Group mortgage life is a form of whole life insurance

Indicate whether the statement is true or false

FALSE

Business

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Ronaldinho Trading Co. is required by its bank to maintain a current ratio of at least 1.75, and its current ratio now is 2.1. The firm plans to acquire additional inventory to meet an unexpected surge in the demand for its products and will pay for the inventory with short-term debt. How much inventory can the firm purchase without violating its debt agreement if their total current assets equal $3.5 million?

A) $0 B) $777,777 C) $1 million D) None of the above

Business

Hearing aids might be covered under what type of health policy?

A) Hospital indemnity B) Hearing insurance C) Short-term medical expense D) Prescription drug

Business