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4 years ago

The grant available to third-or fourth-year college students majoring in

Business

1 answer:

Marrrta [24]4 years ago

5 0

The grant available to third-or fourth-year college student:

The National Science & Mathematics Access to Retain Talent Grant (National SMART Grant) is the grant given to the third or fourth year college students who want to do major in scientific or mathematical fields like physical, life, engineering, mathematics, medical, languages, etc.

To apply for the SMART grant students apply through free application of federal student aid and then if they receive the grant they can do their higher studies in their preferable fields which come under SMART grant.

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RealTurf is considering purchasing an automatic sprinkler system for its sod farm by borrowing the entire $65,000 purchase price

lesantik [10]

Answer:

The project return is lower than the minimum accepted of 15% thus not profitable for the company

Net Present Value -1.279,86‬

Explanation:

Loan Present value

PMT of the loan:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 65,000

time 4

rate 0.12

$65000 \div \frac{1-(1+0.12)^{-4} }{0.12} = C\\$

C $ 21,400.238

Present value at MARR:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $21,400.24

time 4 years

rate 0.15

$21400.2383598698 \times \frac{1-(1+0.15)^{-4} }{0.15} = PV\\$

PV $61,097.2175

Salvage value:

$\frac{Salvage }{(1 + rate)^{time} } = PV$

Salvage $9,000

time 9 years

rate 0.15000

$\frac{9000}{(1 + 0.15)^{9} } = PV$

PV 2,558.36

Cost savings present value:

Cost savings per year: 25,000

less maintenance expenses (13,000)

net cash flow 12,000

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $ 12,000

time 9 years

rate 0.15

$12000 \times \frac{1-(1+0.15)^{-9} }{0.15} = PV\\$

PV $57,259.0070

Net Present Value

PV cost savings + PV salvage - PV loan payment

57,259 + 2,558.36 - 61,097.22 = -1.279,86‬

3 0

3 years ago

Journalizing and posting an adjusting entry for office supplies

belka [17]

Answer:

Office Supplies T-account

Debit :

Beginning Balance $600

Purchases $2,300

Totals $2,900

Credit:

Ending Balance $500

Used (Balancing Figure) $2,400

Totals $2,900

Adjusting Entry

Supplies Expenses $2,400 (debit)

Office Supplies $2,400 (credit)

Posting Entries.

1. Supplies Expense = $2,400 (Debit Balance)

2.Office Supplies = $500 (Debit Balance)

Explanation:

As the supplies are used during the period, recognize an expense : Supplies Expense and de-recognize the Office Supplies Asset account to the extend of the amount of inventory used during the period.

In other words we are taking out an expense (Increasing it) and decreasing an asset : Office Supplies.

5 0

3 years ago

An investment project provides cash inflows of $705 per year for eight years. a. What is the project payback period if the initi

Yuki888 [10]

Answer: A. 2.05 B. 5.10 C. 0

Explanation: Payback period can be defined as the period under which the profits or savings in an investment can recover the initial outlay invested in that investment. In simple words we can say that it is the time required by an investment to pay for itself.

Pay back period is computed as follows :-

$=\:payback\:period=\frac{\:Initial\:cash\:outlay}{cash\:inflows}$

therefore,

A. $=\:payback\:period=\frac{1450}{705}$ =2.05years

B. $=\:payback\:period=\frac{3600}{705}$ =5.10years

C. $=\:payback\:period=\frac{5800}{705}$ =0

7 0

4 years ago

Daniel has to prepare a report outlining the reasons why his company is going to shut down two factories in the united states. h

timurjin [86]

The inductive method is also sometimes called a scientific method. The method starts off by stating many observations of nature then arriving to the conclusion. The goal is to find a few and powerful ending statement based on the previously stated individual reasons.

6 0

3 years ago

Which of the following are employer requirements for safety training and education?

Natasha2012 [34]

Answer:

The secretary shall pursuant to section 107 (f) of the act, establish and supervise programs for the education and training of employees in the recognition, avoidance and prevention of unsafe conditions in employments covered by the act

Explanation:

8 0

3 years ago