The equivalent of his student loan debt can be over re-paid while being spread over number of years.
<h3>What are maximum student loan debt?</h3>
The maximum student loan debt refers to maximum amount of loan that are grantable to student and are expected to be repayed back either during school or when employed.
For undergraduates, the maximum is $57,500 and $138,500 for graduate or professional students.
Because he expects his starting annual salary to be $35,000, then, the equivalent of his student loan debt can be over re-paid while been spread over number of years.
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There are different kinds of marketing strategy. Sales promotion is a type of strategy is being used by a car rental agency when it describes itself as the only rental company with a door-to-door service.
<h3>What is door-to-door
promotion?
</h3>
- Door-to-door is known as a type of technique that is often used for sales, marketing, advertising, etc. This boast the sales of a product or services such as cars.
Tis is when a person or persons walk from the door of one house to the door of another, so as to sell or advertise a product. In the case of the car company, they deliver at home for ease to their customer and drives sales upward.
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Answer: A company is classified as simple business when revenues generated by the dominant business are greater than 95%.
Explanation: The advantage of having a company where its profits come from a single type of activity, is that they concentrate all their forces and can have a better competitive advantage than in the opposite case, activities are diversified. Example: A company dedicated to the manufacture of private vehicles would be simple if it only executes the manufacture of vehicles and diversified when it sells in addition to private vehicles, trucks and motorcycles.
Answer:
1 $126
2 $140
3 90%
Explanation:
1. Overhead applied = Closing balance of job - (opening balance of job + prime cost added to the job during the month
= $1,921 - ($1,235 + $560)
= $1,921 - $1,795
= $126
2. Direct labor for job 46 for July.
Direct labor = prime cost / ( 3 parts of direct materials + 1 part of direct labor)
Direct labor = $560 / 4
Direct labor = $140
Therefore, direct labor for job 46 for July is $140
Direct materials for job 46 for July
= Direct labor cost × 3(This is due to the fact that prime cost includes 3 parts of direct materials
= $140 × 3
= $420
3. Overhead rate for the company
= [($126 / $140) × 100
= 90%
Property, liability, and life.