An important consideration in determining the amount of life insurance to purchase is the need for income during the one- or two-year period after the death of the breadwinner. The period is called the:

(a) Blackout period
(b) Readjustment period
(c) Accumulation period
(d) Dependency period

Ans: (b) Readjustment period

Business

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Milford Lighting Supply expects the following for 2016

Net cash provided by operating activities of $281,000 Net cash provided by financing activities of $65,000 Net cash provided by investing activities of $85,000 Cash dividends paid to stockholders of $24,000 Milford expects to spend $157,000 to modernize its showroom. How much free cash flow does Milford expect for 2016? A) $124,000 B) $277,000 C) $100,000 D) $107,000

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Complete the sentence.all listings should be in writing.

A. To be enforceable B. To avoid any misunderstanding C. Because FS475 requires it D. Because the statute of frauds requires it

Business