2 years ago

Which of the following is not true about a community college

Business

2 answers:

Ivenika [448]2 years ago

7 0

Answer:

tuition is typically less and it does not earn any degree or certificate

erik [133]2 years ago

4 0

Answer:

Explanation:

Tuition is typically less is the answer

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A company earned $7,605 in net income for October. Its net sales for October were $19,500. Its profit margin is:

vivado [14]

Answer: 39%

Explanation:

From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.

To calculate its profit margin, we have to divide the net income by the net sales. This will be:

= 7605/19500

= 0.39

= 39%

3 0

3 years ago

You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye

lubasha [3.4K]

Answer:

Balance after 30 years = $151,018.50

Explanation:

In order to calculate this, we will calculate the future value on an amount invested, gaining interest over the years of investment, and this is given by:

$FV = PV (1 + r)^{t}$

where:

FV = future value

PV = present value

r = interest rate

t = time in years.

Hence the future value is calculated as follows:

1. For the first 10 years at 7% interest:

7% interest = 7/100 = 0.07

$FV = 12,500 (1 + 0.07)^{10}$

$FV = 12,500 (1.07)^{10}\\FV = 12,500 * 1.967 = 24,589.392$

2. For the last 20 years at 9.5%(0.095) interest:

Note that for the remaining 20 years, the present value (PV) used = 24,589.392, as ending balance after the first 10 years

$FV = 24,589.392 (1 + 0.095)^{20}$

$FV = 24,589.392 (1.095)^{20}\\FV= 24,589.392 * 6.1416\\FV = 151,018.496$

Total Future value earned = $151,018.50

5 0

2 years ago

When governments tax or regulate industries causing pollution, they are

LekaFEV [45]

I think it’s A Idek

4 0

3 years ago

Help! I already choose one of the correct answers

Eva8 [605]

1,D u answered it 2,B 3,A 4,E 5,C

8 0

3 years ago

Pre-determined overhead rates are calculated by dividing estimates of total factory overhead cost in the upcoming accounting per

Anna11 [10]

Answer:

The correct option is A, true

Explanation:

The predetermined overhead absorption rate is a forecast overhead rate usually computed by estimated total factory overhead by the planned usage or capacity of the unit of the activity.

This is more like planning ahead for the overhead to be incurred, hence the correct option is A , which truly supported that the statement made in the question

3 0

3 years ago