Answer:
c. seller receives cash sooner than if credit is granted directly to the customers
d. may allow seller to increase sales volume
Explanation:
When a customer uses a credit card, the bank that issued the card pays the seller immediately, and later, the bank recovers the money plus interest from the customer.
So this method allows for a faster collection of cash (basically immediatly) than if the seller granted the credit directly to the customer.
Credit cards also allow seller to increase sales volume because many people lack the cash necessary to pay down the full value of the purchase.
Answer:
The answer is: E) None of his salary can be excluded from gross income because Hank must reside overseas for the entire year
Explanation:
According to the IRS's Foreign Earned Income Exclusion (and Requirements) a US citizen can claim up to $105,900 (in 2019) of his gross income to be excluded from gross income in the US only if that person resided in the foreign country for at least 330 days in the last year.
Answer:
Sarbanes Oxley
Explanation:
The Sarbanes Oxley act was passed in 2002 by the US congress to ensure that senior managers are more accountable by establishing strict accounting and reporting rules.
The Sarbanes Oxley Act created and gave powers to the Public Company Accounting Oversight Board to overlook the activities of the accounting industry. The Act also bans company executives from accessing loans.
Cheers.
<span>The energy source in gas hydrates is methane, which is trapped inside of ice. Extraction of the methane may result in leakage of small amounts of methane. This is a potential global environmental problem because methane is a very potent greenhouse gas.</span>
