Answer:
<u><em>The answer is</em></u>: <u>True.</u>
Explanation:
<u>There are several sources that offer financial aid to help students.
</u>
Financial aid can come from federal sources, from the state, from educational or private institutions that help you pay for the university or professional institute.
The federal government offers several financial aid programs. Federal student aid covers expenses such as tuition and fees, room and board, books and supplies, as well as transportation. It can also help pay other related expenses, such as a computer and caring for dependents.
The U.S. Department of Education grants more than $ 120 billion a year in scholarships and grants, funds for the Study and Work Program, and low interest loans to more than 13 million students.
Thousands of educational institutions across the country participate in federal student aid programs.
<u><em>The answer is</em></u>: <u>True.</u>
Answer:
The earnings per share for Bramble in 2020 is $2.99
Explanation:
This was arrived at by preparing income statement for 2020,where in the results from continued operations and discontinued were shown.
The income from continued operations attracted tax at 35% while the losses from the discontinued operations got a tax benefit at the same 35% tax rate.
Note that the earnings used in calculating earnings per share is net of preferred dividends as only earnings attributable to ordinary shareholders are considered.
Find attached spreadsheet for the full blown income statement and the calculation of earnings per share.
Answer:
b. understate the predetermined overhead rate
Explanation:
The rate is determinate by distributing the expected cost over the cost driver
In this case labor cost.
as this value is higher than it should
(labor + some indirect)
the result of the division will be lower thus, the overhead rate is lower than it should be without the mistake.
When employees collect cash for a sale, a control issue could arise since they might be inclined to steal.
<h3>Explain about the cash purchases?</h3>
A business makes a cash purchase when it pays for products or services right away after ordering or receiving them. The supplier does not grant credit. Account payable is not established. Regardless of whether the company utilizes accrual basis accounting or cash basis accounting, the resulting expense is promptly reported to an expense account.
In contrast to the income statement, the cash flow statement records cash purchases more directly. In actuality, precise cash outflow events are completely absent from the revenue statement.
For instance, a customer might enter a store and buy an apple using a debit card. Debit cards operate similarly to cash in that they immediately deduct the amount due for the apple from the buyer's bank account. There is a cash exchange here.
To learn more about cash purchases refer to:
brainly.com/question/25770850
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Answer:
D. Small Business Administration.
Explanation:
The Small Business Administration (SBA) is an agency of the federal government that offers both managerial and financial assistance to small businesses. SBA was established in 1953 as an autonomous or independent agency of the government of the United States of America. Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.
The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, in order to provide them with the necessary funds required to plan, start and grow their business.
<em>Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America. </em>
