• maintain a safe and happy work place A ________ has limited liability, is a legal entity, and has the greatest potential to raise capital. • corporation • limited partnership • sole proprietorship • general partnership
Extending credit to a customer has three major components: • a policy on how customers will qualify for credit, a policy on the payment plan allowed creditors, and a policy on accounting for depreciation. • a policy on how customers will qualify for credit, a policy on paying commissions on sales, and a policy for collecting overdue bills. • a policy on how customers will qualify for credit, a policy on the payment plan allowed creditors, and a policy for collecting overdue bills. • a policy on how customers will qualify for credit, a policy on accounting for depreciation, and a policy on paying commissions on sales. Which of the following is NOT true regarding the total payment in an equal payment amortization table? • The total payment for any period is equal to the principal plus interest payments for that same period.