NICO Corporation had net current assets of $2,000,000 at the end of 2015 and $1,800,000 at the end of 2014. In addition, NICO had net spontaneous current liabilities of $1,000,000 in 2015 and $1,500,000 in 2014

Using this information, NICO's net current asset investment for 2014 was ________.
A) $700,000
B) -$300,000
C) $300,000
D) -$700,000

B

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Although insurance benefits society in many ways, there are some social costs associated with insurance. These social costs include all of the following EXCEPT:

(a) insurers' cost of doing business (b) inflated claims (c) indemnification of losses (d) fraudulent claims

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The term of the IOC President is

A. a non-renewable term of 8 years. B. an initial term of 8 years, renewable once for 4 additional years. C. an initial term of 4 years, renewable as often as the IOC members deem appropriate. D. an initial term of 8 years, renewable as often as the IOC members deem appropriate.

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