1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lozanna [386]
2 years ago
8

When asked "How much should I borrow in student loans?" the CFPB (Consumer Financial Protection Bureau) said this

Business
1 answer:
masya89 [10]2 years ago
8 0
Only take what you need because if you take too much you won't know what to do with it. Also if you only take what you need it will be easier to pay back later. win/win
You might be interested in
How do you calculate the variable cost?
NikAS [45]

Calculate total variable cost by multiplying the cost to make one unit of your product by the number of products you've developed. For example, if it costs $60 to make one unit of your product, and you've made 20 units, your total variable cost is $60 x 20, or $1,200.

Hope this helps have a great day :)

6 0
2 years ago
Kevin bought 265 shares of Intel stock on January 1, 2019, for $76 per share, with a brokerage fee of $165. Then, Kevin sells al
garri49 [273]

Answer:

$2800

Explanation:

To find the Gain or loss on the sell of shares we jus need to deduct cost of purchasing and brokerage fee from sale proceeds

12 DECEMBER 2019

Gain/loss = Sales proceeds- Total Cost to purchase - Cost to sell

Gain/loss= ($88 x 265) - $20,305 - $215

Gain/loss= $23,320 - $20,305 - $215

Gain/loss= $2800

WORKINGS

Purchase 1 Jan 2019

265shares x $76per share =  $20,140

Total cost to purchase = $20,140 + $165(brokerage fee)

Total cost to purchase =  $20,305

Cost to sell = $215(brokerage fee)

3 0
3 years ago
Jenny's bakery makes two types of birthday cakes: yellow cake, which sells for $25, and strawberry cake, which sells for $35. Bo
Marina86 [1]

Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

Explanation:

x- Number of Yellow cakes

y- Number of Strawberry cakes

Time constrain is given by

2x+3y\leq 450

x\geq 0

y\geq 0

Revenue is given by,

TR= 25x + 35y

At the vertices, revenue is

At (0,0)

TR = $0

At (0,150)

TR = 25(0) + 35(150) = $5,250

At (225,0)

TR = 25(225) + 35(0) = $5,625

Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

4 0
3 years ago
If a quota license is awarded to a domestic firm without an auction, it may generate bribes or lobbying spending to earn this re
Natasha2012 [34]

Answer:

c) wasteful rent-seeking

Explanation:

Rent-seeking is an economic activity that does not add any value, and it often includes lobbying and spending resources of your own company. This is a common practice when companies cannot find another feasible revenue stream, so they manipulate the distribution of various resources to gain wealth. This way, no value is created.

6 0
3 years ago
At Sunland Company, events and transactions during 2020 included the following. The tax rate for all items is 20%. (1) Depreciat
e-lub [12.9K]

Answer:

B. $1673920

Explanation:

First calculate Total loss

$2000000 loss from disposal of a component of the business and loss of $92400 from strike by the employees of a supplier

$2000000 + $92400 = $2,092,400

20% of the loss =

20% × $2,092,400

= $418,480

Therefore the effect of these events and transactions on 2020 net income net of tax would = Total loss - 20% of total loss

$2,092,400 - $418,480

= $1,673,920

4 0
3 years ago
Other questions:
  • 10. In earned value analysis (EVA), we found: SV = -$7,800 at certain point. If the project has a total budget = $65,000 and tot
    7·1 answer
  • Which statement defines personality?
    7·1 answer
  • There are 300 purely competitive farms in the local dairy market. Of the 300 dairy farms, 298 have a cost structure that generat
    11·1 answer
  • Suppose Lisa's utility function is 4XY, where X is the consumption of beer and Y is consumption of pizza. For this utility funct
    13·1 answer
  • 1. Jovanna has determined that she wouldn't want to be a nurse because she really doesn't like the sight of blood and she tends
    13·2 answers
  • Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $3,277,5
    9·1 answer
  • Hershey's decides to start using a compostable material in which to wrap their chocolate. Unfortunately, this material begins br
    5·1 answer
  • Stephen is a day trader who constantly buys and sells only medical-related stocks. Stephen has _____ asset allocation strategy a
    12·1 answer
  • Describe three ways that a business can grant credit. Why might granting credit to other businesses be risky for a supplier?
    5·1 answer
  • Anyone got discord? I'm 17
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!