General partnerships and LLPs vary in terms of

Data for Nobell, Inc follow

Nobell, Inc Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Assets Current Assets: Cash $121,000 $100,000 Accounts Receivables, Net 117,000 125,000 Merchandise Inventory 70,000 85,000 Total Assets $308,000 $310,000 Liabilities Total Current Liabilities $63,500 $50,000 Long-term Liabilities 100,000 100,000 Total Liabilities 163,500 150,000 Stockholders' Equity Retained Earnings 94,500 110,000 Common Stockholders' Equity 50,000 50,000 Total Liabilities and Stockholders' Equity $308,000 $310,000 Prepare a horizontal analysis of the comparative balance sheet of Nobell, Inc (Round to one decimal place.) What will be an ideal response

Krissa purchases a 10-year level term life insurance policy that has a death benefit of $200,000. Which of these statements is true?

A) The policy automatically converts to whole life after the 10-year period B) The face amount will remain constant and the premium will increase over the 10-year period C) The premium will remain constant and the face amount will increase over the 10-year period D) The face amount and premium will remain constant over the 10-year period