Answer:
By honoring child support responsibilities
Explanation:
A credit score communicates a person's reliability in paying debts. The credit score ranges from 300 to 850. The higher the score, the better for an individual. Obtaining a high score requires one to be responsible in the use of credit facilities. One has to be disciplined and prompt in meeting their obligations. In other words, one has to have a good credit history.
Obligations include debts and court-imposed payments such as child support. If Sam makes timely and full child support payments, his credit history will not reflect any misses payments. His credit score will not be affected in any way.
Answer:
goodwill = $195,000
Explanation:
goodwill = offered purchase price - fair value of assets - fair value of patents = $5,100,000 - $4,600,000 - $305,000 = $195,000
Customer loyalty is part of a company's goodwill, so it will not be included in this calculation. Goodwill is the difference between the acquisition price of a company and the fair value of its assets.
Answer:
<em>c. Unmodied opinion.</em>
Explanation:
Unmodified opinion is the view in which the auditor is of the opinion that financial statements are reported in compliance with the relevant financial reporting system in all material respects.
Unqualified opinion is the view in which the auditor conveys an unchanged opinion and also attaches a Matter Paragraph emphasis.
Answer:
The loan balance at the end of 3 years is $11,626.26.
Explanation:
Prepare an Amortization Table to determine the loan balance at end of year 3
First, enter the following data in Financial Calculator to find the PMT, payment per month:
Pv = $21,000
r = 7.2%
n = 6 × 12 = 72
P/yr = 12
Fv = $0
PMT = ? - $360.0493
Thus the payment PMT per month is $360.0493.
Year 3
The following are balances extracted from Amortization schedule for Year 3.
Note : 36 months would have expired at end of year 3.
Principle = $ 3,619.94
Interest = $1,060.70
Balance = $11,626.26
Conclusion :
The loan balance at the end of 3 years is $11,626.26
The answer to the question is (A) a direct incentive.
A direct incentive refers to <em>a type of incentive that is given in order to cause an action to occur. </em>
A direct incentive is generally tangible to the person who is targeted by it. In contrast, its opposite, an indirect incentive refers to a type of incentive that a person receives indirectly by choosing to do something. It is usually less tangible than a direct incentive.