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kotykmax [81]
2 years ago
13

Why would applying to as many scholarships as possible reduce your student debt?

Business
2 answers:
Anna35 [415]2 years ago
7 0

Answer:

......................

PolarNik [594]2 years ago
5 0

Most scholarships provide financial/tuition aid. This means more of your tuition is paid out of the organization/government's pocket, versus out of your own. With no scholarships, you'd likely need to get a loan to fully pay off tuition; which would launch you into student debt. With partially paid off tuition, you don't need nearly as much money for tuition (but likely still need a loan), so this debt would be reduced by quite a bit.

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Over the past year, the current assets account on the common-size balance sheet of a firm has decreased, while the current liabi
Free_Kalibri [48]

Answer:

Decreased

Explanation:

Liquidity or current ratio =  Current Assets / Current liabilities

If the current asset has been decreased and the current liabilities has been increased then the answer would be higher than before.

The current ratio tells the same and the only difference written above and in current ratio is that the above mentioned Answer is conceptual based whereas current ratio uses numerical values of current assets and current liabilities written in the balance sheet.

Current ratio tells us that whether or not the company is able to meet its short term liabilities (Current Liabilities) using its short term asset (Current Assets).

Remember that the current assets are the assets that are convertible to cash within next 12 months. Whereas current liabilities are the liabilities which we have to pay in cash within the next 12 months.

3 0
3 years ago
On January 1, 2009, Coronado Industries purchased for $690000, equipment having a useful life of ten years and an estimated salv
JulijaS [17]

Answer:

There is not gain in this operation so the answer is $0

Explanation:

There are some journal entries that needs to be done to have a full picture of the statement

* Purchase

Fixed Assets                        690.000

Cash                                                        690.000

* Monthly depreciation

Since, the FA was depreciated during 8 years. Firstly you have to calculate the amount that can be depreciate on a monthly basis

Amount to be depreciated = (Cost of the FA - Salvage value) = (690.000-48.600) = 641.400

Then calculate the yearly depreciation

Yearly depreciation = ((amount to be depreciated/useful life) * years used) =

(641.400/10*8) = 513.120

then the journal entry to record the monthly depreciation for 8 years is

Depreciation expense          513.120

Acc Depreciation                                   513.120

* Post the Journal Entry to record the sell of FA

You have to reverse the Acc Depreciation and credit the FA

Cash                                     152.500

Fixed assets                                         690.000

Acc depreciation                   513.120

Loss on sale of FA                   24.380

6 0
3 years ago
Shares of common stock of the Samson Co. offer an expected total return of 13.0 percent. The dividend is increasing at a constan
krok68 [10]

Answer:

b. 7.60 percent.

Explanation:

Dividend yield = expected return - dividend growth rate

  • expected return = 13%
  • dividend growth rate = 5.4%

dividend yield = 13% - 5.4% = 7.6%

Dividend yield is a financial metric that measures the rate of return that a stockholder receives every time a dividend is distributed. You can also calculate it by dividing dividends received by stock price.

4 0
2 years ago
Elliston company accepted credit card payments for $10,000 of services provided to customers. the credit card company charges a
Nastasia [14]

To solve this question, take 3% of $10,000 to see what the increase would be:

$10,000 x 3% = $300

There is an increase of $300 due to the 3% credit card processing fee that the credit card company is imposing on Elliston.

8 0
3 years ago
Metroplex Corporation will pay a $2.50 per share dividend next year. The company pledges to increase its dividend by 4.70 percen
postnew [5]

Answer: $27.47

Explanation:

Given: Growth rate =  4.70% per year = 0.0470 per year

Dividend of next year = $2.50

Expected rate of return on Stock =  13.80% =0.1380

Current price = (Dividend of next year ) ÷ (Expected rate - Growth rate)

= (2.50)÷ (0.1380-0.0470)

= (2.50) ÷ (0.091)

≈  $27.47

Hence,   you will pay  $27.47 for the company's stock today.

7 0
3 years ago
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