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4 years ago

This graph compares the cost of an education at different institutions in Texas.

Business

1 answer:

ELEN [110]4 years ago

7 0

Answer:

private universities can cost three times as much to attend as public universities.

Explanation:

Private universities are more expensive to attend compared to public universities. As per the graph, the public university is cost 7,000 while private university costs 23,000 to attend. It is then correct to say that private universities cost more than three times as public universities ( 23,000/7,000= 3.29).

Community college costs 9000, while technical schools cost 4000; the cost is not five times more.

Technical schools 4,000 and community colleges are 9000; the costs are only two and a half more.

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QUESTION TWO

Elenna [48]

Explanation:

it's tedious. I need help on this question. it looks like an incomplete question

7 0

2 years ago

Which of the following is not important to know when preparing the flexible budget? A) Budgeted production levels B) Actual prod

mote1985 [20]

All of the above are important for the flexible budget

6 0

4 years ago

Grayson really wants to get an a on his upcoming math test but he hates studying. He decides to set a goal for himself to study

jeka57 [31]

Answer: short term goal

Explanation:

A short-term goal is a goal that an economic agent such as an individual or a fitm wants to achieve or accomplish soon. Short term goals are goal that one wants to achieve maybe today, in a week, in a month or even probably a year.

Since Grayson really wants to get an a on his upcoming math which is coming soon, the goal that he sets to study for twenty minutes every night is referred to as a short term goal.

5 0

3 years ago

Larry estimates that the costs of insurance, license, and depreciation to operate his car total $320 per month and that the gas,

Aleks [24]

Answer:

a) $534.06

b) NO

Explanation:

Given:

costs of insurance, license, and depreciation to operate his car = $320 per month

gas, oil, and maintenance costs = 14 cents per mile = $0.14 per mile

Now,

Fixed cost = $320 per month

Variable cost = $0.14 per mile

Therefore,

total cost = Fixed cost + Variable cost

= $320 + $0.14 × Number of miles driven

a) Total number of miles driven = 1,529

Thus,

total cost = $320 + $0.14 × 1,529

= $320 + $214.06

= $534.06

b) Since, $320 per month is the fixed cost, the fixed cost per mile will decrease with the increase in number of miles driven.

therefore, if Larry drives less than 1,400 miles, then the actual cost will be more than the cost based on a predetermined rate of cost

Therefore, it would not be meaningful for Larry to calculate an estimated average cost per mile for a typical 1,400-mile month

8 0

4 years ago

Shanken corp. issued a 30-year, 5.9 percent semiannual bond 6 years ago. the bond currently sells for 108 percent of its face va

bazaltina [42]

The pre-tax cost of debt is yield to maturity of the debt.

The yield to maturity of debt is calculated as -

Yield to maturity = ]Coupon payment + ( Face value - Current price) / Number of years)] / [ ( Face value + Current price) / 2]

Here,

Coupon payment = $ 29.50 (semi-annual, thus 5.9% / 2 * 1000)

Face value = $ 1,000

Price = $ 1,000 * 108% = $ 1,080

Number of years = 12 ( semi-annual, thus 6 years * 2)

Pre-tax cost of debt = [ 29.50 + (1,000 - 1080/12)] / [ (1000+1080)/2 ]

Pre-tax cost of debt = 2.196 %

Annual pre-tax cost of debt = = 2.20 % * 2 = 4.40%

After tax cost of debt = ( 1 - tax rate ) * Annual pre-tax cost of debt

After tax cost of debt = ( 1 - 35%) * 4.40 %

After tax cost of debt = 2.86 %

6 0

4 years ago