For most homeowners, Basic Format (HO-1) does not provide adequate protection

Indicate whether the statement is true or false.


TRUE

Business

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The ability of the receiver to determine the main idea of the message is known as what?

A) Encoding B) Channel C) Medium D) Reading E) Decoding

Business

You borrowed $50,000 which you must repay in 10 years. You plan to make an initial deposit today, then make 9 more deposits at the beginning of each the next 9 years, but with the deposits increasing at the inflation rate. You expect to earn 5% on your funds, and you expect a 3% inflation rate. To the nearest dollar, how large must your initial deposit be to enable you to reach your $50,000 target?

A. $3,008 B. $3,342 C. $3,676 D. $4,044 E. $4,448

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Anita is a store manager who wants no employee input when she is making decisions about how the store should be operated. She prefers to make all the decisions by herself. What kind of a manager is Anita?

A. Democratic manager B. Persuasive manager C. Transformational manager D. Chaotic manager E. Autocratic manager

Business

Parnell, Inc has 5,000 shares of $5 par, 3% cumulative preferred stock outstanding and 25,000 shares of $2 par common stock outstanding. No dividends have been paid for the past two years. If the company wishes to distribute $2 per share to the common stockholders, what is the total amount of dividends that must be paid in the current year?

A) $52,250 B) $50,750 C) $50,000 D) $2,250

Business