37.5%
Formula:
.15/.40=0.375
Convert decimal to %= .375*100 = 37.5%
That statement is True
Internal Compliance is carried out to ensure that all process are done according to regulated rules and standard
Poor internal compliance could indicate that certain process is not carried out according to standard, which could damage the trust of internal customers
Answer: If you want to purchase any kind of goods and services like furniture, appliances, electronic gadgets, and other such items but you do not have enough money or cash or credit to purchase it, then the rent to own becomes your lender of last resort.
They are the business where they collect weekly or monthly payments of the product and until the cost of the item is not covered and then the items come in the buyer’s possession after the payment is made in full.
Answer:
The company records the investment by the entry:
(D) debit Cash and credit Owner's Equity
Explanation:
Mr. Decker invested $20,000 in cash in his new business. He is the Owner of the company.
In the case, the company that he invested received cash from Mr. Decker.
The company will record the increasing in cash and increasing in Owner's Equity account by the journal entry:
Debit Cash $20,000
Credit Owner's Equity $20,000
The correct answer is False
Explanation:
A cash budget refers to a tool used to predict and control the amount of money that would be spent, this applies to the money that is expected will be spent in a business during a certain time or the money that is expected to be spent for a project. Due to this, in projects, a cash budget is useful to identify possible problems related to the budget or money including possible problem times. According to this, it is false a cash budget will not help identify possible problem times because is useful to predict problems related to money and time.
