Answer:
I. grace period during which payments are not due
II. based on student need
Explanation:
Stafford loan is a student loan that is given to students of accredited colleges to cover tuition and it is guaranteed buy the government. These loan can be subsidized or unsubsidized. The subsidized loans are the ones in which the interest is paid by the government when student in enrolled in the program and during a grace period and it is given to students with financial needs. In the unsubsidized loan, the student is responsible for all the interests generated.
Depreciation is the term used to describe the capital that is lost over the course of a year. Gross investment (Ig) minus depreciation equals net investment (In). Scenarios.
<h3>Is the volume of capital that depreciates or exhausts in a year?</h3>
Depreciation is the amount of capital that is no longer in use as a result of deterioration, consumption, or obsolescence.
<h3>What products are consumed during manufacture and hence do not contribute to GDP?</h3>
Because the market value of the expenditures made on final goods and services includes the cost of intermediate goods and services, which are used in the production of final goods and services, they are not included in the expenditure approach to GDP.
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Answer: $900
Explanation: LIFO inventory costing method.
This means Last In First Out method. Since the last stock for the year was bought in Nov and the company sold 150 units.
Using LIFO method, 150 * $6 = $900
Answer:
3 times
Explanation:
Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.
‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.
Given:
Cost of goods sold = $255,000
Beginning inventory = $90,000
Ending inventory = $80,000
Inventory turnover is the ratio of cost of goods sold to inventory receivable.
It can be calculated as:
Average inventory =
Average inventory =
Average inventory =
Average inventory = $85,000
Inventory turnover ratio =
Inventory turnover ratio =
Inventory turnover ratio = 3 times
Answer:
$226,416
Explanation:
Real GDP is the value of all economic output of the country which is adjusted for price changes like inflation. Real GDP per capita is the Value of GDP per person.
2011
Real GDP Per Capita = GDP value / Total Population
Real GDP Per Capita = 210,500 / 8,200
Real GDP Per Capita = 25.67073
2012
Real GDP per capita after growth = 25.67073 x 105% = $26.95427
Total Real GDP = Real GDP per capita x population = $26.95427 x 8,400 = $226,416