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3 years ago

Which of the following is NOT true about the Free Application for Federal Student Aid (FAFSA)?

Business

2 answers:

Firdavs [7]3 years ago

7 0

Answer:

It provides early admission

Explanation:

I do not know the answer word for word, but I do know that out of the four answer choices (it provides scholarships, grants, early admission, and financial aid), it does not provide early admission, therefore making it your answer.

"In order to qualify for federal student aid and a lot of other scholarships and grants, you need to fill out the Free Application for Federal Student Aid (FAFSA)" -Everfi

alexandr1967 [171]3 years ago

3 0

Answer:

you can fill it out online or on paper.

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The "principal-agent problem" often arises in public choice when politicians pursue the best interests of their constituents

Gekata [30.6K]

The "principal-agent problem" is when one person can make a decision on behalf of someone else that impacts the "principal". The agent works to favor the interests of the principal and receives incentives for doing so in return. The agent can get into a conflict of interest or make morally wrong decisions in favor of the principal they are helping.

3 0

3 years ago

The Assembly Department produced 1,000 units of product during March. Each unit required 1.25 standard direct labor hours. There

frutty [35]

Answer:

Debit Work in process for $15,625

Debit Direct labor time variance for $625

Credit Direct labor rate variance for $650

Credit Wage payable for $15,600

Explanation:

Before preparing the journal, the following calculations are done first:

Wage payable = Actual hours * Actual rate per hour = 1,300 * $12 = $15,600

Direct labor time variance = (Actual hours - Standard hours) * Standard direct labor rate = (1,300 - (1,000 * 1.25)) * $12.50 = $625 Unfavorable

Note: Direct labor time variance is Unfavorable because Actual hours is greater than Standard hours.

Direct labor rate variance = (Actual rate - Standard rate) * Actual hours = ($12 - $12.50) * 1,300 = -$650 Favorable

Note: Direct labor rate variance if Favorable because Actual rate is lower than the Standard rate.

Work in process = Wage payable + Absolute value of direct labor rate variance - Direct labor time variance = $15,600 + $650 - $625 = $15,625

The journal entries will now look as follows:

Date Particulars Debit ($) Credit ($)

Mar. 31 Work in process 15,625

Direct labor time variance 625

Direct labor rate variance 650

Wage payable 15,600

(To record the direct labor in the Assembly Department.)

4 0

3 years ago

A firm pays a current dividend of $1, which is expected to grow at a rate of 5% indefinitely. If the current value of the firm’s

ArbitrLikvidat [17]

Answer:

Required rate of return = 8%

Explanation:

The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.

This model is represented as follows

D(1+g)/(r-g) = P

Price, D- dividend payable in now, ke- required rate of return, g- growth rate

35 = 1×(1.05)/ke-0.05

35 × (ke-0.05) = 1.05

35ke - 1.75 = 1.05

35Ke = 1.05 + 1.75

35ke = 2.8

ke= 2.8/35= 0.08

Ke = 0.08× 100 = 8%

Required rate of return = 8%

6 0

3 years ago

the term structure of interest rates is a. the relationship among interest rates of different bonds with the same maturity. b. t

AveGali [126]

The term structure of interest rates is the relationship between interest rates or bond yields and different terms or maturities.

What is Term Structure of Interest Rates?

The yield curve, also known as the term structure of interest rates, represents the interest rates of bonds of comparable quality but different maturities. The interest rate term structure shows market participants' expectations for future interest rate adjustments as well as their evaluation of the state of monetary policy.

The relationship between interest rates or bond yields and various terms or maturities is, in essence, the term structure of interest rates. The term structure of interest rates is referred to as a yield curve when it is graphed, and it is extremely important in determining the state of an economy at any one time.

To know more about term structure of interest rates refer:

brainly.com/question/13623212

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5 0

1 year ago

This information relates to Cheyenne Real Estate Agency.

gregori [183]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $31,770

To Common stock $31,770

(Being issuance of shares for cash is recorded)

2. No Journal Entry is required

3. Office furniture Dr, $3,740

To Accounts payable $3,740

(Being purchase of office furniture on credit is recorded)

4. Accounts receivable $10,430

To service revenue $10,430

(Being customer billed for service is recorded)

5. Cash $185

To credit revenue $185

(Being cash received for service is recorded)

6. Accounts payable $800

To cash $800

(Being cash paid for office furniture purchased is recorded)

7. Salaries expense Dr, $3560

To cash $3560

(Being salary paid is recorded)

5 0

3 years ago