Bond prices are inversely related to market interest rates

Indicate whether the statement is true or false

TRUE

Business

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Which of the following statements about point-of-service (POS) plans is TRUE?

A) A POS plan does not include the use of a deductible or coinsurance. B) Out-of-network care is billed on a prepaid basis. C) A POS plan does not require a primary care physician to manage in-network care. D) A POS plan allows a subscriber to access care both in-network and out-of-network.

Business

Griffin Corp. is evaluating its Piquette division, an investment center. The division has a $60,000 controllable margin and $400,000 of sales. How much will Griffin's average operating assets be when its return on investment is 10%?

a) $400,000 b) $340,000 c) $600,000 d) $660,000

Business