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
tigry1 [53]
3 years ago
10

Which answer best describes an unsubsidized federal loan?

Business
1 answer:
Sunny_sXe [5.5K]3 years ago
5 0
I'm pretty sure the answer is A
You might be interested in
Which section of the business plan contains information about the financial history of the company? A. Financial Analysis B. Fun
Romashka [77]
I believe it is A if not then B hope this helps
6 0
3 years ago
Read 2 more answers
In a​ make-to-order system, when a customer places a request for a product or service with a​ producer,
Mashutka [201]
<span>A work order is created as soon as the customer places the request for a product or service. Since the manufacturing or the creation of the item begins only after order is made, all the resources and the raw materials should be in place well before time.</span>
3 0
3 years ago
On January 1, Parson Freight Company issues 7%, 10-year bonds with a par value of $2,000,000. The bonds pay interest semiannuall
Minchanka [31]

Answer:

The correct option is Debit Cash $1,864,097; debit Discount on Bonds Payable $135,903; credit Bonds Payable $2,000,000.

Explanation:

This question is an instance of bonds issued at a discount. This happens when a bond is issued below the face value of the bond and also happens when the coupon rate on the bond payable is less than the market rate.

The face value of the bond payable is $2,000,000 while the market value is $1,864,097, so there is a discount of $2,000,000 - $1,864,097 = $135,903 on the bond payable, which is to be amortized over the life of the bond payable.

So, the appropriate journals to record this transaction is as provided above.

4 0
3 years ago
2 points Time Remaining 23 minutes 4 seconds00:23:04 eBookItem 7 Time Remaining 23 minutes 4 seconds00:23:04 On April 30, Gomez
mash [69]

Answer: $51,400

Explanation:

Credits to Accounts Receivable represent a reduction in the Accounts receivable amount.

The formula for Closing balance is:

Closing balance = Opening balance + Credit sales - Credits to accounts receivable

Making Credit sales the subject will make the formula:

Credit sales = Credits to account receivable + Closing balance - opening balance

= 56,800 + 17,000 - 22,400

= $51,400

6 0
3 years ago
Star Jewelry sells 500 units resulting in $75,000 of sales revenue, $28,000 of variable costs, and $18,000 of fixed costs. The n
antoniya [11.8K]

The <u>number of units</u> that must be sold to achieve $40,000 of operating income is 617 units.

<h3>What is break-even analysis?</h3>

Break-even analysis is an accounting concept that can be used to determine the <u>number of units</u> that must be sold to achieve $40,000 of operating income. This can be computed by using the concept of break-even analysis as follows:

<h3>Data and Calculations:</h3>

Sales units = 500 units

Sales revenue = $75,000

Selling price per unit = $150 ($75,000/500)

Variable costs = $28,000

Variable cost per unit = $56 ($28,000/500)

Contribution margin per unit = $94 ($150 - $56)

Fixed costs = $18,000

Target operating income = $40,000

Break-even point in units to achieve target profit = 617 units ($18,000 + $40,000)/$94

Thus, the <u>number of units</u> that must be sold to achieve $40,000 of operating income is 617 units.

Learn more about break-even analysis at brainly.com/question/21137380

8 0
2 years ago
Other questions:
  • A company sold equipment for $100,000; the equipment had cost $300,000 and had accumulated depreciation of $180,000. The company
    14·1 answer
  • The economic theory that tax reductions will increase business growth best describes
    6·2 answers
  • Facing stiff competition in the e-reader market, Sumac Industries wants to protect its competitive advantage by increasing the p
    13·1 answer
  • Shares of common stock of the Samson Co. offer an expected total return of 16.2 percent. The dividend is increasing at a constan
    15·1 answer
  • Monic, a college professor, makes 30 photocopies of a passage from a famous novel and passes the article out to her students. Th
    8·1 answer
  • The gdp deflator can be used to calculate the inflation rate. True or False
    15·1 answer
  • An example of a firm applying the overall cost leadership generic strategy in a value-chain activity would be to automate the pr
    15·1 answer
  • Jack’s Snow Removal Company received a cash advance of $14,700 on December 1, Year 1 to provide services during the months of De
    13·1 answer
  • When customers ask merchants to deliver articles to homes with no mention of payment, the buyers imply that they will pay the ma
    8·1 answer
  • Layton Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 13 years to maturit
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!