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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, there will not be a debt after finishing school with grants and scholarships.

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Three Waters Co. is a small company and is considering a project that will require $700,000 in assets. The project will be finan

lidiya [134]

Answer:

15.00%

Explanation:

The formula to compute the return on equity is shown below:

Return on equity = (EBIT × 1 - tax rate) ÷ (total equity)

= ($140,000 × 0.75) ÷ ($700,000)

= ($105,000) ÷ ($700,000)

= 15%

It shows a relationship between the earning after tax and total equity in respect of assets required for the project so that the accurate return can come

8 0

3 years ago

Read 2 more answers

When assessing the value of a business, is most important.

Mademuasel [1]

When it has a strong demand from consumers and slightly more supply then it's demand. And of course, if the company is more famous, provides good quality service, and has little down peak of it's business.

I hope it helped you!

7 0

3 years ago

Read 2 more answers

Farmer Joe is planning to purchase a new hog farm. He anticipates making $20,000 the first year, $25,000 the second year and $30

Pachacha [2.7K]

Answer:

The simple rate of return is 37.5%

Explanation:

Simple rate of return is the percentage of return on investment that takes the net annual return cash flow of an investment and compare with initial capital of the investment. It is calculated with this formula:

Total annual return - Depreciation expense

Initial capital outlay

For farmer Joe, the simple rate of return is:

$20,000 + $25,000 + $30,0000 -$0 x 100

$200,000

= $75,000 x 100

$200,000

= 37.5%

Depreciation expense is assumed to be zero.

6 0

2 years ago

Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for Januar

Zigmanuir [339]

Answer:

Total Contribution Margin= $50,388

Explanation:

Giving the following information:

Sales (3,400 units) $ 88,400

Variable expenses 43,316

We need to calculate the selling price and unitary variable cost:

Selling price= 88,400/3,400= $26

Unitary variable cost= 43,316/3,400= $12.74

Now, we can calculate the total contribution margin for 3,800 units.

Sales= 26*3,800= 98,800

Variable cost= 12.74*3,800= (48,412)

Contribution margin= 50,388

3 0

2 years ago

The network marketing sales system works by recruiting independent businesspeople who act as distributors.

Blababa [14]

Answer: False

Explanation:

The above statement that network marketing sales system works by recruiting independent businesspeople who act as distributors is wrong.

It is the multilevel marketing sales system works by recruiting independent businesspeople who then act as distributors.

6 0

2 years ago