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3 years ago

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

Business

1 answer:

Marrrta [24]3 years ago

5 0

<u>The grant available to third-or fourth-year college student:</u>

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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Barry, age 45, works for an advertising company, where he earns $75,000. Barry would like to retire at age 65. He earns 9% on hi

kakasveta [241]

Answer:

$1,064,440.24

Explanation

Age = 45

Retirement = 65 (Retires after 20 years)

Death = 90 (After 25 years of retirement life)

Inflation = 3%

Rate of Return = 9%

Annual Salary = $75,000

Wage replacement ratio = 80%

Retirement Income = $75,000 * 80% = $60,000

Amount required in future to match the current purchasing power

Inflation effect = $60,000 * (1 + 3%)^20

Inflation effect = $60,000 * (1.03)^20

Inflation effect = $60,000 * 1.80611123467

Inflation effect = $108366.6740802

Inflation effect = $108,366.67. ($108,366.67 is needed to Match Purchasing power of $60,000 in 20 Years)

Total amount needed at the age of 65

i = 9%, Fv = 0, Nper = 25, PMT = -$108,366.67

= PV(9%, 33, -108,366.67, 0)

= 1064440.243

= $1,064,440.24

So, Barry need to accumulated $1,064,440.24 as of the day he retires to adequately provide for his retirement lifestyle.

7 0

2 years ago

Demand for a product is 12,000 units per year. Every time an order is made, the company must pay $15.00 per order. The cost t

KATRIN_1 [288]

Answer:

Total cost is $24060

Explanation:

Total demand per year = 12000 units

Size of one order = 3000 units

Total number of orders = 12000 / 3000 = 4

Per order cost = $15

Per unit cost = $2

Below is the calculation to find the total cost.

Total cost = Number of orders × Per order cost + Total demand per year × Per unit cost

Now insert the values.

Total cost = 4 ×15 + 12000 × 2

Total cost = $24060

5 0

3 years ago

EPS (Earning Per Share) is:_____.

olchik [2.2K]

Answer:

d) dividing net profit by the number of current shares.

Explanation:

The formula to compute the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Outstanding Number of shares)

Basically we divide the net income or net profit after considering the preference dividend and then divided it by the outstanding number of shares so the earning per share could come

7 0

2 years ago

The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and pay

charle [14.2K]

Answer:

a) True

Explanation:

Electronic bill payment and presentment (EBPP) can be regarded as process that is been utilized by

companies in collection of payments electronically by utilization of systems such as Automated Teller Machines (ATMs) as well as Internet and direct-dial access. This has turned to a core component of online banking as regards to some financial institutions today, some industries such as telecommunications and insurance providers make use of it.

Electronic invoicing and presentment payment (EIPP) can be regarded as process involving sending of electronic invoice to customers using the internet, as well as the ability of customers to be able to pay that invoice online also. It give a solution that brings about increased productivity, as well as given room for business owner to spend more time in developing their business as well as relationships with their customers.

It should be noted that the The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and payment (EBPP) system for the B2C environment.

3 0

2 years ago

The senior lawyers of Lawteve, a law firm, have differences of opinion about the leave policies that the firm follows. This is b

shusha [124]

Answer:

The correct answer is C) c-type conflict.

Explanation:

Type C conflict is that conflict that arises from differences of opinion related to problems and affective conflict refers to the emotional reactions that can occur when disagreements become personal. Cognitive conflict includes disagreements related to goals, resource allocation, reward distribution, policies and procedures, and homework assignments. Affective conflict results from feelings of courage, distrust, fear, and resentment; as well as personality clashes. Cognitive conflict is strongly associated with improvements in the performance of work teams while affective conflict is strongly associated with decreased performance of work teams.

4 0

2 years ago