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3 years ago

Why is it important to seek as much aid as possible through scholarships and grants?

Business

1 answer:

SIZIF [17.4K]3 years ago

8 0

Answer:

The correct answer is letter "B": They are both forms of free money that you will not need to pay back after you graduate.

Explanation:

One of the biggest benefits of grants and scholarships while financing your college expenses is the fact that the amount of money provided for school is not repaid. Compared to college loans that have high-interest rates, <em>there will not be a debt after finishing school</em> with grants and scholarships.

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Your firm is considering a project that will cost $ 4.548 million up front, generate cash flows of $ 3.50 million per year for

Alika [10]

Answer:

(a) It will have multiple IRRs

(b) The MIRR calculated is 10.18% . Going by MIRR result , this project will only generate returns that is equal to cost of capital(10%) .If there are other avaible more viable projects, it should be rejected ( Please see attached computation).

Explanation:

(a) The multiple IRRs occurs when cash flows change sign and result in more than one value for the IRR.

Application of IRR to value an investment is only suitable when the project has normal cash flows, i.e a negative initial cash flow (i.e initial investment) followed by a series of positive cash flows.

In this scenario, we have negative cash flow of $6m in year 4 which occured after positive cash flow of $3.5m per year from year 1 to 3. This typically make IRR unreliable. To overcome this limitation , we can use Modified Internal Rate of Return (MIRR)

(b) Please see attached for more details.

Download xlsx

4 0

3 years ago

June 1 Stockholders invested $21,800 cash in the business in exchange for common stock. 2 Purchased a used van for deliveries fo

True [87]

Answer:

June 1st

Cash 21,800 debit

Common Stock 21,800 credit

June 2nd

Van-automobile 14,200 debit

Cash 4,000 credit

Note payable 10,200 credit

June 3rd

Rent expense 400 debit

Cash 400 credit

June 5th

Accounts receivables 5,200 debit

Sales Revenue 5,200 credit

June 9th

Dividends 300 debit

Cash 300 credit

June 12th

Supplies 200 debit

Accounts Payable 200 credit

June 15th

Cash 1,400 debit

Accounts receivables 1,400

June 17th

Gasoline expense 200 debit

Accounts Payable 200 credit

June 20th

Cash 1,300 debit

Service Revenue 1,300 credit

June 23th

Note payable 600 debit

Cash 600 credit

June 26th

utilities expense 350 debit

cash 350 credit

June 29th

accounts payable 200 debit

cash 200 credit

June 30th

salaries expense 1,730 debit

cash 1,730 credit

Explanation:

Rules to perform journal entries:

credit = debit

also there should be at lease one account on debit and one in credit.

We must also remember that debits must be enter first.

Also, each acount must represent a single event or stuff. It cannot represent both stuff.

7 0

3 years ago

Sourcing a supply from a small, women-owned business is an example of a corporate social responsibility action to A. E) protect

topjm [15]

Answer:

promote workforce diversity.

Explanation:

Corporate Social Responsibility pertains to corporate responsibility towards society to achieve its goals, missions, and targets.

The organisation could not operate for a longer time without the company's permission because it would harm the community well-being and eventually the organisation needs to shut down its operations.

And we promote or motive or encourage the workforce diversity then it would be an example of corporate social responsibility by considering a supply from a small, owned business

7 0

3 years ago

Production 54,000 units 60,000 units Machine-hours 985 hours 1,800 hours Fixed overhead costs for September $53,400 $90,000 The

Juli2301 [7.4K]

Answer:

The fixed overhead production-volume variance is $9,000 U

Explanation:

In this question, we are tasked with calculating the fixed overhead production-volume variance.

We start by calculating the fixed overhead applied to production.

mathematically that is equal to : 54,000 * 0.03 * 50 = 81,000

The budgeted fixed overhead = 90,000

Mathematically,

Fixed overhead production-volume variance = Budgeted fixed overhead - fixed overhead applied to production = 90,000 - 81,000 = $9,000 U

6 0

3 years ago

Regarding the Production Possibilities Curve, a decrease in the unemployment rate will most likely

PolarNik [594]

Regarding the Production Possibilities Curve, a decrease in the unemployment rate will most likely move us from a point inside the PPC to a point closer to the PPC.

Option B;

<u>Explanation: </u>

The curvature of production options measures the maximum capacity of two items by means of a specified input amount. There was a misunderstanding. Each item on the curve indicates how much every good is generated when assets change from one good to another. The curve tests the difference between one positive and another.

As somewhat of a movement within the Curve of production opportunities it may be decreased to a point nearer to the Curve of production opportunities as an inside point .

4 0

3 years ago