Deposits at commercial banks are insured up to ________ per depositor by the Federal Deposit Insurance Corporation (FDIC)
A) $100,000
B) $75,000
C) $250,000
D) $150,000
Answer: C
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Innovative Inc is experiencing a boom for the products it has introduced recently. The estimated annual sales projected for the next five years are given in the following table. The current capacity is equivalent to only $100 million sales
The company is considering the alternative of expanding capacity to an equivalent of $250 million sales. Assume a 25 percent pretax profit margin. What is the increase in total pretax cash flow (summed over all years) that would be enjoyed because of the expansion? Year Annual Sales (in $ million) 1 100 2 140 3 170 4 200 5 250 A) less than or equal to $40 million B) more than $40 million but less than or equal to $70 million C) more than $70 million but less than or equal to $100 million D) more than $100 million
The new version of a database is created following the same development steps as the initial version
Indicate whether the statement is true or false