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3 years ago

Distinguish between the features and benefits of getting a student loan and getting a grant or a scholarship.

Business

2 answers:

Yuliya22 [10]3 years ago

5 0

Student Loan:

borrowed money that needs to be repaid
part of credit history

Grant or Scholarship

given on the basis of financial need
Given based on academic achievement and financial need

The major difference between loans and scholarships is that loans will have to be repaid and scholarships do not.

Firdavs [7]3 years ago

4 0

Answer:

Student Loan

- Borrowed money that needs to be repaid

- Part of credit history

Grant or scholarship

- Given based on financial need

- Given based on academic achievement and financial need

Explanation:

Just took the test

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Automobile firms can use their inputs to make hybrid cars or "regular" (non-hybrid) cars. If the equilibrium price of hybrid car

77julia77 [94]

Answer: a) an increase in the Equilibrium price of "regular" cars.

Explanation:

It is stated that the automobile companies use their inputs to make either the hybrid cars or the regular cars.

If the price of the Hybrid cars rises sharply, Automobile companies will make more Hybrid cars so as to take advantage of the situation and make more profit.

This would reduce the amount of inputs that they have available for regular cars and so they will make less regular cars.

As this supply of regular cars decreases,the supply curve will shift to the left and the price will increase to cater for this reduction in supply.

7 0

2 years ago

A third method for determining the forecasted cost at completion is to re-estimate the costs for all the remaining work to be pe

faust18 [17]

Answer:

A. the FCAC is less than the TBC

Explanation:

If the amount of cumulated actual costs is less than difference between the total budgeted cost and the re-estimate, then the FCAC is less than the TBC

3 0

2 years ago

Boris, Inc. sells a single product for $900 per unit, including a 90-day warranty against defects. It is estimated that 3% of th

Dimas [21]

Answer:

the amount that added to estimated liability is $1,330

Explanation:

The computation of the amount that added to estimated liability is as follows

= 800 units sold × 3% defective - five defective units

= 24 units - 5 units

= 19 units

Now the amount that should be added is

= 19 units × $70 per unit

= $1,330

Hence, the amount that added to estimated liability is $1,330

The same is to be considered

7 0

2 years ago

Headland Mining Company purchased land on February 1, 2020, at a cost of $1,169,500. It estimated that a total of 52,800 tons of

Nat2105 [25]

Answer:

1. $26 per unit

2. $183,040

3. $503,360

Explanation:

1. Computation of per unit mineral cost

Per unit mineral cost=(1,169,500+96,300+214,000-107,000)/52,800

Per unit mineral cost=1,372,800/52,800

Per unit mineral cost=$26 per unit

Therefore the Per unit mineral cost will be $26 per unit

2. Computation of Total materials cost

Total materials cost= (26,400 tons-19,360 tons)*26

Total materials cost=7,040*26

Total materials cost=$183,040

Therefore the Total materials cost will be $183,040

3. Calculation for the Total materials cost in Cost of goods sold

Total materials cost in Cost of goods sold= (19,360*26)

Total materials cost in Cost of goods sold =$503,360

Therefore the Total materials cost in Cost of goods sold will be $503,360

8 0

3 years ago

The amount by which government expenditures exceed revenues during a particular year is the:A. public debt.B. budget deficit.C.

slava [35]

Answer:

The correct answer is

B. budget deficit

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4 0

3 years ago