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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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Which of the following sections of a business plan comes first but should be written last?
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Answer:

B. Executive Summary

Explanation:

Executive Summary is a business plan which comes first and should be written last

3 0
2 years ago
Sweet Tooth Candy Company budgeted the following costs for anticipated production for August:
lidiya [134]

Answer:

Fixed costs= $73,760

Variable cost= $159,430

Explanation:

<u>First, let's separate the factory overhead costs:</u>

<u></u>

Power and light 40,450

Factory insurance 23,560

Production supervisor wages 118,980

Production control wages 30,930

Factory depreciation 19,270

<u>Now, the fixed and variable costs:</u>

Fixed costs= Factory insurance 23,560  + Production control wages 30,930 + Factory depreciation 19,270

Fixed costs= $73,760

Variable cost= Power and light 40,450 + Production supervisor wages 118,980

Variable cost= $159,430

6 0
2 years ago
You are going to deposit $24,500 today. You will earn an annual rate of 5.5 percent for 8 years, and then earn an annual rate of
NeTakaya

Answer:

Future value at the end of 19 years =$63,637.94

Explanation:

<em>The Future value (FV) of an investment is the total amount (principal plus interest) that will accumulate in the future where interest is paid and compounded at a particular rate per period for a certain number of periods.</em>

This can be done using the formula below

FV = PV × (1+r)^(n)

FV- Future Value

PV- amount invested, n- number of years, r - interest rate

The amount due after 19 years would be determined in two steps

Step 1: FV of 24,500 at 5.5% for 8 years

FV = 24,500× (1+0.055)^8 =37,599.819

Step 2 : FV of 37599.81962  invested for 11 years at 4.9% p.a

FV = ?  P=37,599.81,  n- 11, r- 4.9%

FV = 37,599.81 × (1.049)^11= 63,637.94

Future value at the end of 19 years =$63,637.94

7 0
3 years ago
Improvement Planning is part of the __________ process:
hoa [83]
Improvement Planning is part of the A.) PROJECT MANAGEMENT process.

Project management process includes initiating, planning, executing, controlling, and closing the work of the team to achieve specific goals based on a specific criteria.

Improvement planning is in the latter part of the project management process wherein it is done after feedback from initial execution is given.
4 0
2 years ago
The marketing manager believes that increasing advertising costs by $74,000 in 2020 will increase the company’s sales volume to
serious [3.7K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The marketing manager believes that increasing advertising costs by $74,000 in 2020 will increase the company’s sales volume to 12,700 units.

<u>We weren't provided with enough information to solve the requirement. But, I will provide the general structure:</u>

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Sales= (number of units*selling price per unit)=

Total variable cost= (total variable cost per unit*number of units)=

Contribution margin=

Fixed costs= (fixed costs + incremental fixed costs)=

Net operating income

<u>If we want to determine the effect on income without an income statement:</u>

Effect of income= incremental units*contribution margin - incremental fixed costs

Contribution margin= selling price - unitary variable cost

4 0
3 years ago
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