The income method, used to calculate your life insurance coverage, multiplies your current annual income by
A) your expenses per month.
B) the number of your dependents.
C) some arbitrary number, such as 10.
D) your life expectancy.
Answer: C
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Cash flows from borrowing and paying off a 90-day bank loan are classified as
a. operating activities. b. investing activities. c. financing activities. d. purchasing activities.
Service Activities as defined in the value chain are those activities that provide the support of customers after the products and services are sold to them (e.g. warranty repairs, parts, instruction manuals, etc.).
Answer the following statement true (T) or false (F)
The convention of consistency has led to an increase in the notes to financial statements
Indicate whether the statement is true or false
A firm's macroenvironment includes all of the following except
A. economics. B. demographics. C. political/legal issues. D. competition. E. culture.