A retailer expects monthly sales to be $100,000 and planned reductions from sales to be 8 percent of sales. The retailer wants ending inventory to be $20,000 greater than beginning inventory. Planned purchases at retail are _____

Karen is concerned about the rate of return she will earn on a cash value life insurance policy. To analyze the rate of return, she divided each premium into two components: cost of insurance coverage and savings. Then she calculated the average annual rate of return that would be needed to transform the annual savings contributions into the guaranteed cash value at a specified time. Karen calculated the:

(a) net payment cost (b) Linton yield (c) yearly rate of return using the Belth method (d) surrender cost

In the Middle East, prolonged eye contact with women is considered inappropriate

Indicate whether the statement is true or false.