Answer:
$24,000
Explanation:
Cash from credit sales is collected with passage of time. Some amount is collected with the sale and some after the sale period. The cash collection for the current month may include the collection against the prior periods sales.
Cash Collection Schedule is prepared in an MS Excel File which is attached with this answer, Please find it.
Answer:
The proportion of each payment that represents interest versus repayment of principal would be higher if the interest rate were higher
Explanation:
Amount of interest component in a loan instalment will be higher as compared with principal amount in the initial period of repayment . As period lapses , interest amount reduces progressively and principal amount increases . When the tenure of loan is increased , proportion of interest increases in an instalment .
I live in Indiana all I did was go to the court house and filled they ask you a lot of questions about times and dates and any witness. It was free.
Answer:
$700,000
Explanation:
Data provided in the question
Sales price of the home = $960,000
Cost price of the home = $260,000
Based on the above information,
The computation of the amount of gain included in gross income is shown below:
= Selling price of the home - cost price of the home
= $960,000 - $260,000
= $700,000
Hence, the amount of gain i.e $700,000 is included in the gross income
Answer:
4. Economic policies manage taxes, while social policies provide public assistance.
Explanation:
Social policy:
The services like social service ,wale fare states are the social policies .These policy are usually within a political setting or governmental setting.
Economic policy:
These are the policies which sets levels of government budget, interest rates, money management and national ownership.Like collection of taxes.
So the option 4 is correct.
4. Economic policies manage taxes, while social policies provide public assistance.
