In a corporation, the stockholders' equity section contains information regarding capital stock, paid-in capital in excess of par, and retained earnings

Group life insurance policies include a probationary period requiring new employees to wait a certain time before they can enroll in the plan. How long is the typical range for these probationary periods?

A) 1 to 12 months B) 10 to 25 days. C) 18 to 24 months D) 30 to 45 days.

Matthew bought a used car last month for $2,400. He just found out he needs a new transmission that will cost $2,400 to install. He is asking you for advice as to what he should do. What financial principle would you use to base your advice on?

A) Waste not, want not, smart spending matters. B) Mind games, financial personality, and your money C) Protect yourself from major catastrophes. D) None of the above would be correct.