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2 years ago

Annalise received financial aid offers from two universities.

Business

2 answers:

natima [27]2 years ago

5 0

Answer:

Option A will save her $15,500.

Explanation:

Financial aid is the assistance given to students to cater to a college education. It excludes Scholarships and grants as these are not cost items by other forms of assistance.

Total for University Option A excluding scholarships and grants

Tuition & Fees $10,000

Room and Board $11,500

Work-Study $ 4,000

Total for A $25,500

For university option B

Tuition & Fees $28,000

Room & Board $ 9,000

Work-study $ 4,000

Total for B $41,000

Option B is more costly than A by :$41,000 - $25,500=$15,500.

Therefore, Option A saves $15,500

miv72 [106K]2 years ago

5 0

Answer:

Option A will save her $4,500.

Explanation:

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3 years ago

Discuss reasons why a business needs funding ?

castortr0y [4]

Answer:

Firms need finance to:

start up a business, eg pay for premises, new equipment and advertising.

run the business, eg having enough cash to pay staff wages and suppliers on time.

expand the business, eg having funds to pay for a new branch in a different city or country.

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2 years ago

Wu Production Company, which uses activity-based budgeting, is in the process of preparing a manufacturing overhead budget. Whic

creativ13 [48]

Answer:

Option which would likely appear on that budget will be:

Batch level costs: production setup.

Explanation:

Here the company uses activity based budgeting is a management accounting tool which new year budget is only seen by not considering the previous year records.

Activity based budgeting which is a budgeting method in which firstly the overhead costs are being calculated and the the budgets gets created.

Batch-level cost is a cost which is not associated with any given specific individual units but is associated with a group of units.

For example, to set up a production run the cost incurred is associated with the batch of goods that are produced subsequently.

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Since all of the expenses are related to the orders placed numbers, they must be allocated not to an individual product but to group of unit.

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3 years ago

Power Plate Inc., a consumer electronics manufacturer, introduced a new solar cooker in the market. The team responsible for the

Pepsi [2]

Answer:

Cross-functional team.

Explanation:

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3 years ago

You have accumulated $85,000 in student loans that average 5% interest. You graduate next month and will be paying off the loans

photoshop1234 [79]

Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 85000
PMT monthly payment?
R interest rate 0.05
K compounded monthly 12
N time 10 years
Solve the formula for PMT
PMT=Pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=85,000÷((1−(1+0.05÷12)^(
−12×10))÷(0.05÷12))
=901.55 round to the nearest tenth to get 900

Hope it helps!

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3 years ago