Warren Buffett is credited with the development of the "Front Page of the Newspaper" tests as a means for resolving ethical dilemmas

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TRUE

Business

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Insurance companies must spend at least 85 percent of all premium dollars from large employers on benefits and quality improvements

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Business

When interest rates are stated or given for loan repayments, it is not assumed that they are annual percentage rates (APRs) unless specifically stated otherwise

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Business

Samantha bought a stock one year ago for $66 a share. She received a total of $2.00 in dividends. Today she sold the stock for $70 a share. Which one of the following statements is correct concerning this investment?

A) Samantha has current income of $6.00. B) Samantha has a capital gain of $2.00. C) Samantha has a total return of 9.1%. D) Samantha has unrealized income of $4 a share.

Business

A type of bar chart used to display the data from a frequency distribution is called a histogram

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Business