All categories

3 years ago

Which of the following statements about the Federal Application for Student Aid (FAFSA) is TRUE?

2 answers:

7 0

Using the FAFSA form, you can apply for federal student loans and the federal work-study program. The IRS Data Retrieval Tool allows you to view and transfer your tax information directly into your FAFSA form. Federal Student Loan is the way to pay for your higher education that will require you to pay back the money you receive.

laiz [17]3 years ago

3 0

Using the FAFSA form, you can apply for Federal student loans, the federal work-study program, grants, federal student loans, and even state and school financial aid.

The following statements about the FAFSA is true:

The IRS Data Retrieval Tool allow's you to view and transfer your tax information directly into your FAFSA form. Correct answer:C

You might be interested in

a manufacturer of games sell each copy for 21.95.the manufacturing cost of each copy is 14.92. monthly fixed cost is 8500. durin

natali 33 [55]

The break-even point is calculated as -

Break-even point (in units) = Fixed cost ÷ Contribution margin per unit

Here,

Selling price = $ 21.95

Variable cost (manufacturing costs) = $ 14.92 (since, costs bifurcation is not given, the manufacturing costs are taken as variable costs)

Contribution per unit = Selling price - Variable cost (manufacturing costs)

Contribution per unit = $ 7.03

Fixed cost (monthly) = $ 8500

Now,

Break-even point (in units) = $ 8,500 ÷ $ 7.03

Break-even point (in units) = 1,209.1 or 1210 games

7 0

4 years ago

Which of the following is likely to occur as the result of the law of diminishing marginal utility? A. Petra's utility from he

Rus_ich [418]

Answer:

The correct answer is option C.

Explanation:

The law of diminishing marginal utility means that keeping other things at constant the marginal utility derived from the consumption of a commodity goes on declining with each additional unit of the commodity.

So, the marginal utility from the first unit will be highest, that from second unit will be lesser, that from third even lower and so on.

In the examples given above, Wesly's case is most applicable to this.

So, option C is the correct answer.

4 0

3 years ago

Select all that apply Workplace diversity benefits:

padilas [110]

Workplace diversity benefits the employers

According to data, employers who have a wide diversity in their employees tend to :
- Have less discrimination lawsuit
- increased productivity
- and a more positive company image in the eyes of society

3 0

3 years ago

Read 2 more answers

Angus Company agreed to sell goods for Longhorn Company on consignment, but wasn't willing to take ownership of the goods in cas

vladimir2022 [97]

Answer: D. Longhorn owns the inventory and should report it on its balance sheet.

Explanation:

Goods to be sold on consignment for a company means a company is selling goods for another company and will be paid for their services.

In that case, the company being sold for will retain the ownership of the goods because the company that is selling it for them is simply providing a service.

Angus in this scenario are simply holding the goods to sell it and so do not own the goods. Longhorn should therefore record it in their own books as inventory.

3 0

3 years ago

The gross earnings of the factory workers for Larkin Company during the month of January are $91,000. The employer's payroll tax

cestrela7 [59]

Answer:

Explanation:

The journal entry is shown below:

(a) Factory Labor/Expenses A/c Dr $103,800

To Factory wages payable $91,000

To Employer payroll taxes payable $7,700

To Fringe benefits payable $5,100

(Being labor expenses are recorded)

(b) Direct labor A/c Dr $87192 ($103,800 × 84%)

Indirect labor A/c Dr $16,608 ($103,800 × 16%)

To Factory Labor $103,800

(Being factor labor is assigned)

7 0

3 years ago