Statistics are used to describe the basic characteristics of study populations and other data sources.
To maintain a low student loan repayment burden, the Consumer Financial Protection Bureau suggests student loan payments should not exceed 8% of your gross salary. A student loan is a form of loan that is intended to assist the students in paying for post-secondary education and associated fees such as tuition, books and supplies, and living expenses.
It may differ from the other forms of loans in that the interest rate is significantly lower and the re- payment plan is deferred while the student is still enrolled in the school. Many countries also have strong laws governing the renegotiating and bankruptcy.
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Answer:
36%
Explanation:
For the computation of the company's return on equity first we need to follow some steps which is shown below:-
Step 1
Earnings before tax = EBIT - Interest
= $452,000 - $152,000
= $300,000
Step 2
Earnings after interest and taxes = Earnings before tax - Tax
= $300,000 - ($300,000 × 40%)
= $300,000 - $120,000
= $180,000
Step 3
Asset turnover ratio = Total revenue ÷ Total assets
3.6 = $4,000,000 ÷ Total assets
Total assets = $1,111,111.11
Step 4
Equity ratio = 1 - Debt ratio
= 1 - 0.55
= 0.45
Step 5
Total Equity = Equity ratio × Total assets
= 0.45 × $1,111,111.11
= $500,000
and finally
Return on Equity = Net income ÷ Equity
= $180,000 ÷ $500,000
= 0.36
or
= 36%
In an open economy, expansionary fiscal policy increases in government spending can raise interest rates, which raises the dollar's value and pushes out net exports is the reason of effectiveness Expansionary monetary policy.
<h3 /><h3>What is Expansionary monetary policy?</h3>
Expansionary policy, often known as loose policy, is a macroeconomic policy aimed at boosting economic growth.
Monetary or fiscal policy can both be used to expand the economy or a combination of the two.
It is part of Keynesian economics' overarching policy prescription for reducing the negative effects of economic cycles during slowdowns and recessions.
Thus, increases in government spending can raise interest rates is the reason of effectiveness Expansionary monetary policy.
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Answer:
There is no full form of manager