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3 years ago

9

A(n) _____ is awarded on the basis of financial need. You will not be charged any interest before you begin repayment or during

authorized periods of deferment.
subsidized loan
grant
scholarship
unsubsidized loan

1 answer:

Tcecarenko [31]3 years ago

8 0

The correct answer is: Subsidized Loans
Hope this helped!

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Which account is an example of a contra-expense account?

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Its an expense account that follows credit, not debit

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3 years ago

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The QuickBooks Online ecosystem gives you and your clients access to a wide range of 1.__________ to help 2.___________ their bu

kupik [55]

The Quick Book Online ecosystem gives you and your client access to a wide range of apps to help increase productivity in a business.

Explanation:

The Quick Book Ecosystem helps small firms in their growth and productivity. It keeps all the accounts properly,does all the legal work. It is an easy going app and is very useful for the businessman.
There is no need to keep any backup still the important data are kept secured. Online chats can also be easily performed.
There is not requirement of software to manage it as well as this app don't require any upgrades. Hence we can say that this app is very useful because through this app we can avail other apps too.

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3 years ago

Dufner Co. issued 15-year bonds one year ago at a coupon rate of 7.1 percent. The bonds make semi-annual payments. If the YTM on

saveliy_v [14]

Answer:

Total $1,173.2544

Explanation:

The price of the bond will be equivalent to the coupon payment and maturity discounted at the YTM

<em><u>Coupon payment PV will be an annuity:</u></em>

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

C 35.50 (1,000 x 7.1% / 2 )

time 30 (15 years x 2 payment per year)

rate 0.027 (YTM /2 )

$35.5 \times \frac{1-(1+0.027)^{-30} }{0.027} = PV\\$

PV $723.5919

<em><u> The maturity will be the present value of a lump sum</u></em>

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

Maturity 1,000.00

time 30.00

rate 0.027

$\frac{1000}{(1 + 0.027)^{30} } = PV$

PV 449.66

We add bot h to gett the market value

PV c $723.5919

PV m $449.6625

Total $1,173.2544

3 0

3 years ago

Suppose that a tax is placed on books. if the sellers pay the majority of the tax, then we know that the

Inessa05 [86]

If the sellers pay the majority of the tax, then the supply is more inelastic than demand.

If something is inelastic it is not sensitive to changes in the price or income of someone. The sellers will always have more of the tax burden when supply is more inelastic than demand and vis versa when demand is more inelastic than supply.

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3 years ago

Calculating and using Dual Charging Rates

11Alexandr11 [23.1K]

Answer:

1. Calculate a variable rate for the Maintenance Department. Round your answer to the nearest cent. $ per maintenance hour Calculate the allocated fixed cost for each using department based on its budgeted peak month usage in maintenance hours.

variable rate = $1.30 per maintenance hour

Department Peak Number Allocated

of hours Fixed cost

Assembly (210/2,100) x $65,400 $6,540

Fabrication (1,050/2,100) x $65,400 $32,700

<u>Packaging (840/2,100) x $65,400 $26,160</u>

Total 2,100/2,100 $65,400

2. Use the two rates to assign the costs of the Maintenance Department to the user departments based on actual usage. Calculate the total amount charged for maintenance for the year.

Department Fixed costs Variable cost Total

Assembly $6,540 3,500 x $1.30 = $4,550 $11,090

Fabricating $32,700 7,000 x $1.30 = $9,100 $41,800

<u>Packaging $26,160 10,000 x $1.30 = $13,000 $39,160</u>

Total $65,400 $26,650 $92,050

3. What if the Assembly Department used 3,550 maintenance hours in the year? How much would have been charged out to the three departments?

Department Fixed costs Variable cost Total

Assembly $6,540 3,550 x $1.30 = $4,615 $11,155

Fabricating $32,700 7,000 x $1.30 = $9,100 $41,800

<u>Packaging $26,160 10,000 x $1.30 = $13,000 $39,160</u>

Total $65,400 $26,715 $92,115

6 0

3 years ago