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2 years ago

In this assignment, you will research the cost of the first year at a two- or four-year college, depending on

Business

1 answer:

Tanya [424]2 years ago

6 0

A sample savings plan for a college student based on the given requirements would be:

Daily savings: $500
Weekly savings: $3,500
Monthly savings: $14,000
Yearly savings: $168,000
It would 6 months of saving to get $84,000

<h3>What is a Savings Plan?</h3>

This refers to the financial plan that is made in order to sort a budget and set aside certain amounts of money to fund a particular thing.

Hence, we can see that the useful information to be used is:

(Yearly)

College fees: $30,000
Housing: $24,000
Food: $16,000
Books: $12,000
Total: $82,000

Read more about savings and budget here:

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If markets are in equilibrium, which of the following conditions will exist? A. Each stock's expected return should equal its re

xxMikexx [17]

Answer:

A

Explanation:

Remember, in economics the term equilibrium implies that this terms

price and,
quantity demanded

are all equal or in a state of stability.

Therefore, the stock in such an equilibrium market would yield it expected returns since there are no external factors such as increase in price that could affect the value.

8 0

3 years ago

On January 1, 2018, Legion Company sold $270,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December

RSB [31]

Answer:

$8,767.50

Explanation:

Calculation for what Legion should report as bond interest expense for the six months ended

Using this formula

Bond interest expense= Carrying Value of Bond x Effective interest rate

Let plug in the formula

Bond interest expense=$146,125 x 12% yield interest x 6 months/12 months

Bond interest expense=$8,767.50

Therefore what Legion should report as bond interest expense for the six months ended is $8,767.50

6 0

3 years ago

In 2020, Lindon Corp. reported a discontinued operations loss of $1,300,000, net of tax. It declared and paid preferred stock di

8_murik_8 [283]

Answer:

The earnings per share would drop by -$2.17 per share

Explanation:

Firstly the EPS =LOSS/TOTAL SHAREHOLDING

In this ,=-$1300000/600000shares

In other words the EPS for the previous year when compared to the current would see a drop in value per unit of share of $2.17

6 0

3 years ago

HELP PLZZZ NEED THIS FAST

Helen [10]

My head hurts reading this...

6 0

3 years ago

Read 2 more answers

A business operated at 100% of capacity during its first month, with the following results: Sales (90 units) $90,000 Production

umka21 [38]

Answer:

d.$18,900

Explanation:

Gross Profit is the net of Sales value and production cost in the period for the units sold. Under absorption costing all the direct and indirect costs incurred in the production of products are included in the total production cost. As the cost is available for 100 units produced we need to calculate the cost of 90 unit and deduct this cost from the sales value to determine the gross profit and then deduct the operating expenses to calculate the operating income.

Sales (90 units) $90,000

Less: Production costs:

Direct materials ( $40,000 x 90/100 ) $36,000

Direct labor ( 20,000 x 90/100 ) $18,000

Variable factory overhead ( 2,000 x 90/100 ) $1,800

Fixed factory overhead ( 7,000 x 90/100 ) $6,300

Total Production cost ($62,100)

Gross Profit $27,900

Less Operating expenses:

Variable operating expenses $8,000

Fixed operating expenses $1,000

($9,000)

Operating Income $18,900

6 0

3 years ago