If you want to have $4,200 in 29 months, how much money must you put in a savings account today? Assume that the savings account pays 12% and it is compounded monthly (round to nearest $1).

One type of liability insurance covers damages arising from the failure of a data holder to protect private information from being accessed by an unauthorized party. This type of liability coverage is called

A) errors and omissions insurance. B) cyber liability insurance. C) terrorism insurance. D) employment-related practices liability insurance.

Plimpton Sales presents income statements for the first three months of this year

Revenues are $1,000,000 in January, $1,200,000 in February, and $1,400,000 in March, while expenses total $800,000 in January, $900,000 February, and $1,000,000 in March. Despite the positive net income, the controller believes Plimpton Sales needs to arrange short-term financing of $300,000 to make payroll the next month. Which of the following statements is MOST correct? A) The controller must have made a mistake since the company's net income for the three months is $900,000. B) The company's accounts receivable balance has increased and the accounts payable balance has decreased over the past three months. C) The company's accounts receivable balance has decreased over the past three months. D) The company's accounts payable balance has increased over the past three months.