Mortgage life and decreasing term provide similarly structured insurance protection

Carter's stockholders' equity on December 31, 2007 is:

Carter Company compiled the following financial information as of December 31, 2007: Revenues..........................$140,000 Common stock ....................30,000 Equipment ...........................40,000 Expenses .............................125,000 Cash ......................................35,000 Dividends ..............................10,000 Supplies ...................................5,000 Accounts payable ...................20,000 Accounts receivable ...............15,000 Retained earnings, 1/1/07 ......75,000 a. $105,000 b. $110,000 c. $ 80,000 d. $120,000

Derivative products:

a. are what remain after the platform product is built b. include different models, brands, or versions of the platform product c. are intended to fill performance gaps between platform products d. a, b, and c e. b and c