Which of the following statements about federal flood insurance is true?
A) It is available even if property has been previously flooded.
B) It is unavailable in high-risk flood areas.
C) It is available only for residences, not for businesses.
D) Waiting periods are not used in the federal flood insurance program.
Answer: A
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Falcon Enterprises expects the following unit sales over the next five months:MonthUnit SalesApril400,000May480,000June540,000July600,000August560,000Falcon's goal is to maintain an inventory equal to 20% of next month's sales requirements. March 31 inventory is projected to be 70,000 units.Required:Prepare a purchases budget (in units) for Falcon for as many months as is possible based on data provided. Assume a 30-day month.
What will be an ideal response?
The ________ time for an activity represents low-costs, realistic, efficient methods for completing the activity under typical conditions.
Fill in the blank(s) with the appropriate word(s).
Diamond Plywood, Inc., manufactures four types of plywood panels. Each product must go through the following operations: patching, grading, gluing, and baking. The time in hours required for each operation for each panel, the total capacity available for each of these operations in a given month, as well as the minimum production requirements and the profit contributions per panel are given in the following table. Based on this information, at the optimal production point what is the profit from hardwood plywood panels?
A. $7,400.00
B. $1,800.00
C. $6,640.00
D. $7,950.00
The ability to provide financial rewards sufficient to attract and retain financing is called:
A) Liquidity and efficiency. B) Solvency. C) Profitability. D) Market prospects. E) Creditworthiness.