Administrative laws set out broad policy statements and establish a board, commission or agency to ensure compliance by business.

A target payout ratio policy involves choosing a ratio with which the firm is comfortable and thereafter paying exactly that percentage of earnings every year.

Harper Company lends Hewell Company $40,000 on March 1, accepting a four-month, 6% interest note. Harper Company prepares financial statements on March 31. What adjusting entry should be made before the financial statements can be prepared? a. Cash 200
\quad\quad\quad Interest Revenue 200
b. Interest Receivable $800$
\quad\quad\quad Interest Revenue $800$
c. Interest Receivable 200
\quad\quad\quad Interest Revenue 200
d. Notes Receivable $40,000$
\quad\quad\quad Cash 40,000

Which of the following should be the main focus of revising your message?

A) Use of strong words and phrases
B) Creating complex sentences
C) Content and readability
D) Sensitivity and relationship skills
E) Appropriate writing style