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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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A scale used to weigh produce at a market has markings every 0.1 kg. which measurement for the mass of a dozen apples is correct
AleksAgata [21]

A scale used to weigh produce at a market has markings every<u> 0.1 kg</u>

Measurement for the mass of a dozen apples is correctly reported for this scale<u> </u><u>1.87 </u><u>kg</u>

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<h3>What is produced in the market?</h3>

Farm is a generalized term for many farm-produced crops, including fruits and vegetables (grains, oats, etc.

<h3>Why is it named produce?</h3>

Produce here refers to “fresh fruits and vegetables”. It's the noun understanding of that word, not the verb, and so its stress falls on the first syllable. Therefore the vegetables aisle is the place where such items are found.

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6 0
2 years ago
Radovilsky Manufacturing Company , in Hayward, California, makes flashing lights for toys. The company operates its production f
IRISSAK [1]

Answer:

Explanation:

Given Demand D = 12,500 lights per year

Set up cost S = $51

Cost of each light (C) = $1 .05

Holding cost = $0.1 per light per year

Production p= 100 lights per day

Usage (d) = 12,500/300 days = 41.66(round up to 42)

= 42 lights per day

a) What is the optimal sizeof the production run?

Q =√{(2×D×S) / (H(1-(d / p)))}

Q =√{(2×12500×51)/(0.1(1-(42/100)))}

= 4688.577 = 4689 units

Q = 4689 units

b) What is the average holding cost per year?

Average holding cost per year = average inventory level * H

= (Q/2)H[1- (d/p)]

= (4689/2)0.1[1-(42/100)]

= $135.98

c) What is the average setup cost per year?

average setup cost per year = (D/Q)S

= (12,500/4689)× 51

= 135.97

d) What is the total cost per year, including the cost of the lights?

Total cost = D*C + total set up cost + total holding cost

12,500 ×1.05 + 135.98 + 135.97

Total cost = $ 13,396.95

6 0
3 years ago
Kenny Electric Company's noncallable bonds were issued several years ago and now have 20 years to maturity. These bonds have a 9
murzikaleks [220]

Answer:

d. 5.08%

Explanation:

We have to first calculate the YTM of the bond, and then apply the tax shield.

To get the YTM we have to calculate the rate of return of an annuity of 46.25 for 20 years compounding semiannually at IRR rate and the present value of the face value redeem in 20 years.

C \times \frac{1-(1+r)^{-time} }{rate} +Face\:Value/(1+rate)^{time}= PV\\

46.25 \times \frac{1-(1+IRR/2)^{-20*2} }{rate} + 1000/(1+IRR)^{20}= 1075\\

IRR = 0.084656891 (it should be done using financial calculator or excel or a similar software program)

then we apply the shield tax to the IRR:

IRR x (1 - tax-rate) = Cost of debt

0.084656891 * ( 1 - 0.4) = 5.0794= 5.08

3 0
3 years ago
Note whether the following phenomena would be consistent with or a violation of the efficient market hypothesis.
denis-greek [22]

Answer:

D) Stock prices of companies that announce increased earning in January tend to outperform the market in February.    

Explanation:

The above is consistent with the Efficient Market Hypothesis. All others are a direct contravention.

<em>The efficient market hypothesis (EMH), also known as the efficient market theory, is a hypothesis that states that the prices of shares contain all information and that consistent alpha generation is impossible.</em>

According to the hypothesis, stocks always trade at their fair value on exchanges, making it impossible for investors to purchase undervalued stocks or sell stocks for inflated prices.

This means that it should not be possible to outperform the overall market through professional stock selection or market timing.

The only way according to EMH that an investor can obtain better returns is by purchasing riskier investments.  

By implication, this also means that it is not possible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information.  

You would note that in the option D, earning (which is a key driver for demand of stock) is announced in one month. The natural reaction would be for the demand for that stock to surge in the next month.

4 0
3 years ago
As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3. Cash $5,
Veseljchak [2.6K]

Answer:

$10,500

Explanation:

Calculation for Stanford Company's Working Capital

Using this formula

Working capital =Current Assets- Current Liabilities

Where,

Current Assets = Cash + Accounts Receivable + Inventory + Prepaid Insurance

Current Assets = ($5,000 + $15,000 + $40,000 + $3,000) = $63,000

Current Liabilities = Accounts Payable + Notes Payable in 5 Months + Salary Payable

Current Liabilities = ($15,000 + $12,500 + $25,000) = $52,500

Let plug in the formula

Working capital =$63,000-$52,500

Working capital =$10,500

Therefore the Working Capital for Stanford Company will be $10,500

5 0
3 years ago
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