The shadow banking system describes a group of institutions that engage in lending activities, much like traditional banks
Indicate whether the statement is true or false
TRUE
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Central Investments bought 4,000 shares of Benet Company common stock on January 1, 2018, for $20,000, and 4,000 shares of Roy Company common on July 1, 2018, for $24,000. Benet declared dividends on December 31, 2018 of $3,000. At the end of 2018, the fair value of Roy was $30,000 and the fair value of Benet was $28,000. At the end of 2019, the fair value of Roy was $32,000 and the fair value of Benet was $24,000. These investments are reported in the long-term asset section of Central's balance sheet. Central owns 8% of Benet Company and 12% of Roy Company.How much income was reported on the 2018 income statement?
A. $14,240 B. $0 C. $14,000 D. $240
Members of which generation were born in the years immediately following the end of World War II?
A) Echo Boomers B) Millennials C) baby boomers D) the baby bust E) Generation Z
All of the following are components of the CARE model for building relationships with customers EXCEPT:
A) convincing B) executing C) responding D) appreciating E) customizing
In which of the following are these steps of a criminal case listed in the correct order?
A) Arrest, arraignment, indictment, trial B) Arrest, indictment, arraignment, trial C) Indictment, arraignment, arrest, trial D) Arraignment, arrest, trial, indictment