy d. growth strategy To make the brand more popular among consumers, Theo Chocolate decided to: a. focus only on exotic and unusual flavors of chocolates. b. offer a more accessible and mainstream product line to consumers. c. create exclusive chocolate bars for its premium customers. d. sell its products only at select boutiques to enhance their desirability.

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)