Answer:
October 1
Explanation:
Layaways are like reverse credit card shopping. In a layaway the customer pays for the product first (in installments) and then they can take it home.
Total price = $85
down payment = $85 x 20% = $17
remaining amount = $68 / $8 = 8.5 ≈ 9 monthly payments
Rhonda should start to make her first monthly payment in October 1. Her last payment will be due in June.
Answer:
The correct answer is letter "C": does not have physical substance, yet often is very valuable.
Explanation:
Physically, intangible assets do not exist but they are important since they represent potential revenue. Types of intangible assets include brand recognition, intellectual property and legitimate patents such as patents, trademarks, and copyrights. Intangible Assets do not have value for accounting recording purposes.
In the context of business management, the purpose of budgeting includes the following three aspects:
•A forecast of income and expenditure (and thereby profitability)
•A tool for decision making
•A means to monitor business performance
Answer:
A)control corporate behavior
Explanation:
Sarbanes-Oxley Act which came up in 2002, can be regarded as Public Company Accounting Reform and Investor Protection Act, is a reform act for public companies and investor protector. Sarbanes-Oxley Act was popped up in U S in order to to get the auditing of public companies fixed. It should be noted that the Sarbanes-Oxley Act was passed in an effort to control corrupt corporate financial behavior.
