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3 years ago

Which of the following statements about federal student loans is true

1 answer:

6 0

What are the answer choices?

if these :
A) the interest rate on your loan will be fixed over time.
B) the interest rates on federal loans and private loans are similar.
C) you can only get federal student loans if you demonstrate financial need.
D) you do not accumulate interest on federal loans.

are your choices, than your answer should be A.
The statement that is true about federal student loans would be that the interest rate on your loan will be fixed over time.

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PRO FORMA INCOME STATEMENT Austin Grocers recently reported the following 2016 income statement (in millions of dollars): Sales

padilas [110]

Answer:

Net income = $169.2

Growth in dividend = 76.25%

Explanation:

The projected figures are as below:

Sales = $700 x (1 + 15%) = $805 (15% increase in sales)

Operating costs including depreciation = $805 x 60% = $483 (60% of sales)

Interest expense = 40 (remain constant)

EBIT = Sales - Operating costs including depreciation = $805 - $483 = $322

EBT = EBIT - Interest expense = $322 - $40 = $282

Net income = EBT x (1 - Tax rate) = $282 x (1 - 40$) = $169.2

Dividend = Net income x Dividend payout ratio = $169.2 x (32/96) = $56.4

Growth in dividend = $56.4/$32 = 76.25%

4 0

3 years ago

A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are

DENIUS [597]

Answer:

Total indirect manufacturing cost= $75,450

Explanation:

Giving the following information:

12,000 units:

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 5.00

First, we need to calculate the total fixed manufacturing overhead:

Total fixed overhead= 5*12,000= $60,000

Now, for 10,300 units:

Total indirect manufacturing cost= 60,000 + 10,300*1.5

Total indirect manufacturing cost= $75,450

7 0

3 years ago

On December 30, you decide to make a $2,500 charitable donation. (Assume you itemize your deductions.) (a) If you are in the 24

Crank

Answer:

$600

Explanation:

Calculation to determine how much will you save in taxes for the current year

Using this formula

Tax savings = Tax rate × Tax deduction

Let plug in the formula

Tax savings= 0.24 × $2500

Tax savings =$600

Therefore how much will you save in taxes for the current year is $600

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3 years ago

Examine the equal opportunity laws of another country, not the United States. Are the laws in other countries as much a concern

ira [324]

Answer:

The equal opportunity laws of another country, not the United States is discussed below in details.

Explanation:

An equal opportunity system is a certificate that declares what measures a company takes to eliminate and stop discrimination in the workplace.

The United Kingdom employment equality law is an organization of law that legislates against prejudice-based activities in the workplace.

The prime legislation is the Equality Act 2010, which condemns discrimination in passage to education, government services, private services, and goods, or assumptions in addition to employment.

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3 years ago

The partnership agreement of J. Hansen and D. Hernandez reflects differences in service and capital contributions as follows: (1

jasenka [17]

Answer:

$60,000

Explanation:

Hansen's annual salary allowance= 30,000

Hernandez's annual salary allowance= 10,000

annual interest allowance of Hensen= 0.1 × 50,000= 5000

annual interest allowance of Hernandez= 0.1 × 50,000= 5000

Remaining balance=100000- 5000-5000-30000-10000= 50000

Share of each partner from remaining balance= 25000

Hensen's income= 25,000+ 5000+ 30000= 60,000

6 0

3 years ago

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