The cheapest form of life insurance that provides coverage for a specified time period is ________
Fill in the blank(s) with the appropriate word(s).
Answer: term insurance
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Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?
A. 1,300 B. 1,200 C. 2,450 D. 1,150 E. None of these
In advertising, reach is a measure of the percentage of people in the target market who are exposed to an ad campaign during a given period of time
Indicate whether the statement is true or false
Accumulated Other Comprehensive Income
a. is a shareholders' equity account that acts for other comprehensive income the way retained earnings acts for net income. b. equals net income plus other comprehensive income. c. includes gains and losses from sales or exchanges of assets or settlements of liabilities related incidentally or peripherally to the firm's core business. d. Firms close amounts in net income for a period to at the end of the period. e. All of the above answer choices are correct.
Anthem Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of Richmond Corporation, at face value, on June 30, 2016
The bonds pay interest on June 30 and December 31. At the date of purchase, Anthem intended to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30, 2021. Prepare the journal entry for (omit the explanation) June 30, 2021 (assume that the last interest payment has already been recorded). What will be an ideal response