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3 years ago

Which statement best defines tuition?

2 answers:

7 0

A tuition is a sum of money charged for teaching or instruction by a school, college or university. in other words, fees or bills.

melomori [17]3 years ago

7 0

Tuition is money that is charged for teaching or instruction by either a school, college, university, church or other learning agency. Money that is owed to extracurricular activites like dance, sports or other programs may also be coined the name, tuition. Essentially, no matter where it is used, it is money that is due for receiving a lesson or service.

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Jim's Electrical is offered a $400,000 line of credit for six months at an APR of 9%. The bank requires that the firm keep an am

vitfil [10]

Answer:

9.90%

Explanation:

The appropriate approach is to include the amount expected to kept in non-interest bearing account as part of the loan

total loan=$400,000/0.95= 421,052.63

Interest charge = 421,052.63*9%*6/12=$18,947.37

interest rate percentage=$18,947.37/$400,000=4.74%

Effective annual rate=(1+4.74% /6)^12-1 =9.90%

By dividing by 6, the interest is expressed in monthly terms

By raising to the power of 12 , it is expressed in yearly terms

6 0

3 years ago

Risk-adjusted discount rates are used for proposals with different levels or classes of?

alisha [4.7K]

Risk-adjusted discount rates are used for proposals with different levels or classes of risk.

hazard adjusted to go back is a degree to find how a whole lot return and funding will offer given the extent of risk-adjusted to it. It enables the investor to make a contrast between the excessive chance and the low-chance go-back funding.

Risk-adjusted go back on capital is a chance-primarily based profitability measurement framework for analyzing chance-adjusted economic overall performance and supplying a steady view of profitability across agencies. The concept was developed by Bankers who agree with principal designer Dan Borge in the overdue 1970s.

Any ratio above 1 is normally taken into consideration as excellent, with 2 to 3 being terrific and whatever beyond that an exquisite guess. In this manner, buyers can see the excess returns they could assume in a change in step with a unit of danger, as Mutual fund A may be taken into consideration the better funding although it returned much less on average.

Learn more about Risk-adjusted here brainly.com/question/23948730

#SPJ4

6 0

2 years ago

What is the best investment option for a person who wants to make a long term tax free investment

jenyasd209 [6]

Joint-stock company

6 0

4 years ago

1. Do you think it's really important to start saving for retirement as early as possible? Why or

Colt1911 [192]

Yes, I think it is important to save for retirement as early as 18 years old. I think this so that if anything goes wrong you can have kind of like a safety net.

6 0

3 years ago

Selected condensed data taken from a recent balance sheet of Heidebrecht Inc. are as follows. HEIDEBRECHT INC. Balance Sheet (pa

Anuta_ua [19.1K]

Answer:

Explanation:

Working Capital:

Working Capital represents the capital available to an organisation to run its day to day expenses.

Formula= Current Assets-Current Liabilities

Total Current Assets= $45,210,000

Total Current Liabilities= $40,020,000

Working Capital= 45,210,000-40,020,000= $‭5,190,000‬

Current Ratio

This measures an organisation's ability to meet its financial obligations due within a year

Formula= Current Assets÷ Current Liablities

= 45,210,000÷40,020,000

= 1:13

Acid-test Ratio

The acid-test ratio is also known as the Quick Ratio. It represents a company's measure of liquidity and it indicates the company's ability to cover its short-term liabilities through its short-term Liquid (easily converted to cash) Assets.

Formula: (Current Asset-Inventory-Other Current Assets)÷ Current Liabilities

Current Asset- Inventory= 45,210,000-14,570,000-5,430,000= ‭25,210,000‬‬

Acid-test Ratio= ‭25,210,000‬÷ 40,020,000=0.63

Note: Other Current Assets were also deducted because we cannot easily decide whether they can be quickly or easily converted to cash or not.

7 0

3 years ago