Answer:
The correct answer would be option C, 3.
Explanation:
There are three types of grants offered by the Federal Government.
These are as follows:
1) Federal Pell Grants
2) Federal Supplemental Education Opportunity Grants
3) Work Study Programs
Federal Pell Grants provides financial aid to the students, not exclusive to their family income, serves as the prized resource among students. There are certain conditions whom a student must fulfill in order to be eligible for this grant.
Federal Supplemental Education Opportunity Grants are the financial aids given to the students who have a very low expected family contribution towards their studies.This grant is given to the most needy students.
Work Study Programs also provide the financial aid to the students by providing them part time job opportunities to meet their financial college expenses.
Answer:
Osaka ROI is 28%
Yokohama ROI is 18%
Explanation:
The formula for return on investment =net income/average operating assets*100
For Osaka division:
net income is $749,000
average operating assets is $2,675,000
return on investment=$749,000/$2,675,000*100
=28%
For Yokohama
net income is $3,330,000
average operating assets is $18,500,000
return on investment=$3,330,000/$18,500,000
=18%
Even though Yokohama has a higher net operating income ,the Osaka division recorded a better performance using ROI as a performance metric,which shows profit computation is an absolute figure which does not consider the amount of resources invested in order to earn the profit
Answer:
. $45
Explanation:
Let X be the amount of equal charges per customer.
Therefore,
X-12+X-25+X-40+X=100.
4X-77=100
4X=177
X=44.25
Approximately $45
Answer:
11.89%
Explanation:
You can use a financial calculator to find the yield to maturity of the 2 year -zero coupon bond. Input the following;
Time to maturity; N= 2
Face value of the bond ; FV = 100
Annual coupon payments; PMT = 0 (since it's a zero-coupon bond)
Present value or price of the bond; PV = -79.88
Next, compute the annual interest rate; CPT I/Y = 11.89%
Therefore, the yield to maturity of the 2-year zero-coupon bond is 11.89%
