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Illusion [34]
3 years ago
13

Felipe was excited to find out that he was accepted at the college of his choice, but knew that he would need financial aid to p

ay for it. Luckily, he was approved for a government grant. What does this mean for Felipe?
Business
1 answer:
Ahat [919]3 years ago
7 0

Answer: Since Felipe was given a government grant, this means that Felipe can now go to college.

Explanation:

A government grant for college is when money is given to a student to attend school. The money from a grant is not to be repaid like other types of school loans and aid.

The student is bestowed this grant money so they can get an education worry free. One of the most popular grants for college is the Pell Grant and the FAFSA. Grants can be given by the federal government, state governments, or a private organization.

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Today is my birthday 16 november 2020​
bixtya [17]
Yo no way congrats bro have a good day
7 0
3 years ago
Read 2 more answers
Unilever discovered that people in emerging economies could not afford to buy standard sizes of toothpaste or shampoo, so Unilev
Nata [24]

This is an example of reverse innovation.

<h3><u>Explanation:</u></h3>

Reverse innovation is the process by which the goods are produced as an inexpensive model for the purpose of meeting the requirements of the nations. It is an important phenomenon for the GDP growth of any nation. It also gives an opportunity for learning by engineering students.

In the given example, Unilever found that people in the emrging econmies will not affod buying toothpastes or shampoos of standard size and hence they decided sell single serve packets at lower prices. It also worked in U.S too. This is an example of Reverse Innovation.

3 0
3 years ago
Myers Corporation's stock currently trades at $40 a share. Investors estimate that the year-end dividend will be $2.00 a share a
Fofino [41]

Answer: 10.2%

Explanation:

The formula to solve this question will be: Re =D1/P0(1 - float) + g

where,

D1 = $2.00

P0 = $40

Float = 4% = 4/100 = 0.04

g = 5% = 5/100 = 0.05

We will then solve Myers' cost of new external equity by slotting the values into the formula written. This will now be:

Re =D1/P0(1 - float) + g

= 2/40(1 - 0.04) + 0.05

= 2/(40 × 0.96) + 0.05

= 2/38.4 + 0.05

= 0.052 + 0.05

= 0.1020

= 10.2%

Myers' cost of new external equity will be 10.2%

4 0
4 years ago
The manager of Synergy Company's Stock Division projects the following for next year: Sales $195,000 Operating income 70,000 Ave
likoan [24]

Answer: $12,250

Explanation:

Given Data;

Sales = $195,000

Operating income = $70,000

Average Operating assets = 385,000 Additional investment = $50,000

minimum rate of return is = 15%.

Residual income = operating income - (minimum required return x operating assets).

= $70,000 - ( 0.15 * 385,000)

= $12,250

Residual income without the Added investments is $12,250

6 0
3 years ago
All the business forms listed below have limited liability except the
Westkost [7]
Ummmmm u didn’t put anything down there
5 0
3 years ago
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