All categories

3 years ago

Develop a plan in which Ethan can finish his degree without debt

Business

1 answer:

DanielleElmas [232]3 years ago

3 0

Answer:

Ethan can finish his degree without debt if he works part time after his studies and earns at least $9,000 which is his university fee.

Explanation:

Ethan is developing strategies to finance his studies. He do not wishes to secure loan to pay his fee. He can work part time and earn some amount which he should save in order to pay off his fee. He can earn more money by selling some goods that he can make on his own. Some art and craft things that are admired by people can bring him money.

You might be interested in

The beta of Stock A is –0.4 (indicating that its returns rise when returns on most other stocks fall). If the risk-free rate is

Marianna [84]

Answer:

=2.98%

Explanation:

Use CAPM to find the required return of the stock;

CAPM: r = risk free + beta(market return - risk free)

risk free = 4.5% or 0.045 as a decimal

beta = -0.4

market return = 8.3% or 0.083 as a decimal

Next, plug in the numbers into the CAPM formula;

r = 0.045 -0.4(0.083 - 0.045)

r = 0.045 -0.0152

r = 0.0298 or 2.98%

Therefore the required return is 2.98%

4 0

3 years ago

Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9

jasenka [17]

Answer:

Accounts receivable for 2019 = $590,000

Accounts receivable for 2018 = $570,000

Explanation:

The computation of accounts receivable for both years is shown below:-

2019 2018

Sales $7,906,000 $6,726,000

Accounts receivable

Beginning balance $600,000 $540,000

Ending balance $580,000 $600,000

Accounts receivable $590,000 $570,000

Working note:-

Average Accounts receivable for 2019 = ($600,000 + $580,000) ÷ 2

= $590,000

Average Accounts receivable for 2018 = ($540,000 + $600,000) ÷ 2

= $570,000

7 0

3 years ago

If your payment history counts for 35% of your credit score and the type of credit you use accounts for 10% of your score, which

ivolga24 [154]

You'll want to establish a clear payment history, your payment history, or also known as your payment performance is the record you have by paying your bills on time, or not.. so yeah just having a clear payment history will help you out alotttt

6 0

3 years ago

A consumer has a choice of spending $20,000 on a Honda or $14,000 on a Kia. She was observed buying a Kia during the weekend. Do

max2010maxim [7]

Answer: Not necessarily

Explanation:

Consumer purchase decisions are dependent on multiple factors such as price, income and preference. It could be that the customer purchased the Kia because the price was less than that of the Honda and so she wanted to save and costs and bought the less expensive choice.

It could also mean that the Kia was all she could afford based on her income so she bought that. It could however also mean that the Kia is her preference as compared to the Honda so she chose that instead.

It is therefore not a foregone conclusion that she bought the Kia simply because she preferred it. More information would be needed to reach that conclusion definitively.

7 0

3 years ago

When writing formal letter, you should introduce yourself to the recipient by..

Ket [755]

<span>Knowing how to introduce yourself in the letter can certainly help you gain the respect and attention after proper submission of your resume. is the answer</span>

8 0

3 years ago

Read 2 more answers