Chapter 1 discusses 10 principles that form the foundation of personal finance. The principle that considers the importance of insurance is the ________ principle
A) agency problem — beware the sales pitch
B) all risk is not equal
C) time value of money
D) protect yourself against major catastrophes
E) none of the above
Answer: D
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Lakeland Corporation reported the following pretax (and taxable) information for 2016: Income from continuing operations $550,000 Loss on disposal of Segment B 45,000 Prior period adjustment-Depreciation was understated in 2015 15,000 Gain from operations of discontinued Segment B 35,000 Income tax rate 35% ? Required: a.Prepare the lower portion of Lakeland's 2016 income statement, beginning with pretax income for continuing operations. (Omit the heading.)b.Prepare Lakeland's 2016 statement of retained earnings, assuming that retained earnings at January 1, 2016, was $750,000 and the company paid $45,000 of dividends in 2016. (Omit the heading.)
What will be an ideal response?
Considerable research evidence indicates that employee referrals result in consistently higher quit rates than other recruitment sources.
Answer the following statement true (T) or false (F)
Which piece of legislation was passed first?
a. The Clean Water Act b. The Resource Conservation and Recovery Act c. The Clean Air Act d. The Comprehensive Environmental Response, Compensation, and Liability Act
Each of the following statements regarding online promotional communications is true, EXCEPT that
A. customers often make purchases based on information that was not influenced by the product's marketing manager. B. customers who search online often find messages outside the marketer's control. C. online complaints can serve the purpose of highlighting unmet customer needs. D. marketing managers need to know where customers are likely to search for information and monitor what is being said there. E. marketing managers need not focus on online information they don't create.