Answer:
The correct answer is A
Explanation:
Acquisition and Payment Cycle, also called as the PPP cycle for which the payments, purchases and payables, is mainly comprise of the two classes of the transaction. This cycle is regarding the payables and to pay off the payables with cash.
Acquisition and payment of the long lived assets, which are those assets, the business retain for at least one year. The revenue will not be included in the cycle because it is related to the payables.
Amortizing a loan P over n periods at i% interest / period, the payment per period is given by:

In given situation,
P=20000
period=month
i=10%/12
n=5*12=60 months
A. monthly payment amount



to the nearest cent
B. EAR (effective annual rate)
the APR is 10%, but compounded monthly.
So
EAR=(1+i/12)^12-1
=(1+0.1/12)^12-1
=0.104713
=10.4713% (effective annual rate)
Answer:
the net income is $92,800
Explanation:
The computation of the net income is given below:
Net income is
= Sales - cost of goods sold - tax rate on the remaining balance left
= $520,000 - $375,000 - (($520,000 - $375,000) ×0.36)
= $145,000 - $145,000 × 0.36
= $145,000 - $52,200
= $92,800
Hence, the net income is $92,800
Answer: The Children's Advertising Review Unit.
Explanation:
The Children’s Advertising Review Unit or CARU was established in 1974 as an independent self-regulatory agency. Its function is to regulate publicity in the media so can be suitable for children under 12 years of age.
CARU regulate television, radio, print media, and virtual media, so the advertising directed at children under the age of twelve is not misleading, immoral, and is consistent with the child's cognitive ability.
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