The insurance policy's cash value is equal to the savings accumulated during the existence of the contract
Indicate whether the statement is true or false.
TRUE
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Allen calls PepsiCo, the makers of Pepsi Cola, saying that he is an employee of Coca-Cola and he has the Coca-Cola secret recipe. The recipe is legendary as a closely guarded secret supposedly known to only a handful of people in the world. They arrange a meeting. Allen begins the meeting by stating that he acquired the recipe legally, and the PepsiCo representative says that she believes him and PepsiCo will buy it. Allen in fact stole the recipe. Since PepsiCo does not know specifically that the recipe was acquired improperly by Allen, the company cannot be guilty of misappropriation.
Answer the following statement true (T) or false (F)
Assets such as patents, copyrights, trademarks, and computers are all tangible assets
Indicate whether the statement is true or false
In ____________________ analysis, each financial statement line item is expressed as a percent of the base amount on the statement, which is net sales or total assets for the income statement or balance sheet, respectively
Fill in the blank(s) with correct word
Consumer tastes and preferences are changing due to ______.
a. growing health awareness b. the U.S. population becoming younger c. increasing costs of most consumer goods d. difficulty of procuring staple food items