Patterns are ________

There were 10,000 shares issued and outstanding before T-ball, Inc., decided to buy back some of its own stock to have on hand for end-of-year bonuses. It buys 200 shares at $30 per share. What happens to assets?

A. 0 No Effect B. (10,000) Treasury Stock C. (6,000) Treasury Stock D. 10,000 Common Stock; (10,000) Treasury Stock E. 6,000 Common Stock; (6,000) Treasury Stock F. (10,000) Cash G. (6,000) Cash H. 6,000 Cash

A life insurance policy in which the face amount remains level and the cash value grows to an amount equal to the face amount when the insured reaches age 100 is

A) a whole life policy B) a level term policy C) an endowment policy D) a decreasing term policy"