The brs corporation makes collections on sales according to the following schedule: 50% in month of sale 45% in month following sale 5% in second month following sale the following sales have been budgeted: sales april $ 180,000 may $ 190,000 june $ 180,000 budgeted cash collections in june would be:

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?

Only the united states has embassies. true or false