All of the following statements about life insurance company investments are true EXCEPT
A) Funds for these investments are derived primarily from premium income, investment earnings, and maturing investments that must be reinvested.
B) Income from these investments reduces the cost of insurance.
C) A primary objective in making these investments is safety of principal.
D) The majority of these investments are short-term investments.
Answer: D
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With advertising tracking research, after being shown a segment or stills of an ad, respondents are given a list of brands and asked to identify the correct brand that was in the ad, which measures:
A) memorability B) aided brand awareness C) unaided brand awareness D) brand and ad recognition
Linguistic translation of a website alone can capture cultural sensitivities.
Answer the following statement true (T) or false (F)
Equity is increased when net income exceeds dividend distributions
Indicate whether the statement is true or false
Laurie's Lawn Service, Inc., purchases a heavy-duty tri-cut lawn mower on March 17, 2019, for $5,500. Under a special election, Laurie's expenses the $5,500 cost of the lawn mower in 2019. In July, a tire on the lawn mower is repaired at a cost of $450. Maintenance costs on the lawn mower for 2019 total $175. What is Laurie's basis in the lawn mower at the end of 2019?
A. $- 0 - B. $450 C. $5,500 D. $5,950 E. $6,125