When a corporation needs money for long-term financing, where could it obtain these funds without the requirement of repayment?
a. Sales revenue
b. Debt capital
c. Equity capital
d. Proceeds from sales of assets
c. Equity capital
Business
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Which of the following is a required policy provision?
A) Change of occupation B) Change of beneficiary C) Insurance with other insurers D) Misstatement of age
Business
A chi-square goodness-of-fit-test is to be used to determine if a distribution is normally distributed. The data will be divided into "k" categories. Both the mean and standard deviation must be estimated
The degrees of freedom for this test would be:A) k - 1 B) k - 2 C) k - 3 D) k - 4
Business