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2 years ago

A student should first borrow federal loans because of:_______

1 answer:

Crank2 years ago

8 0

A student should first borrow federal loans because of relatively low interest rates, borrower friendly repayment options, and potential interest subsidy.

Federal student loans are advantageous because they generally have the lowest interest rates and don't require a credit check. These loans can be subsidized or unsubsidized. To receive a subsidized loan, you must demonstrate financial need.

Federal student loans generally have lower interest rates than private loans. Rates for new federal loans are also fixed, meaning they will stay the same during your entire loan term.

Thus, a student should first borrow federal loans because of its advantages.

Hence, option F is correct.

To learn more about federal loans here:

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Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an

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Answer:The new machinery must be depreciated using the same method as the previously purchased Machinery.

Explanation:

This is in line with the consistent concept which states a company must be consistent in the application of accounting principles to his activities.

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3 years ago

When supply goes down and/or consumer demand goes up, what usually happens to the price?

Mashcka [7]

demand decreases, and supply increases. This is easy, the price will drop for sure, but if supply curve shifts right a lot more than the demand curve shifts left, then the new equilibrium point will mean more quantity is supplied at a much lower price. demand increases, and supply decreases.

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4 years ago

Read 2 more answers

Jeters Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5

HACTEHA [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

June 1:

Inventory: 120 units for $5= $600

June 12:

Purchase: 370units for $6= $2,220

June 23:

Purchase: 200 units for $7= $1,400

June 30:

Ending Inventory 230 units

Units sold= 460

Under FIFO method, the first units-in are the first to go out. Therefore, the ending inventory has the value of the last units purchased.

Inventory= 200*7 + 30*6= $1,580

COGS= 120*5 + 340*6= $2,640

Under LIFO method, the lasts units-in are the first out.

Inventory= 120*5 + 110*6= $1,260

COGS= 260*6 + 200*7= $2,960

Under the average cost method, we calculate an average buying price and then calculate the ending inventory and cost of goods sold:

Average price= (5 +6 +7)/3= 6

Inventory= 230*6= $1,380

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The highest ending inventory is from FIFO method.

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3 years ago

An insured's CGL has a Products and Completed Operations Aggregate Limit of $100,000 with a $20,000 limit per occurrence. Follow

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Answer:

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Explanation:

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4 years ago

Just as important as having the internal post-project meetings within the project organization is having a post-project evaluati

Paul [167]

Answer:

Yes, If not more important than the internal post-project meetings.

Explanation:

The end of the execution phase of a project is not actually the completion of a project because there must be verification by both the executioner company and the customer or sponsor who awarded the project.

The verification of whether the execution of the project was done according to pre-execution standards set in the project planning phase in terms of 'project scope' 'project time' and 'project cost' will have to be done by the company as a way of self-assessment but ultimately by the sponsor. It is arguable that the sponsor is the stronger voice in the project execution assessment stage because 'he who pays the piper dictates the tune'.

The reasons why such post-project evaluation meeting with the customer is important is that:

1. Project Scope: The customer has to certify that the benefits to be delivered by the project are actually been delivered, which is the reason why the project was awarded in the first instance.

2. Project Time: The customer will have to agree that the project has been carried out within the agreed time-frame, and there will be no penalties for delay in execution of the project. Penalties for time-delay in project execution could carry significant consequences as the customer could trigger the liquidated damages clause in the contract.

Project Cost: Another point of consideration is whether or not the project has been done within budget.

All of these considerations have to be made between both parties before a successful project handover.

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3 years ago