Answer:
firm must borrow $132,000 to achieve the target debt ratio
correct option is a. $132,000.00
Explanation:
given data
Total Assets = $330,000
Desired Debt/Assets Ratio = 40%
to find out
firm borrow to achieve the target debt ratio
solution
we get here funds to be borrowed through debt
Value of Debt = Total Assets × Desired Debt/Assets Ratio ...........1
put here value we get
Value of Debt = $330,000 × 40%
Value of Debt = $132,000
so that we can say firm must borrow $132,000 to achieve the target debt ratio
correct option is a. $132,000.00
Answer:
entities.
Explanation:
First of all, in project management, an entity is any physical resource, concept or incident which is important to the development of the project and can be recorded.
Usually entities are tracked using an entity relationship diagram that shows hows this entity relates to the project, its importance and its main attributes.
<h2>Grants are typically needs-based while scholarships are typically merit-based.
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Explanation:
Option 1:
This is invalid because grands are usually need based and scholarships are usually merit-based.
Option 2:
This is the right answer.
Grants are often given considering the family background in terms of financial situation.
Merit-based are often based on GPA that the student secure
Option 3:
This stands invalid because you need not write any essay.
Option 4:
This is also invalid because both Federal and state governments offer both Grants and merit-based scholarships.
