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2 years ago

Why is it necessary to include your family's income and tax information on a fafsa application?

1 answer:

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Answer Including your stepparent's information on the FAFSA form helps create an accurate picture of your family's total financial strength

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2. At a consumer optimum, for all goods purchased, marginal utility per dollar spent is equalized. A high school student is deci

Greeley [361]

Answer:

The high school student should analyze the point at which the marginal cost equals the marginal benefit.

In other words, he or she should see if the increased costs of attending Petesburg University are more or less equal to the increased benefit that is gained from graduating from a more prestigious university.

The student should also analyze the possible opportunity cost in the future. Attending amore renowned college can result in better job prospects than doing otherwise. Higher salaries in the future could be given up if he or she chooses the cheaper option.

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3 years ago

Today most state corporate statutes are at least partially based on the . A corporation is an artificial being, existing only in

I am Lyosha [343]

Answer:

The correct word for the blank space is: Revised Model Business Corporation Act.

Explanation:

The United States corporate laws are regulated by the Model Business Corporation Act (MBCA). The Act was born as a need for disambiguation of liabilities incurred by corporations where it was not clear if owners were personally liable for debts of the organization. Nowadays, the Revised Model Business Corporation Act (RMBCA) rules that concept and adopted some other features to bring clarity when it comes to corporate obligations.

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3 years ago

North Company has completed all of its operating budgets. The sales budget for the year shows 50,220 units and total sales of $2

Oduvanchick [21]

Answer:

A budgered income statement was prepared for North company for the year ending December 31st 2020.

Explanation:

Solution

The NORTH COMPANY

Budgeted Income Statement

For the year December 31st, 2020 Ended

Particulars Amount

Sales $2,414,100

Less: Cost of goods sold

[50,220 Units x $23.00 per unit] -11,55,060

The Gross Profit 12,59,040

Less: Selling and administrative expenses -3,09,700

Earnings before interest and taxes 9,49,340

Less: Interest Expenses -10,260

The earnings before taxes 9,39,080

Less: Income Taxes -2,26,200

The Net Income 7,12,880

The net income for the NORTH COMPANY for the year ended December 31st 2020 is $7,12,880

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3 years ago

Name the currency that is used by 19 member states and 330 million people, though some politicians and economists are calling fo

xeze [42]

The answer to the question mentioned above is "the Euro".

Euro is the name of the currency that is used and by 19 members states and 330 million people, though some politicians and economist are calling for its retirement. This is the official currency of the Eurozone.

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3 years ago

Adams Company has employed a bookkeeper who is inexperienced. On December 28, after reviewing the records for the year, you disc

adell [148]

Answer:

Debit Credit

Trade payable $300

Cash $300

Explanation:

First we have to reverse the wrong journal entry which has been made by the inexperienced bookkeeper in the Adams Company accounts:

Debit Credit

Trade payable $300

Cash $300

Now we have to record the correct journal entry in the accounts of Adam Company in respect of account settlement with supplier which is given as follow:

Debit Credit

Trade payable $300

Cash $300

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3 years ago

Read 2 more answers