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4 years ago

What is the potential award amount for the Pell Grant and does Imani have to pay this back?

Business

1 answer:

Alja [10]4 years ago

4 0

Answer with Explanation:

The Potential amount for the Pell Grant largely depends on you family income and asset worth. The maximum Pell Grant award for the year 2019-20 is $6,195 and maximum award per term is $3,097.

We don't have to pay back the Pell Grant but under certain circumstances which are listed as under:

Early withdrawing from the program that let you qualify for the grant.
Enrollment status changed during the execution of program.
Received Other Scholarships
You qualified for Teach Grant but later you didn't met the requirements for the grant.

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A sales tax is a type of

m_a_m_a [10]

Indirect.

This is because indirect tax is a tax on expenditure, whereas direct tax is a tax on income and wealth. Progressive taxes tax the rich more than the poor, but a sales tax charges everyone the same, therefore it is a regressive tax instead, as it takes up more of the poor's income. As it is not a choice, the answer is then an indirect tax.

7 0

4 years ago

Calculating the Direct Materials Price Variance and the Direct Materials Usage Variance Guillermo's Oil and Lube Company is a se

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Answer:

Results are below.

Explanation:

To calculate the direct material price variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5.05 - 5.1)*6,020

Direct material price variance= $301 unfavorable

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (6,076 - 6,020)*5.05

Direct material quantity variance= $282.8 favorable

Standard quantity= 980*6.2= 6,076

Finally, the total direct material variance:

Total direct material variance= Direct material quantity variance - Direct material price variance

Total direct material variance= 282.8 - 301

Total direct material variance= $18.2 unfavorable

7 0

3 years ago

George is a minor who lives on his own. he orders clothing from fastshop. george later wants to disaffirm the contract. george c

lesya692 [45]

(d) George can disaffirm the contract, but he must pay for the reasonable value of the goods. A minor who has been emancipated has all the contractual rights and obligations of a person who has reached the age of majority and the right to disaffirm is the 1st right granted to minors in contract law cases.

6 0

3 years ago

Why does a business cycle diagram serve as a forecasting model

Tanzania [10]

Answer:

puedes poner la pregunta en españo?

8 0

3 years ago

According to economists, inflation is a. eliminated by the government. b. unavoidable, and therefore something beyond the contro

mote1985 [20]

Answer: Option D

Explanation: In economics, inflation means the increase in the general price level of goods in an economy and the decrease in the value of money. This process occurs over a period of time.

In a scenario of inflation the purchasing power of the consumers decreases leading to a decrease in demand. Inflation could be controlled but is unavoidable and hence every economy faces some level of inflation every time.

Hence from the above we can conclude that the correct option is D.

7 0

3 years ago