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ohaa [14]
3 years ago
12

Desmond told his two friends, Marley and Brianna, that he was awarded a $10,000 grant for college if he becomes a math or scienc

e teacher. Desmond wants to teach physics.
Marley told him he should take the grant. Brianna told him not to take the grant. Which statement about their advice is true?

A. Marley is correct because a grant is like a gift and he can still get scholarships or loans to pay for the rest of his expenses.
B. Marley is correct because he can take the grant and then study whatever he chooses without paying it back if he changes his mind about his career.
C. Brianna is correct because he cannot get scholarships if he takes the grant and scholarships would pay more of his education costs.
D. Brianna is correct because grants are like loans and must be paid back. He should wait and see what scholarships and work-study programs he qualifies for.
Business
2 answers:
olga55 [171]3 years ago
6 0
<span>A. Marley is correct because a grant is like a gift and he can still get scholarships or loans to pay for the rest of his expenses.
        There are three major ways of obtaining money to pay for advanced education. Loans, grants, and scholarships. As the name implies, a loan is the borrowing of money with the expectation that the loaned money will be paid back at a later date with accumulated interest. Grants are what you can consider to be a "gift with an obligation" where if you fail to uphold the obligation, the grant gets converted into a loan that you need to pay off. And finally, scholarships are straight out gifts that you don't need to pay back. So the grant offer to Desmond is for his becoming a math or science teacher for a some period of time. Since he wants to teach physics, this grant would be ideal for him. So let's look at the options and see what does and does not make sense. A. Marley is correct because a grant is like a gift and he can still get scholarships or loans to pay for the rest of his expenses. * This is exactly correct and therefore the correct answer. B. Marley is correct because he can take the grant and then study whatever he chooses without paying it back if he changes his mind about his career. * NO. If Desmond decides to not become a math or physic teacher, the grant suddenly converts into a loan that must be paid off. C. Brianna is correct because he cannot get scholarships if he takes the grant and scholarships would pay more of his education costs. * The acceptance of a grant doesn't prohibit getting scholarships. So this choice is false and therefore wrong. D. Brianna is correct because grants are like loans and must be paid back. He should wait and see what scholarships and work-study programs he qualifies for. * Grants don't need to be paid back if the receiver honors their service commitment. So this choice is also false and therefore wrong.</span>
sergiy2304 [10]3 years ago
5 0

Answer:

a. Marley is correct because a grant is like a gift and he can still get scholarships or loans to pay for the rest of his expenses.

Explanation:

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Answer:

E. I, II, III, and IV

Explanation:

Managers are hired and trusted with the responsibility of serving and making decision for the best interest of stockholders. This involves investing in projects that only add value to shareholders. One incentive to make them maintain this is through allowing managers to own company stocks, have stock options plans; that way they would know any risky decisions will directly affect their share value. Additionally, managers faced with threats of proxy fight and conversion of the company to partnership will have low incentives to  pursue their own self interests because the new company policies may not be as favorable.

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On January 1, 20X8, Package Company acquired 80 percent of Stamp Company's common stock for $280,000 cash. At that date, Stamp r
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Answer:

Comprehensive income attributable to the controlling interest for 20X8 is $119,000

Explanation:

Stamp Corporation

Year             Net Income           Comprehensive Income          Dividends Paid 20X8             $ 25,000                       $ 30,000                            $ 5,000

20X9              $35,000                       $45,000                             $ 10,000

The amount of comprehensive income attributable to the controlling interest for 20X8 ;

Comprehensive income of Stamp Corporation = $30,000  

Less: Annual amortization of intangible assets acquired on acquisition (50000/8) = $6,250  

Comprehensive income of Stamp Corporation after adjustment = $23,750  

Income attributable to controlling interest = 80% × $23,750 = $19,000  

Net income of Package Company = $100,000  

Comprehensive income attributable to the controlling interest = Income attributable to controlling interest + Net income of Package Company

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8 0
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3 years ago
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Explanation: This problem can be solved by using following equation :-

Let John's hourly wage rate be J, Mary's hourly wage rate be M and Dennis hourly wage rate be D, therefore :-

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AND,

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