The master promissory note is a document that explains your rights and responsibilities as a federal student loan borrower.
The first option is correct. This document is one that is legally binding. Before a student agrees that they would want to take out loans as students, they first have to know what their rights and responsibilities are as a borrower and also to the lending facility.
There are a lot of available options that are in place to help with the management of student loans.
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Answer:
The desired inventory levels of the product.
Explanation:
The desired inventory levels doesn't have anything to do with the fact that a product should be discontinued or not since it doesn't have any impact on the demand or price for remaining products.
The inventory level of a product can be changed or adjusted several times during a year depending on the expected sales. Sometimes very successful products have very seasonal sales, e.g. toys that are sold more on Christmas than any other time of the year.
Answer:
Expected NPV=$666.67
Explanation:
Initial Cost=$100
NPV in case cash inflow is $5=-100+5/1%=$400
NPV in case cash inflow is $8=-100+8/1%=$700
NPV in case cash inflow is $10=-100+10/1%=$900
Expected NPV=(1/3)*400+(1/3)*700+(1/3)*900=$666.67
a. Burbank Corporation must use the mid-quarter convention to determine its cost recovery.