Which of the following statements is correct? a. if a series of unequal cash flows occurs at regular intervals, such as once a year, then the series is by definition an annuity. b. if some cash flows occur at the beginning of the periods while others occur at the ends, then we have what the textbook defines as a variable annuity. c. the cash flows for an annuity due must all occur at the ends of the periods. d. the cash flows for an ordinary (or deferred) annuity all occur at the beginning of the periods. e. the cash flows for an annuity must all be equal, and they must occur at regular intervals, such as once a year or once a month.

What does the phrase limited liability mean in a corporate context?

On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer