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2 years ago

Making the choice to spend money on post secondary

Business

1 answer:

atroni [7]2 years ago

4 0

Answer:

Explanation:

This is one of those questions where all the choices are true. I guess the trick is picking the best one.

A: is true, but you pay a great deal more than the benefit of tax relief.

B: is also true. The Great Courses offers many courses in the field that you intend to study. But you get what you pay for. Who will recognize the good education that you got? An even better possible answer is night school, but that takes a tremendous amount of dedication.

C: I think I'd pick C. This is a business question. You have to decide what the best benefit is.

D: You can get grants which will lessen the burden, but it won't eliminate it entirely, I still think C is the best answer.

You might be interested in

You wish to retire in 15 years, at which time you want to have accumulated enough money to receive an annual annuity of $31,000

kupik [55]

Answer:

$ 5,507.47

Explanation:

There are two steps involved in solving this question ,first we need to determine the present of annuity of $31,000 receivable per year after retirement at retirement date,then use that to calculate the annual contribution:

=-pv(rate,nper,pmt,fv)

rate is the rate of interest during retirement which is 14%

nper is the period during which the $31000 would be received which is 20

pmt is the $31000 annuity per year

fv is the future worth of the annuity which is unknown

=-pv(14%,20,31000,0)=$ 205,317.05

The present value above is the future value of the retirement contributions

annual contribution=pmt(rate,nper,pv,-fv)=pmt(12%,15,0, 205317.05) =$ 5,507.47

5 0

3 years ago

Privett Company Accounts payable $ 30,000 Accounts receivable 35,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,

erica [24]

Answer:

$113,000

Explanation:

As we know ,

Working capital = Total current assets - total current liabilities

where,

Total current assets = Accounts receivable + cash + inventory + marketable securities + prepaid expenses

= $35,000 + $25,000 + $72,000 + $36,000 + $2,000

= $170,000

And, the total current liabilities = Accounts payable + accrued liabilities + short term notes payable

= $30,000 + $7,000 + $20,000

= $57,000

Now put the values to the above formula

So, the value would be equal to

= $170,000 - $57,000

= $113,000

3 0

3 years ago

Ramos Company has the following unit costs: Variable manufacturing overhead$15 Direct materials 13 Direct labor 17 Fixed manufac

zhannawk [14.2K]

Answer:

Unitary cost= $56

Explanation:

Giving the following information:

Variable manufacturing overhead $15

Direct materials $13

Direct labor $17

Fixed manufacturing overhead $12

Fixed marketing and administrative $11

Under absorption costing, the fixed overhead is allocated to the product cost:

Unitary cost= direct material + direct labor + variable overhead + fixed overhead

Unitary cost= 13 + 17 + 15 + 11= $56

3 0

2 years ago

How is the work in process inventory account related to the finished goods inventory account?

jek_recluse [69]

A.) factory overhead

8 0

3 years ago

Loop 1604 Inc. has prepared a static budget at the beginning of the month. At the end of the month the following information is

Charra [1.4K]

Answer:

Flexible budget variance for Sales Revenue = $3,960 Favorable

Explanation:

Provided budget is static budget, firstly for calculating flexible budget variance for Sales Revenue.

For this flexible budget is made of same level of quantity as of actual level.

therefore Flexible budget sales = 990 units @ $70 per unit price will be same as of static budget.

Therefore Variance = Standard Flexible Budgeted Sales - Actual Sales

Standard Flexible Budgeted Sales = 990 $\times$ $70 = $69,300

Actual Sales Revenue = 990 $\times$ $74 = $73,260

Since actual revenue is more than budgeted sales this is favorable.

Flexible Budget Variance for Sales Revenue = $69,300 - $73,260 = $3,960

Since actual revenue is more than budgeted revenue therefore this is a favorable variance.

Flexible budget variance for Sales Revenue = $3,960 Favorable

3 0

3 years ago