Typically, who should buy life insurance?
What will be an ideal response?
Answer: Couples or single parents with children need life insurance. Couples with no children that have a single income also need coverage. When you own your own business or have an extremely large estate you need life insurance.
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Cash flows from acquiring and disposing of long-term assets are classified as
a. operating activities. b. investing activities. c. financing activities. d. purchasing activities.
Indicate the group of words or sentence with correct capitalization. Which is correct?
A) the famous Italian Opera singer Andrea Bocelli B) the famous Italian opera singer Andrea Bocelli
On January 1, Year 1, Denver Co. issued bonds with a face value of $89,000, a stated rate of interest of 9%, and a 5-year term to maturity. The bonds were sold at 103.0. Denver uses the straight-line method to amortize bond discounts and premiums. What is the amount of interest expense during Year 1?
A. $8250 B. $8544 C. $8010 D. $7476
Which of the following statements is NOT true regarding overall resource management?
A) A firm would like to have as LITTLE money tied up in inventory as possible. B) A firm would like to receive payment from customers as QUICKLY as possible. C) A firm would like to generate as LITTLE revenue as possible for a given level of fixed assets. D) A firm would like to take as LONG as possible to to pay its suppliers.