To emphasize the "you" view in e-mail messages, you must avoid any phrases that include the "I/we" view such as I'm happy or We're delighted
Indicate whether the statement is true or false
False
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The balance sheet is linked to the retained earnings statement by the ending retained earnings balance
a. True b. False Indicate whether the statement is true or false
_____ , which is essential to smooth operations in today's business world, is the transmittal of data and information from one point to another.
Fill in the blank(s) with the appropriate word(s).
What is the last account that should be listed in the Post Closing Trial Balance?
A) Income Summary B) Capital account C) Cash D) Fees Earned
Based on their incomes, how large of a PITI can they comfortably afford to pay?
Hector a Maria have been married for almost one year now and are thinking about buying a house. Maria is an executive for a large, multi-national corporation with offices around the world. She has been told by her company that she will be transferred to a new location every three years. Hector is a car salesman and he is willing to move to wherever Maria gets transferred. Together they make $8,000 in gross monthly income and pay 40% in taxes and withholdings every month. Between them they have monthly payment of $400 in student loans and $700 in car loans, and their credit cards payments average $450 per month. They currently lease a luxury condo for $1,400 per month. They travel to Cancun every Christmas. Since they both work a lot of hours, they eat out at restaurants for most meals. They currently have nothing in savings but Hector's grandparents have said they will give them a 20% down payment for the new home. A) Based on the 28 percent rule, they can afford $2,240 per month. B) Based on the 36 percent rule, they can afford $2,880 per month. C) Based on the 28 percent rule, they can afford $1,344 per month. D) Based on the 36 percent rule, they can afford $1,728 per month.