Application service providers are online vendors that use their own servers and systems to handle recruiting tasks for firms

Martha started a flower shop as a sole proprietor. After one year, she was forced to close the

shop because business was so bad. At that time, the business assets totaled $50,000, but the business liabilities totaled $125,000. Which of the following statements is true? A) Martha's business creditors can collect only the $50,000 now, but if Martha ever goes into business again, they can get the assets of the new business. B) Martha's business creditors can collect only the $50,000 of business assets. C) Once Martha terminates the sole proprietorship, the business creditors cannot get even the $50,000. D) Martha is personally liable for the additional $75,000.

The ________ method charges interest based on the balance at the beginning of the new billing period

A) new cycle B) adjusted balance C) average daily balance D) previous balance