Expected Family Contribution- it’s the index measure of the families financial strength to determine how much financial aide the school will need to provide.
Answer:
C) Households may save part of the additional income from the tax cut
Explanation:
When we consider the total household income there is always a major part that is spent, this is called propensity to consume. It is defined as the proportion of total income that consumers are willing to spend.
But propensity to consume doesn't include 100% of household income, there also exists the propensity to save. That is the exact opposite, is the proportion of our income that we will save for future use.
Luckily for us all, the propensity to spend is usually much higher than the propensity to save. We have to remember that private consumption represents nearly 70% of the nation's GDP.
What households save goes to investment in GDP. Investment is always needed but it represents future growth of the GDP while consumption represents current growth of the GDP.
Michael's estimated current monthly take-home pay is $4,500. His total existing monthly disability benefits are $2,950. Michael's estimated monthly disability benefits needed are: $1,550.
<h3>What conditions are considered disability?</h3>
- According to the law, a physical or mental impairment that can be expected to cause death or that has lasted or is anticipated to last for a continuous period of at least 12 months qualifies as a disability if it prevents the person from engaging in any substantial gainful activity (SGA).
- Any additional benefits you received while receiving Disability Allowance or Blind Pension can be kept if you continue to work. However, your higher income may have an impact on how much Rent Supplement you receive. In general, when you participate in an employment scheme, you can keep any additional benefits you were receiving.
- Ask yourself where you stand in relation to your full retirement age if you're wondering whether disability would pay more. Disability levels will be higher if you fall below it. Social Security will be higher if you are over it.
To learn more about : Disability benefits
Ref : brainly.com/question/16810465
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Answer:
1. D
2. B
3. G
4. A
5. C
6. E
7. F
Explanation:
1. Notifies the materials manager to send materials to a production department: Materials requisition.
2. Holds costs of indirect materials, indirect labor, and similar costs until assigned to production: Factory overhead account.
3. Holds costs of direct materials, direct labor, and applied overhead until products are transferred from production to finished goods (or another department): Work in the process inventory account.
4. Standardizes partially completed units into equivalent completed units: Equivalent units of production.
5. Holds costs of finished products until sold to customers: Finished goods inventory account.
6. Describes the activity and output of a production department for a period: Process cost summary.
7. Holds costs of materials until they are used in production or as factor overhead: Raw materials inventory account.
Answer:
<u>A Strategic Alliance</u>
Explanation:
A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.
It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.
The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.
Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.
In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.
