Under which section of the balance sheet is "cash restricted for plant expansion" reported?
a. Current assets.
b. Non-current assets.
c. Current liabilities.
d. Stockholders' equity.
Ans: b. Non-current assets.
Business
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Julie has a $100,000 30-year mortgage on her new home. What type of life insurance could she purchase that is designed to pay off the loan balance if she dies within the 30-year period?
A) Adjustable life insurance B) Decreasing term insurance C) Increasing term insurance D) Modified life insurance
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Explain the classification of customer loyalties and the contrasts in their range of behaviors
What will be an ideal response?
Business