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4 years ago

What is a benefit of getting college credit in high school

Business

2 answers:

balandron [24]4 years ago

5 0

https://blog.stlawrence.edu/5-benefits-of-earning-college-credit-in-high-school Link for answer

Taya2010 [7]4 years ago

5 0

Some benefits of taking college credits during high school are:

Scheduling Flexibility (your life would be so much easier. Instead of having to find time to go to college, you could just go on a daily basis without having to worry about how you're gonna get there and when you're gonna get there. It's just easier and more relevant).

Graduation Requirements (Your college-level credits will count toward graduation, filling those key lower-division credit hours and/or general education requirements).

Graduate In Four Years (Some recent research indicates that starting college with credits already in-hand is statistically helpful in attaining a degree).

Study Abroad (All this extra freedom leaves space for studying abroad).

Course Registration (if you enter college with a semester already under your belt, you may get to register for classes before many of the freshman class).

Graduating Early (If you enter college with credits and then take the maximum course load, you could shave some serious time off your college years. I don’t recommend this. College isn’t something you should choose to end early, unless you’ve got a good reason. But it is an option available to you).

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Corris Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Ja

GenaCL600 [577]

Answer:

Results are below.

Explanation:

Giving the following information:

Miles Driven Total Cost

January 10,000 $17,000

February 8,000 13,500

March 9,000 14,400

April 7,000 12,500

<u>To calculate the variable cost per unit and the total fixed cost, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (17,000 - 12,500) / (10,000 - 7,000)

Variable cost per unit= $1.5

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 17,000 - (1.5*10,000)

Fixed costs= $2,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 12,500 - (1.5*7,000)

Fixed costs= $2,000

3 0

3 years ago

You are provided the following information:

Mama L [17]

Answer:

Total period costs= $12,500

Explanation:

iving the following information:

Salaries for assembly workers $32,000

Cost of materials $1,400

Lubricants for machines $680

Accountant’s salary $4,600

Factory supervisor’s salary $4,700

Sales commissions $3,200

Period costs are not directly tied to the production process.

Period costs:

Accountant’s salary $4,600

Factory supervisor’s salary $4,700

Sales commissions $3,200

Total period costs= 12,500

8 0

3 years ago

% interest compounded annually until Bob retires on his 65th birthday. How much is the IRA worth when Bob retires

ira [324]

Answer:

The worth of the IRA when Bob retires at 65 is $190,706.57.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Bob makes his first $1,200 deposit into an IRA earning 6.5% compounded annually on the day he turns 24 and his last $1,200 deposit on the day he turns 44 (21 equal deposits in all.) With no additional deposits, the money in the IRA continues to earn 6.5% interest compounded annually until Bob retires on his 65th birthday. How much is the IRA worth when Bob retires?

The explanation of the answer is now given as follows:

Step 1: Calculation of the future value of the IRA when Bob turns 44

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV44 = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV44 = Future value of the IRA when Bob turns 44 = ?

M = Annuity payment = $1,200

r = annual interest rate = 6.5%, or 0.065

n = number of years = 44 - 24 + 1 = 21

Substituting the values into equation (1), we have:

FV44 = $1,200 * (((1 + 0.065)^21 - 1) / 0.065)

FV44 = $1,200 * 42.3489537330236

FV44 = $50,818.74

Step 1: Calculation of the future value of IRA when Bob retires at 65

This can be calculated using the simple future value formula as follows:

FV65 = FV44 * (1 + r)^n ....................................... (1)

Where;

FV65 = Future value of IRA when Bob retires at 65 or the worth of the IRA when Bob retires at 65 = ?

FV44 = Future value of the IRA when Bob turns 44 = $50,818.74

r = annual interest rate = 6.5%, or 0.065

n = number of years = 65 - 44 = 21

Substituting the values into equation (2), we have:

FV65 = $50,818.74 * (1 + 0.065)^21

FV65 = $50,818.74 * 3.75268199264653

FV65 = $190,706.57

Therefore, the worth of the IRA when Bob retires at 65 is $190,706.57.

6 0

3 years ago

Ali is working with a company that makes custom-designed shoes for its customers. The customers have accepted the product concep

ad-work [718]

Answer:

The functional role being used by the government to help Ali's company is;

Redistribution of income and resources

Explanation:

The government using the three arms, namely; legislature, judiciary and executive perform various functions to ensure that it's citizens live and operate in a certain way. There are different activities that need government input o ensure efficiency. Some examples are; social activities, economic activities and political activities. Some of the major functions of government are as follows;

1. Defend and preserve the country's territorial integrity: the government has a duty to defend it's borders against external aggression.

2. Preserve order: order has to be preserved in a country to minimize chaos. The government using the constitution as a tool for preserving and maintaining order.

3. Redistribution of income and resources: the government can enforce certain policies that tend to redistribute income and resources from the wealthy to economically marginalized groups in the society. This can be done by imposing higher taxes on the rich while at the same time imposing little or no tax on the poor. The government can also provide subsidies to goods and services meant for the poor or even support small businesses by providing for cheaper loans with very low interest. An example is Ali's company that utilized a low-cost loan to boost his business. In this way the government is playing the role of redistribution of income and resources.

8 0

4 years ago

Jose has one evening in which to prepare for two exams and can employ one of two possible strategies:

s344n2d4d5 [400]

Answer:

a. 79

Explanation:

Opportunity cost can simply be defined as the alternative forgone. That is, opportunity cost is that good, commodity or service or whatsoever is sacrificed in order to obtain another. In economics, it is known as real cost. Thus in the question above, Jose employes strategy A such that when he prepares for two exams in one evening, the opportunity cost of receiving a 94 point on Economics exam is 79 points on the statistics.

7 0

3 years ago