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3 years ago

What is FAFSA? Who is eligible?

1 answer:

6 0

The Free Application for Federal Student Aid (FAFSA) is used to calculate the Expected Family Contribution (EFC), a somewhat harsh measure of the family's ability to pay for college. The EFC is the sum of a student contribution and a parent contribution.

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Inside Incorporated was issued a charter on January 15 authorizing the following capital stock: Common stock, $6 par, 100,000 sh

marin [14]

Answer:

$1,114,000 - total equity section

Balance sheet extract

common stock (120,000 units) $720,000

common stock share premium $240,000

preference shares (8 000 units) $80,000

preference share premium $36,000

Profit (net income) $ 38,000

$1,114,000

Explanation:

common stock account (100,000 + 20,000) x $6 par value = $720,000

common stock premium per unit is calculated $18 minus par value of $6 = $12. total premium is 12 x 20,000 units issued= $240,000

Preference shares account = (5000+3000) x $10 = $80,000

preference share premium (22 minus 10) = $12 per unit

total preference shares premium is $12 x 3000 issued units= $36,000

8 0

3 years ago

What does "2/10" mean, with respect to "credit terms of 2/10, n/30"?

ANEK [815]

a. a discount of 2 percent will be allowed if the invoice is paid within 10 days of the invoice date.

So for example if the bill is $100 "2/10 net 30" and you pay within 10 days, you get a 20 cent discount and the balance is $9.80. If you pay in 30 days, the full 10 dollars is due.

3 0

3 years ago

During the "design" step of appreciative inquiry, participants ________.A) find a common vision of how the organization will loo

Mila [183]

Answer:

The correct answer is A) find a common vision of how the organization will look in the future

Explanation:

4 0

3 years ago

The US agricultural sector experienced a severe drought in 2012. A drought decreases the supply of agricultural products, which

Nataliya [291]

Answer:

True

Explanation:

Exceptionally good weather will guarantee a good yield in crops. This will lead to an increase in supply of produce to the market, and when supply increases, the supply curve shifts to the right.

This is simply because there are more products and more sellers, and this will result in more supply.

5 0

3 years ago

One of the most important features of a filing and record keeping system is that it works for you and meets your needs true or f

MA_775_DIABLO [31]

Answer:

True

Explanation:

In record keeping using the filling method, it is done in-order to keep track of all the important documents and information regarding to the company. This record keeping system could employ the manual method or writing with hand or the electronic method of storing such information using the computer or other electronic device.

7 0

3 years ago