Which type of policy combines the flexibility of a universal life policy with investment choices?

A) Adjustable universal life policy
B) Flexible universal life policy
C) Variable universal life policy
D) Modified universal life policy

Ans: C) Variable universal life policy

Business

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Angelo Services, Inc reported the following balance sheet information for the year 2017

Based on the following information, calculate the rate of return on total assets for Angelo Services, Inc Total Assets, December 31, 2017 $586,000 Total Assets, December 31, 2016 $505,000 For Year Ended December 31, 2017: Interest Expense $27,000 Net Income $66,100 A) 11.28% B) 7.93% C) 17.07% D) 7.17%

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The target population should be defined in terms of elements, sample units, extent and time frame

Indicate whether the statement is true or false

Business