Which of the following financial statements reports that total assets are equal to total liabilities plus total stockholders' equity?

A) Statement of retained earnings
B) Statement of cash flows
C) Income statement
D) Balance sheet

D

Business

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In a group life policy with a death benefit of more than $50,000:

A. Premium cost is taxable to the employer. B. Premium cost for insurance above $50,000 is taxable as income to the employee. C. Premium cost for insurance below $50,000 is taxable as income to the insured. D. Premium cost is tax deferred.

Business

The basis of cohort segmentation is that the experiences of key defining moments during the time when an individual becomes an adult can influence his or her values, preferences, and buying behaviors for the rest of his or her life

Indicate whether the statement is true or false

Business