Scholarships, grants and work-study money all reduce the ____

After all of the account balances have been extended to the Income statement columns of the worksheet, the totals of the debit a

Masja [62]

Answer:

a. $7, 283 net income

Explanation:

The debits in an income statement represents the expenses while the credit entries represent the income. As such, given;

Total debits = $20,303

Total credits = $27,586

Net income/(loss) = $27,586 - $20,303

= $7,283

Since the total credit (income) is more than the total debit, the net of the two balances result in a net income.

The answer is a. $7, 283 net income.

8 0

3 years ago

In your own words, what are three differences between the business concept and the business model statement?

PIT_PIT [208]

business models statement come up with strategies for the company such as branding, pricing and looking for potential partners & business concept is simply coming up with a unique selling proposition that helps the company stand out above the rest.

7 0

3 years ago

The rate of return on the common stock of Flowers by Flo is expected to be 14% in a boom economy, 8% in a normal economy, and on

tatuchka [14]

Answer:

variance of the returns is 0.00144

Explanation:

Given data

boom economy = 14% = 0.14

normal economy = 8% = 0.08

recessionary economy = 2% = 0.02

boom probabilities = 20% = 0.20

normal probabilities = 60% = 0.60

recessionary probabilities = 20% =0.20

to find out

the variance of the returns

solution

we know variance of the returns is sum of standard deviation

expected return = boom return × boom probability

expected return boom = 0.14 × 0.20 = 0.028

expected return = economy × economy probability

expected return economy = 0.08 × 0.60 = 0.048

expected return = recession × recession probability

expected return recession = 0.02 × 0.20 = 0.004

total expected return = 0.028 + 0.048 + 0.004 = 0.08

for boom economy

standard deviation = probability × (return - 0.08)²

standard deviation = 0.20 × (0.14 - 0.08)² = 0.00072 ..................1

for normal economy

standard deviation = probability × (economy - 0.08)²

standard deviation = 0.60 × (0.08 - 0.08)² = 0 ..................2

for recession economy

standard deviation = probability × (recession - 0.08)²

standard deviation = 0.20 × (0.02 - 0.08)² = 0.00072 ..................3

variance of the returns is sum of standard deviation

variance of the returns = 0.00072 + 0 + 0.00072

variance of the returns is 0.00144

4 0

3 years ago

Draw up a list of effectiveness goals that you would use to measure the performance of (a) a fast-food restaurant and (b) a scho

lesya692 [45]

Answer:

The presented is the list of efficiency guidelines established underneath to evaluate success.

Explanation:

<u>A fast-food restaurant</u>:

Quantified by the institution's earnings.
The measurement of efficacy through both the advertisement via recommendations from media.

<u>A school of business</u>:

The efficiency would be determined either by the arrangement offered by the university.
These are calculated by that of the outcome that the students received.

6 0

3 years ago

Despite recent pressure from stockholders to increase profits, World Extraction Corp., a global petroleum organization, has main

Harrizon [31]

Answer:

The answer is True.

Explanation:

From the description, it seems that World Extraction Corp is behaving in a socially responsible way – even though its stakeholders might not have the same view. Though in the long run, a company which behaves in socially responsible manner might accumulate enough goodwill from the society around it to be perceived with a good reputation, stakeholders who do not fit the company’s vision might end up being detrimental to the company’s business.

7 0

3 years ago

Scholarships, grants and work-study money all reduce the _____ of higher education.