The brokerage function does not exist in life insurance sales
Indicate whether the statement is true or false
TRUE
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The calendar year-end adjusted trial balance for Blessinger Co. follows: BLESSINGER CO.
Adjusted Trial Balance December 31 Cash$ 112,000?Accounts receivable27,000?Prepaid rent15,000?Prepaid Insurance9,000?Office supplies3,300?Office equipment38,000?Accumulated depreciation-Equipment?$3,200Building288,000?Accumulated depreciation-Building?42,000Land700,000?Accounts payable?25,800Salaries payable?14,500Interest payable?2,500Long-term note payable?72,000Common stock?200,000Retained earnings?710,000Dividends200,500?Service fees earned?430,800Salaries expense90,000?Insurance expense5,200?Rent expense5,000?Depreciation expense-Equipment800?Depreciation expense-Building7,000?Totals$1,500,800$1,500,800Required:(a) Determine the amounts of current assets and current liabilities. (Note: A $9,000 installment on the long-term note payable is due within one year.)(b) Calculate the current ratio. Comment on the ability of Blessinger Co. to meets its short-term debts. What will be an ideal response?
Unfortunately, Americans largely believe that their culture is ______ others.
a. different from b. equal to c. younger than d. superior to
Answer the following statement(s) true (T) or false (F)
1. Social cognition explains how we develop mental representations and how our mental representations influence the way we process information about people and social events. 2. The image that the word fish brings to mind is part of a mental representation called a script. 3. We create a schema for people of a nationality by assigning a set of characteristics to a particular national culture label. 4. Schemas are largely unconscious mental representations that shape how we think and act in a given situation. 5. Norms can be more important predictors of behavior in collectivist than in individualist cultures.
What is a plan for developing and launching specific products, systems or services for specific uses in selected market segments is called?
a. Venture concept b. Service Strategy c. Product line strategy d. Modularity