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Julli [10]
2 years ago
12

Capital State University agreed to pay for Irene to attend their school and play lacrosse for their team. As part of their arran

gement, Irene is not required to pay the school back. Which form of financial aid did Irene receive
Business
1 answer:
nika2105 [10]2 years ago
8 0

Based on the information given the form of financial aid that Irene receive is: Scholarship.

Scholarship is a form of financial aid or financial assistance granted to an individual in order to support them.

Example when a person education or tuition fees is fully paid without the person paying a dime, it is called scholarship.

Based on the information given the financial aid that Irene receive is called scholarship because the university fully paid Irene tuition without Irene paying a dime.

Inconclusion  the form of financial aid that Irene receive is: Scholarship.

Learn more about scholarship here:

brainly.com/question/9958317

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Yvette is considering taking out a loan with a principal of $16,200 from one of two banks. Bank F charges an interest rate of 5.
zhannawk [14.2K]
<span>Yvette should choose Bank F’s loan if she wants more about lower monthly payments, and she should choose Bank G’s loan if she wants more about the lowest lifetime cost.
</span>
These are the calculations for each bank.

BANK F:
Annual Payments=<span>$210.53
Total Interest=</span><span>$4,011.13

BANK G:
Annual Payments=</span><span>$238.21
Total Interest=</span><span>$3,810.05</span>
7 0
3 years ago
Read 2 more answers
Retained earnings is a. The positive cash flows of a company. b. The net worth of a company. c. The owners' equity that has accu
umka2103 [35]

Answer:

The correct answer is letter "C": The owners' equity that has accumulated as a result of profitable operations.

Explanation:

Retained Earnings are the part of the company's net profits it does not pay out as dividends to shareholders. The company retains the money and reinvests it in the company, or uses it to pay off a part of its debt. To see how much profits a corporation has kept, look under the Shareholder's equity in the Balance Sheet.

3 0
3 years ago
Marla, the new accountant, impressed the interview committee because she graduated at the top of her class. the department super
Stells [14]
This is the Halo Effect
5 0
3 years ago
Melissa is a self-employed lawyer who chooses a higher-priced restaurant 2 miles from home over a cheaper restaurant 15 miles fr
kiruha [24]

Answer:

Option (E) is correct.

Explanation:

The opportunity cost refers to the benefits that are sacrificed by choosing some other alternative.

In our case, there are two restaurants as follows:

One is 2 miles away from home with higher prices

Second one is 15 miles away from home with lower prices

But Melissa chooses the first one by comparing the opportunity cost associated with each option relative to the other option.

This is because of the higher opportunity cost associated with second restaurant offsets the higher monetary cost of the first restaurant.

4 0
3 years ago
Lindsey Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A
natita [175]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the activities rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 1= 24,000 / 1,000= $24 per activity unit

Activity 2= 36,900 / 900= $41 per activity unit

Activity 3= 63,000 / 1,800= $35 per activity unit

<u>Now, we can allocate costs to product A:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Activity 1= 24*200= $4,800

Activity 2= 41*750= $30,750

Activity 3= 35*1,000= $35,000

Total allocated costs= $70,550

<u>Finally, the unitary cost:</u>

Unitary cost= 70,550 / 5,000= $14.11

3 0
3 years ago
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