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Iteru [2.4K]
3 years ago
10

Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to

contribute to his annual college expenses?
Business
2 answers:
lozanna [386]3 years ago
7 0
$12,425 you just need to subtract how much he gets in grants from how much he owes 
My name is Ann [436]3 years ago
6 0

Answer

Richard need to contribute to his annual college expenses is  $ 12425 .

Explanation:

As given

Richard’s annual college expenses are expected to total $17,745.

He will receive $5,320 in grants.

Thus

Richard contribute to annual college expenses = Annual college expenses - Grant amount .

Putting values in the above

Richard contribute to annual college expenses = 17745 - 5320

                                                                               = $ 12425

Therefore Richard need to contribute to his annual college expenses is  $ 12425 .

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A merchandising company's budget includes the following data for January: Sales: $400,000; COGS: $270,000; Administrative salari
Maslowich

Answer:

Total general and administrative expenses           $

Administrative salaries                                        1,250

Rent on administrative building                          30,000

Miscellaneous administrative expenses             5,000

Total general and administrative equipment      35,250

Explanation:

The total general and administrative expenses include administrative salaries, rent on administrative building and miscellaneous administrative expenses.

8 0
2 years ago
In evaluating the profit center manager, the income from operations should be compared a.across profit centers b.to historical p
olya-2409 [2.1K]

Answer: to historical performance or budget

Explanation:

A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.

This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.

If the profit center exceeds either of these then they are performing well.

6 0
3 years ago
When selling convenience goods such as tobacco, newspapers, chewing gum, and potato chips to convenience stores, companies often
valentinak56 [21]

Answer: intensive distribution

                 

Explanation: In simple words, it refers to a marketing strategy under which a company offers its product through as many outlets as possible in the market so that customers can easily find their product when in need.

The core objective of implementing thus Strategy is to make customer satisfied regarding the availability. These strategy is implemented for the products that already have a strong customer base.

Hence from the above we can conclude that the correct option is B.

5 0
2 years ago
Peterson Photoshop sold $1,300 in gift cards on a special promotion on October 15, 2021, and sold $1,950 in gift cards on anothe
Anastaziya [24]

Answer:

$1,300

Explanation:

Given that,

On November 15, 2021

sold gift cards = $1,950

Of the gift cards sold in November,

Redeemed in November = $195

Redeemed in December = $455

Therefore, the deferred revenue is as follows

= November sales - Redemptions

=  November sales - (Redeemed in November + Redeemed in December)

= $1,950 - ($195 + $455)

= $1,950 - $650

= $1,300

4 0
3 years ago
Ms. Z has decided to invest $75,000 in state bonds. She could invest in State A bonds paying 5 percent annual interest or in Sta
rodikova [14]

Answer:

Ms. Z should invest in the State A.

Explanation:

Coupons from State A = (1 - 0.33)*0.05*75000

                                      = 2512.5

Coupons from State R = (1 - 0.33 - 0.085)*.054*75000

                                     = 2369.25

Therefore, Ms. Z should invest in the State A .

7 0
2 years ago
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