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3 years ago

After you send in your FAFSA form, what will you receive back

1 answer:

8 0

After you submit the Free Application for Federal Student Aid (FAFSA), you will be sent a Student Aid Report (SAR). If they have a valid e-mail address on file for you, they will send you an e-mail, within 3 to 5 days, with instructions on how to access an online copy of your SAR.

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All of the following are true regarding the guaranteed insurability rider except

docker41 [41]

Answer:

Option (C)

Explanation:

Guaranteed insurability rider is a person who is responsible to sell extra life insurances to the owners who already have life insurance. They visit the clients and attract them to buy a new one. Similarity, the rider usually charge premiums, but if an owner of life insurance is ill or seriously injured only then no additional premium is charged.

7 0

4 years ago

In a job order cost accounting system, the journal entry to record the flow of direct materials into production consists of a

Usimov [2.4K]

Answer:

Debit : Work In Process Account and Credit : Raw Materials Account

Explanation:

The Work In Process Account must be increased with the cost of raw materials being transferred to production from the Raw Materials Account.Whilst the Raw Materials Account must be decreased.

8 0

3 years ago

Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2018, 150 share

amid [387]

Answer and Explanation:

The journal entries are shown below:

On Mar 1

Cash (2,200 × $17) $37,400

To Common Stock (2,200 × $1) $2,200

To Paid in capital in excess of par - Common stock (2,200 × $16) $35,200

(Being the issuance of the common stock is recorded)

On April 1

Cash (150 × $32) $4,800

To Preferred stock (150 × $10) $1,500

To Paid in capital in excess of par - Preferred stock (150 × $22) $3,300

(Being the issuance of the preferred stock is recorded)

O Jun 1

Dividends $2,820

Dividends payable $2,820

(Being the dividends declared is recorded)

On June 30

Dividends payable $2,820

To Cash $2,820

(Being the dividends paid is recorded)

On Aug 1

Treasury stock (250 × $14) $3,500

To Cash $3,500

(Being the treasury stock is recorded)

On Oct 1

Cash (150 × $16) $2,400

To Treasury stock (150 × $14) $2,100

To Paid in capital in excess of par -Treasury stock (150 × $2) $300

(Being the reissue of treasury stock is recorded)

The computation of the dividend is shown below:

For common stock

= (2,200 + 2,200) × $0.60

= 4,400 × $0.60

= $2,640

For preferred stock

= (150 + 150) × $0.60

= $180

Total dividends is

= $2,640 +$180

= $2,820

4 0

3 years ago

Loni delivers her Mazda to be repaired at Nile’s Body Shop. Loni agrees to pay cash. Nile performs, but Loni does not pay. Nile

xxMikexx [17]

Answer: Option C

Explanation: Artisan's lien is a kind of lien that enables a craftsman to keep a piece of work unless it is compensated for. Lien applies to an individual's moral right to property of someone else if responsibility is not dismissed. The Lien of Artisan is also known as the mortgage loan of Materials.

In other words, It refers to form of lien which offers staff a private estate protection benefit before they are compensated on that estate for their work. In the given case, Loni did not pay for the services that were provided by Nile.

Thus, we can conclude that the given case depicts an artisans lien.

8 0

3 years ago

The demand curve of a monopolistically competitive firm A) is horizontal because the firm must cut its price to sell more. B) is

melisa1 [442]

The demand curve of a monopolistically competitive firm A) is horizontal because the firm must cut its price to sell more.

The demand curve of a firm that is perfectly competitive is horizontal at the market price.
As a result, every unit sold will result in it receiving the same price.
The difference in total revenue from selling one more unit at the constant market price is the marginal revenue that the company receives.

A monopolistically competitive firm's perceived demand curve slopes downward, indicating that it sets prices and selects a mix of quantity and price.

Why is the demand curve in monopolistic competition more elastic than a monopoly?

Firm's demand curve under monopolistic competition is more elastic than under monopoly because of availability of close substitutes under monopolistic competition.

Learn more about demand curve brainly.com/question/13131242

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3 0

2 years ago