Bill and Jan are reviewing their current financial plan. They have decided that it is time obtain life insurance and begin contributing to an investment fund for college. Bill and Jan are
A) a young, dual-income couple with no children.
B) young and single.
C) a young couple with children under the age of 18.
D) an older couple with no dependent children living at home.
Answer: C
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A systematic relationship between two variables in which a change in one implies a corresponding change in the other is called covariance
Indicate whether the statement is true or false
Chovita Motors Corp. is considering a machine that costs $100,000 that will increase the after-tax net operating income of the company. The net income for the next 3 years is expected to be $30,000, $90,000, and $150,000. The depreciation expense for the next 3 years will be $5,000, $3,000, and $2,000. If the machine has no salvage value, net present value (NPV) required of the project will be _____. The expected rate of return is 10%. (Round off the answer to nearest units place.)
A. $151,669 B. $175,600 C. $369,996 D. $122,878 E. $250,614
American Tourister, Inc., a producer of luggage, is planning to introduce a new product line. The marketing manager is having her sales force call on retailers to explain American Tourister's consumer advertising plans, the unique features of the new luggage, how the distributors can best promote it, and what sales volume and profit margins they can reasonably expect. This is an example of
A. exclusive distribution. B. selective distribution. C. a pushing policy. D. a pulling policy. E. intensive distribution.
The European Union recommends maximum credit terms for many items including, for example, heavy capital goods (five years), light capital goods (three years), and consumer durable goods (one year)
Indicate whether the statement is true or false.