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hoa [83]
3 years ago
9

Drag the tiles to the correct boxes to complete the pairs. Match the scenarios with terms related to financial aid. Entrance cou

nseling FAFSA financial need Megan is planning to pursue an undergraduate degree in chemistry. But since her father lost his job five years ago, the family had been unable to save up enough for Megan's education. ArrowRight Kunal recently learned that he is going to receive a student loan. Now he needs to attend a session in which he will learn the how the loan process works, as well as his responsibilities as a borrower. ArrowRight Josie created an FSA ID and completed a long application form online. The form asked for a lot of financial details about Josie and her family. ArrowRight
Business
1 answer:
Brut [27]3 years ago
8 0

<u>A. Megan is planning to pursue an undergraduate degree in chemistry. But since her father lost his job five years ago, the family had been unable to save up enough for Megan’s education-------Financial Need</u>

<u></u>

A student's financial need refers to the difference  between the student's expense of participation at any College, and the sum their family is relied upon to contribute to the student's education. Since Megan's father lost his job and they have been unable to save money, So, the Megan's situation describe his financial need.

<u>B. Kunal recently learned that he is going to receive a student loan. Now he needs to attend a session in which he will learn the how the loan process works, as well as his responsibilities as a borrower-----Entrance Counseling</u>

In the event that you have not recently gotten a Direct Loan or Federal Family Education Loan (FFEL), the Federal Government expects you to finish counseling advising to guarantee that you comprehend the duties and commitments you are accepting.  

On the off chance that you are finishing entrance counseling to acquire a loan as an undergraduate student, at that point the entrance counseling will satisfy counseling necessities for Direct Subsidized Loans and Direct Unsubsidized Loans.

Kunal's situation describes entrance counseling.

<u>C. Josie created an FSA ID and completed a long application form online. The form asked for a lot of financial details about Josie and her family------FAFSA</u>

<u></u>

The Free Application for Federal Student Aid (FAFSA) refers to a form which is finished by current and prospective college students (undergrad and graduate) in the United States to decide their qualification for student financial aid. Finishing and submitting the FAFSA is free and gives you access to government student aid to pay for your school or college. An FSA ID gives you access to Federal Student Aid's online systems and can fill in as your lawful signature.  

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Assume the spot rate of the British pound is $1.73. The expected spot rate 1 year from now is assumed to be $1.66. What percenta
Alexandra [31]

Answer:

The correct answer is 4.05%.

Explanation:

According to the scenario, the given data are as follows:

Spot rate = $1.73

Expected spot rate after 1 year = $1.66

So, we can calculate the depreciation percentage by using the following formula:

Expected Depreciation = (Expected spot rate after 1 year - Spot rate) / Spot rate

So, by putting the value

= ($1.66 – $1.73) / $1.73

= - $0.07 / $1.73

= - 4.05%

Hence, the depreciation percentage is 4.05%.

8 0
3 years ago
Cookies by casey has sales of $487,000 with costs of $263,000. interest expense is $26,000 and depreciation is $42,000. the tax
Ber [7]

The net income of Cookies by casey is $123,240

What is net income?

The net income of the company is the excess of its sales revenue over all costs of the running the business, which includes, the costs of sale, interest expense, depreciation as well as the taxes payable to the government authority which is 21% of profits before tax in this case.

Profit before tax=sales-costs of sale-depreciation-interest expense

sales=$487,000

costs of sale=$263,000

depreciation=$42,000

interest expense=$26,000

profit before tax=$487,000-$263,000-$42,000-$26,000

profit before tax=$156,000

tax rate=21%

net income=profit before tax*(1-tax rate)

net income=$156,000*(1-21%)

net income=$123,240

Find out more about net income on:https://brainly.ph/question/2444259

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8 0
1 year ago
If parts are replaced when you have work done on your vehicle, __________.
abruzzese [7]
<span>If parts are replaced when you have work done on your vehicle,request the replaced parts be returned to you when you pick up your vehicle. We are replacing the parts for safeness of the vehicle which can avoid accidents due to old parts in the vehicle.Then we want to know which part is replaced so that for next time replacement it will be useful.Even replacements is of higher rate we don't want to risk our life and other's life.</span>
5 0
3 years ago
Read 2 more answers
Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. The Pound Co. paid the invoice within the disc
Scorpion4ik [409]

Answer:

c. $24,990

Explanation:

The Term 2/15 net 45 mean 2% cash discount is offered if the payment is made within 15 days otherwise the credit period is 45 days. There is no after 15 days of sale.

Amount of Sale = $25,500

Discount Rate = 2%

The Pound Co. paid the invoice within the discount period. They are eligible to receive the 2% discount on sale value.

Discount Amount = $25,500 x 2% = $510

Net Sales amount in this transaction = $25,500 - $510

Net Sales amount in this transaction = $24,990

8 0
3 years ago
All of the following are documents used for inventory control except:______.
damaskus [11]

Answer:

c. a petty cash voucher.

Explanation:

For controlling the inventory following documents are to be used i.e.

1.  Purchase order

2.  Vendor invoice

3. Receiving report

These three documents we called as an voucher package

But it does not involved the petty cash voucher

Therefore the correct option is c.

And, the same is to be considered

8 0
2 years ago
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