Answer:
Grant.
Explanation:
According to my research on different financial aid's, I can say that based on the information provided within the question the term being mentioned in the question is called a Grant. Like defined in the question, this is a financial aid that is given to people or groups that meet certain requirements in order to help them continue and further expand on their work. These Grant's are given as a form of donation by individuals or organizations that appreciate the work being done.
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Answer:
Direct material price variance= $29,120 unfavorable
Explanation:
Giving the following information:
Standard: Direct materials 6 pounds $4.30 per pound $25.80
Actual= Jackson purchased 145,600 pounds of direct material at a total cost of $655,200.
<u>To calculate the direct material price variance, we need to use the following formula:</u>
Direct material price variance= (standard price - actual price)*actual quantity
Actual price= 655,200/145,600= $4.5
Direct material price variance= (4.3 - 4.5)*145,600
Direct material price variance= $29,120 unfavorable
Answer:
<em>Risk capital</em>
Explanation:
Risk capital <em>relates to funds allocated to risky operation and used to invest heavy-risk, elevated-reward.</em>
Diversification is key to a successful risk capital investment, because the prospects of each investment appear to be undetermined in nature, although the yields may be far above average when an investment is successful.
Answer:
c. wages and prices are often inflexible in the downward direction
Explanation:
While the prices of the products can decrease in a recession when there is a decrease in demand there is an excess in the supply, therefore, the price decreases but, in real life that doesn't occur people prefer not to work rather than going to work for a lesser amount most of the times. The same goes for some prices under which the producer or manufacture firm does not reduce the price.
