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3 years ago

What type of financial aid does not require you to pay money back

Business

2 answers:

9966 [12]3 years ago

8 0

Section 8 does not require you to pay them back

Sindrei [870]3 years ago

6 0

Pell grant - allotted amount of money you are eligible to get based on your parents tax return from the past year. does not require you to pay it back

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Dexter Industries purchased packaging equipment on January 8 for $98,000. The equipment was expected to have a useful life of th

Flauer [41]

Answer:

a. $30,667

a.1. $92,001

b. $41,308

b.1. $92,000

c. $65,334

c.1. $94,370

2.The method that yields the highest depreciation on year 1 is Double declining balance, in the amount of $65,334

3. The method that yields the most depreciation the 3 years is Double declining balance in the total amount of $94,370

Explanation:

1. A (straight line method)

(98,000-6,000) / 3 years = 30,667

A.1. 30,667 x 3 years = 92,001

B. (Units-of-activity method)

Formula : [(cost - salvage value) x hours for the preiod] / total eatimated hours

[(98,000-6,000) x 8,980 ] / 20,000

41,308

B.1. Year 1

[(98,000 -6,000) x 8,980] / 20,000

41,308

Year 2

[(98,000-6,000) x 6,930] / 20,000

31,878

Year 3

[(98,000-6,000) x 4,090] / 20,000

18,814

Thus, 41,308 + 31,878 + 18,814 = 92,000

C. (double declining method)

formula : 100% / years x 2

100%/3 x 2 = 66.67%

98,000 x .66667 = 65,334

C.1. Year 1 = 65,334

Year 2

(98,000 - 65,334) x .66667 =21,777

Year 3

(98,000 - 65,334 - 21,777) x .66667 = 7,259

Thus, 65,334 + 21,777 + 7,259 =94,370

7 0

3 years ago

This is due at 12. please help me

Over [174]

1. 110
2. 75
Won 110
Lost 35.
I tried my best sorry if it wrong.

5 0

3 years ago

In the presence of producer producer rivalry the price will tend to be ___.

vodomira [7]

Answer:

The correct answer is letter "A": be driven to a lower price.

Explanation:

Typically, when there is a producer to producer competition, the competing companies tend to lower their product prices. This happens because of the belief consumers are mainly price driven at the moment of discriminating in choosing to buy one good over another. Though, it allows consumers to at least have a couple of sources from where to choose at a fair price.

6 0

3 years ago

To qualify for the quantity discount, which of the following may not be joined together under the definition of any person?

Sedaia [141]

Answer:

C. Father and his 35-year-old son investing in separate account.

Explanation:

Quantity discount when offered relates to one particular account, and not multiple accounts at a time.

In a transaction joint accounts are called as single person where there is only one main account in consideration and no secondary account exists for the same.

As in the given options,

Option A of husband and wife investing in a joint account means a single account is made of which both the husband and wife are controllers.

Option B is of UTMA account which is made for the benefit of the minor child, although involves two people that is parent and child, but is run individually by the parent and is a single account.

Further Option C provides for separate investment accounts , which means two different accounts and therefore are completely different one of father and another of son, thus do not qualify of quantity discount jointly, either of the one account can claim the quantity discount as a person.

4 0

3 years ago

Now that you have studied monopolistic competition, let's see how well you can distinguish a firm in a monopolistically competit

vlabodo [156]

Answer:

Monopolistic Competition:

4. a firm that faces a downward sloping demand curve.

Perfect Competition:

1. a firm that produces with excess capacity in

3. a firm that may earn in an economy profit or loss in the short run

5. a firm that that maximizes profits profit in the long by producing where MR = MC

Both:

2. a firm that has a firm that sets price greater than marginal cost.

Explanation:

7 0

3 years ago