In horizontal analysis of a balance sheet, of what amount is each item expressed as a percentage?
A. Current year net income amount
B. Current year stockholders' equity amount
C. Current year total assets amount
D. Base-year amount
Ans: D. Base-year amount
Business
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Peter has a policy where 80% to 90% of the premium is invested in traditional fixed income securities and the remainder of the premium is invested in contracts tied to a stipulated stock index. What kind of policy is this?
A) Modified Endowment Contract B) Current assumptive whole life C) Credit life insurance D) Equity index whole life
Business
When setting up a portable screen for a presentation:
a. put it under a bright light b. be sure it's fully open c. both of the above d. none of the above
Business