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zlopas [31]
2 years ago
8

Financing options for post-secondary education:

Business
1 answer:
Firdavs [7]2 years ago
4 0

Answer:

B.

Explanation:

Federal grants can be defined as financial aid or grants provided by the US grants from the general federal revenue. These grants are provided by the government for various purposes, and one of those purposes are for monetary help for college and education.

The ways in which federal grants or financial assisstance is provided to students is through scholarships, grants, student loans, and work study.

Scholarships are based on academic merit, talents, etc. It is a type of free education that can be earned if students excel in their studies.

Grants is a financial aid that does not need to be repaid unless service, which is promised in return of grant, is done. Example of grants are TEACH, FSEOG, etc.

Work study are those financial  aids that helps students to earn on their own for their fees by doing a part-time job.

So, the correct answer is option B.  

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Morganti corporation sells a product for $170 per unit. the product's current sales are 41,800 units and its break-even sales ar
ololo11 [35]
To find the margin of safety in dollars, subtract the breakeven sales from the budged or actual sales. 

Current sales are 41,800 units 
Break even point in units is 33,900
Cost per unit is $170

(33,900)($170) = $5,763,000
(41,800)($170) = $7,106,000

The margin of safety in dollars is:
$7,106,000 - $5,763,000 = $1,343,000
3 0
2 years ago
When LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the
bija089 [108]

Answer:

False

Explanation:

The assertion is false that when LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the point of each sale, rather than from the most recent purchases for the period.

Under this method it is <u>at the end of the accounting year that the Inventory account is adjusted to equal the cost of the merchandise that is unsold.</u>

It is important to note that under LIFO periodic (not LIFO perpetual) <u>we wait until the entire year is over before assigning the costs. </u>Then we flow the year's last costs first, even if those goods arrived after the last sale of the year.

4 0
3 years ago
On January 1, 2020, Gerald received his 50% profits and capital interest in High Air, LLC in exchange for $2,000 in cash and rea
Y_Kistochka [10]

Answer:

$4,000;$3,500

Explanation:

Calculation to determine How much loss can Gerald deduct, and how much loss must he suspend if he only applies the tax basis loss limitation

Calculation for How much loss can Gerald deduct

Gerald's loss Deduction = [$2,000 + $3,000 - $2,000 + (50% × $2,000)]

Gerald's loss Deduction =[$2,000 + $3,000 - $2,000 + $1,000]

Gerald's loss Deduction=$4,000

Calculation for how much loss must he suspend

Loss to Suspend=(50%*$15,000)-$4,000

Loss to Suspend=$7,500-$4,000

Loss to Suspend=$3,500

Therefore the amount of loss that Gerald can deduct is $4,000 and the amount of loss that he must suspend if he only applies the tax basis loss limitation is $3,500

3 0
3 years ago
It was discovered that lead from paint leaked into the ground and caused many health problems, especially among children. Today,
omeli [17]
<span>The government has REGULATIONS to protect people from being harmed by lead.


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6 0
3 years ago
One assumption that distinguishes short-run cost analysis from long-run cost analysis for a profit-maximizing firm is that in th
scoray [572]
A. The size of the factory is fixed.

We know there will always be costs of rent and etc when running a business so even in the short run there is fixed costs. The output is always variable depending on the number of workers. The number of workers is also not fixed, but the size of the factory is because you cant just get up and move your business over night, it costs money and is a lot of work.  
8 0
3 years ago
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