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Harlamova29_29 [7]
3 years ago
15

Margaret was convinced to enroll in a private, for-profit college to learn how to be a psychologist's assistant. She borrowed $2

5,000 in federal student loans to earn her degree and, after graduation, found out that few psychologists employed assistants and ended up unemployed and unable to repay her student loans. Which of the following is NOT likely to be a possible solution to her student debt problem
Business
1 answer:
Harman [31]3 years ago
5 0

Answer:

declaring personal bankruptcy, which discharges all of her debt.

Explanation:

Based on the information provided within the question it can be said that one option that is NOT a solution would be declaring personal bankruptcy, which discharges all of her debt. This is because personal bankruptcy does not eliminate student debt. There are very few scenarios in which it does, but only if you are able to prove that the loans would cause an undue hardship to you but this is almost never the case.

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Which primary management responsibility includes the process of creating budgets?
sladkih [1.3K]

Planning is the primary management responsibility which includes the process of creating budgets.

Planning provides a framework for a businesses financial objectives typically for the next three to five years. Thus, budgeting details how the plan will be carried out month to month and covers items such as expenses, revenue, expenses, potential cash flow and debt reduction.

A budget helps create financial stability. So by tracking expenses and following a plan, a budget can make it easier to pay bills on time, build an emergency fund, and save for major expenses etc.

Hence, a budget planning puts a person on stronger financial footing for both the day-to-day and the long term.

To learn more about budget here:

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8 0
1 year ago
Jarvis Company produces a product that has a selling price of $25 and a variable cost of $17 per unit. The company's fixed costs
Sholpan [36]

Answer:

The break-even point measured in sales dollars is $8

6 0
2 years ago
7. All of which are types of organizational chart except? 0 Line organizational chart Staff organizational chart O Students orga
Irina18 [472]

Answer:

WILL YOU PAY ME IF I TELL YOU THE ANSWER

Explanation:

5 0
2 years ago
Frank, the CEO of an American production company, negotiated an opportunity with a television provider in India. After the negot
In-s [12.5K]

Answer:

The contract would be described as <em>International Contract.</em>

Explanation:

<em>International Contracts: </em>International contracts refers to a legally binding agreement between parties based in different countries, in which they are obligated to do or not do certain things. International contracts may be written in a formal way such as the example of Frank contracting an Indian television provider.

Consequently, Frank and the Indian television provider having entered into a contract, are governed by international contract law unless they agree to abide by the laws of one of the US and India.

Moreover, <em>International sales contracts </em>are governed by the <em>United Nations Convention on Contracts for the International Sale of Goods (CISG) from 1980.</em>

8 0
3 years ago
Read 2 more answers
Sanyo Corporation manufactures a popular model of business calculators in a suburb of Seoul, South Korea. The production process
Elden [556K]

Question a)

The sum of the <u>Total assets</u> plus <u>total fixed assets</u> results in <u>total assets</u>.

Question b)

The division of <u>Net sales</u> over <u>total assets</u> results in <u>Asset Turnover</u>

Question c)

The subtraction of the <u>cost of good sold</u> from <u>net sales</u> is equal to the <u>gross margin</u>

Question d)

The subtraction of <u>Operating expenses</u> from <u>gross margin</u> results in the <u>Net Operating profits, before the taxes.</u>

Question e)

The subtraction of <u>Taxes</u> from <u>Net Profit before tax</u> results in <u>Net profit after taxes</u>

Question f)

The division of <u>Net profit after tax </u>over the <u>Net saves</u> gives you the <u>Net profit margin percentage.</u>

Question g)

The division of <u>Net profit Margin percent</u> over the <u>asset turnover </u>results in a <u>return on assets. </u>

5 0
3 years ago
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