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Ray Of Light [21]
4 years ago
14

Based on the lesson and your research, how would you fund a four-year college degree? In two to three sentences, explain your ch

oices.
Business
3 answers:
LekaFEV [45]4 years ago
9 0
You can fund a four-year college degree by either of the following:

1. Loans
Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.

2. Scholarships
Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.

3. Work-study programs
They operate with the financial aid office of the school. However, they require the student's determination and financial needs. 
Rina8888 [55]4 years ago
7 0

I would apply for several scholarships and grants so that I could avoid getting too many loans. Working a part-time job in a work-study program will help me save some money toward my expenses. I could also take out a limited number of loans to responsibly cover the rest of my expenses.


Alexisj3 years ago
0 0

i need help on this one

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If the maximum operating capacity of the Gobblecakes bakery is 12,000 cupcakes annu- ally, determine the break-even volume as a
bixtya [17]

Answer:

(a) 65.22%

(b) $28,800; $38,400; $9,600

Explanation:

Total cost:

= variable cost + fixed cost

= (12,000 × 0.90) + 18,000

= 28,800

Total Revenue:

= quantity of cupcakes sold × selling price of each cupcake

= 12,000 × 3.2

= 38,400

Profit:

= Total revenue - Total cost

= 38,400 - 28,800

= 9,600

Break even sales:

= Fixed cost ÷ contribution margin

= 18,000 ÷ (3.2 - 0.90)

= 7,826.087

Break even volume in capacity:

= Break even sales ÷ Cupcakes produced

= 7,826.087 ÷ 12,000

= 65.22%

8 0
3 years ago
During the year, Belyk Paving Co. had sales of $2,384,000. Cost of goods sold, administrative and selling expenses, and deprecia
Zina [86]

Answer:

(a) Income Statement

                                  Belyk Paving Co.

                    Income statement for the year xxxx

Sales                                                      $2,384,000

Cost of goods sold                               $1,441,000

Gross Profit                                            $943,000

Administrative and selling expenses   $436,600

Depreciation expense                           $491,600

Operating Income                                  14,800

Interest expense                                    $216,600

Income before Tax                                ($201,8000)

Tax rate 35%                                          <u> $0             </u>

Net Loss                                                  <u>($201,800)</u>

(b) operating Cash flow

Net Loss                                                       ($201,800)

Add: Non cash Expenses (Depreciation)   <u> $491,600</u>

Cash flow from operating activities            <u> $289,800 </u>

6 0
3 years ago
8. In the next year, Bill again, earned $55,000 gross income. He purchased a house Jan 1st 2015, for $187,500. He put down 20% d
shusha [124]

Answer:

The monthly payment due will be $18750.

Explanation:

6 0
4 years ago
Identify the types of goods or services that indigenous(informal) bookkeeping they provide to their customers?
MArishka [77]
Informal or indigenous bookkeeping system is defined as the system where a user makes only one entry to enter a business financial transaction. This is regarded as a “single entry system”. The type of services they rovide include a daily summary of cash receipts and a monthly record of receipts and expenses.
3 0
4 years ago
Problem 8-12 (Algo) A firm uses a serial assembly system and needs answers to the following: a. An output of 800 units per shift
juin [17]

Answer:

the required time is 36 seconds

Explanation:

The computation of the required time is given below:

= Production time available ÷ desired output

= (8 hours × 60 minutes × 60 seconds) ÷ 800 units

= 28,800 ÷ 800

= 36 seconds

hence, the required time is 36 seconds

5 0
3 years ago
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