All categories

3 years ago

What is a grant in terms of college?

Business

1 answer:

sweet [91]3 years ago

6 0

Explanation:

Grants are financial aid given to students entering college. The money given does not need to be repaid, unlike loans.

Grants are funded by the government.

You might be interested in

For each activity, select the impact on the accounting equation. After doing all transactions, ensure that the accounting equati

AlladinOne [14]

Answer:

Impact of Transactions on the Accounting Equation:

Transaction Assets = Liabilities + Stockholders' Equity

1. 15,000 = 0 15,000

2. 9,000 = 9,000 0

3. 1,200 = 1,200 0

4. 2,400 = 2,400 0

5. -12,000+12,000 = 0 0

6. 3,000 = 0 3,000

7. -4,000 = -4,000 0

8. -2,400 = -2,400 0

9. 0 = -1,200 1,200

10. -1,000 = 0 -1,000

Totals $23,200 = $5,000 $18,200

Explanation:

a) Data and Analysis:

1. Cash, $15,000 Common Stock

2. Cash $9,000 Bank Loan $9,000

3. Cash $1,200 Deferred Revenue $1,200

4. Supplies $2,400 Accounts Payable $2,400

5. Prepaid Rent $12,000 Cash $12,000

6. Accounts Receivable $3,000 Service Revenue $3,000

7. Bank Loan $4,000 Cash $4,000

8. Accounts Payable $2,400 Cash $2,400

9. Deferred Revenue $1,200 Service Revenue $1,200

10. Dividends $1,000 Cash $1,000

7 0

3 years ago

Jordan, Inc., holds 75 percent of the outstanding stock of Paxson Corporation. Paxson currently owes Jordan $400,000 for invento

Marat540 [252]

Answer:

Because this is an inter-entity balance then the amount that should be eliminated of this debt is the letter D. all the $400,000.

Explanation:

Inter entity balance facilitates the management of allocations and transfers between entities. They provide a better control over transactions spanning multiple entities, other benefit is that the accuracy of the financial data improves and finally and this is why the anser is option D. is that it keeps each entity in balance

4 0

3 years ago

What are the most important information needs that a governmental annual report should fulfill for each of the following: ______

vladimir2022 [97]

Answer:

1. Compensation for employment services that they offer.

2. Disbursement in sufficient proportions of the available funds.

3. How the government have used their tax money.

4. The ability and capacity of the government to honor debts.

Explanation:

Each stakeholder to the governmental annual report hold a different need compared to the other. Therefore it is important to pay attention to whom the financial statements speaks to. The above shows the different needs of the stakeholders to governmental annual report.

8 0

4 years ago

In a certain year, the aggregate amount demanded at the existing price level consists of $100 billion of consumption, $40 billio

valkas [14]

Answer:

The answer is: decrease government spending or increase tax rates.

Explanation:

Nominal GDP is currently $170 billions (= $100 billions + $40 billions + $20 billions + $10 billions).

Since full employment GDP = $120 billions, the nominal GDP is much higher ($170 billions > $120 billions). So the government must try to cool the economy and the two main ways it can do it is by reducing government spending or by raising taxes which will lower private consumption.

5 0

3 years ago

If you sell 1,000 tickets at $50/ticket, 2,000 tickets at $60/ticket and 2,500 tickets at $65/ticket, what percentage of the rev

Charra [1.4K]

It’s 50% a ticket and it’s the right answer

4 0

3 years ago