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3 years ago

A low-interest loan for students who demonstrate financial need is a(n):

Business

1 answer:

Paul [167]3 years ago

4 0

The answer is: D. Direct Subsidized Loan

The main characteristic of a Direct Subsidized Loan is that the loan interest is set at a fixed rate by the government and would not be accrued. This means that even if the student in financial needs somehow late in making payments, the amount of his/her total loan would not be increased.

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Trent Co. reports the following information: Net cash provided by operating activities $430,000 Average current liabilities 300,

Akimi4 [234]

Answer:

$90,000

Explanation:

Data provided in the question:

Net cash provided by operating activities = $430,000

Average current liabilities = $300,000

Average long-term liabilities = $200,000

Dividends paid = $120,000

Capital expenditures = $220,000

Purchase of treasury stock = $22,000

Payments of debt = $70,000

Now,

Trent's Free cash flow

= Net cash provided by operating activities - Capital expenditures - Dividends paid

= $430,000 - $220,000 - $120,000

= $90,000

3 0

3 years ago

An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of a:

DiKsa [7]

An antique dealer buying items and hoping to sell them for more than he or she paid for them is the very definition of a business. A business is economic system that includes commercial and industrial activities through production and sales or exchange of goods and services.
In every business there are investment and customers . In this case the investment is buying antiques and the customers are people interested in antique works.

3 0

3 years ago

Blackstone Technology is planning to invest in some project using external equity. The company has a beta of 1.1. The return on

Salsk061 [2.6K]

Answer:

Cost of equity = 19.1 %

Explanation:

Cost of equity = required rate of return + flotation cost

The Capital assets pricing model would be used to determined the required rate of return

The capital asset pricing model (CAPM): relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c

Using the CAPM , the required rate of return is given as follows:

E(r)= Rf +β(Rm-Rf)

E(r) - required return

β- Beta

Rm- Return on market

Rf- Risk-free rate

DATA

E(r) =? , Rf- 3%, Rm-14% , β- 1.1, flotation cost - 4%

E(r) = 3% + 1.1× (14% - 3%) = 15.1 %

Cost of equity = required rate of return + flotation cost

= 15.1 % + 4% = 19.1 %

Cost of equity = 19.1 %

7 0

3 years ago

Net working capital increases when: Multiple Choice inventory is sold at cost. fixed assets are purchased for cash. inventory is

sashaice [31]

Answer:

d. inventory is sold at a profit

Explanation:

Net working capital increases when inventory is sold at a profit

Net working capital = Current Assets - Current Liabilities . Cash, Inventory and receivables are part of current assets

Hence, when inventory is sold at profit, cash received is more than decrease in inventory and hence, current asset increase and hence, working capital increases. When it is sold at cost, it remains the same. Purchase of inventory on credit will lead to same amount increase in current assets and current liabilities. Payment by customer will lead to increase in cash and decrease in accounts receivable, Hence, no impact

6 0

2 years ago

Before going into a prospect's office, the secretary advised the new salesperson that her boss likes facts and figures and is su

Nookie1986 [14]

Answer: ANALYTICALS/ ANALYTICAL THINKERS

Explanation:

Analytical thinkers are known to use knowledge and facts to get to a decision. They prefer to know all they can about a subject before they comment on it and as such rarely jump to conclusions. They are usually introverted as well and prefer not to deal with others.

This is why it stands to reason that the prospect is an Analytical.

4 0

3 years ago

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