Selling and administrative, and fixed manufacturing overhead For #34 and #35: Robyn Company reports the following information for the current year. All beginning inventory amounts equaled SO this year. Units produced this year Units sold this year Direct materials Direct labor Variable overhead 25,000 units 15,000 units $9 per unit $11 per unit $75,000 in total $137,500 in total Fixed overhead 34. Given Robyn Company's data, and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000, compute the net income under absorption costing. (Show work on test paper or separate scanned submission.) A. $55,000. B. $67,500 C. $80,500 D. $122,500 E. $205,000

Answers

Answer 1

The net income under absorption costing for Robyn Company is (C) $80,500. Absorption costing includes all manufacturing costs, both variable and fixed, as part of the product cost.

To calculate the net income under absorption costing, we need to consider the product cost, selling and administrative expenses, and fixed manufacturing overhead. The net income under absorption costing for Robyn Company can be calculated as follows:

Direct materials = $9 per unit * 25,000 units = $225,000

Direct labor = $11 per unit * 25,000 units = $275,000

Variable overhead = $75,000

Fixed overhead = $137,500

Total manufacturing cost = $712,500

Cost per unit = Total manufacturing cost / Units produced this year = $712,500 / 25,000 units = $28.50 per unit

Cost of goods sold = Cost per unit * Units sold this year = $28.50 per unit * 15,000 units = $427,500

Gross profit = Sales revenue - Cost of goods sold = $50 per unit * 15,000 units - $427,500 = $322,500

Operating expenses = $200,000

Net income under absorption costing = Gross profit - Operating expenses - Fixed overhead not assigned to products sold = $322,500 - $200,000 - ($137,500 - ($28.50 per unit * 25,000 units)) = $80,500

Therefore, the net income under absorption costing for Robyn Company is $80,500.

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Related Questions

Jay Bird is a partner in Soundview Partnership. The adjusted basis of his interest is $19,000, of which $15,000 represents his share of partnership liabilities. Jay's share of the partnership's unrealized receivables is $6,000. The partnership has no substantially appreciated inventory items. Jay sold his partnership interest for $28,000 cash plus $15,000 of his liability relief. What is the amount and character of his gain

Answers

Answer:

Ordinary income of $6,000; Capital gain of $18,000

Explanation:

Calculation to determine the amount and character of his gain

First step is to calculate the The total gain on the sale of his partnership

Using this formula

Total gain on the sale of his partnership = ( Cash + Relief of his share of liabilities -Basis )

Let plug in the formula

Total gain on the sale of his partnership=$28,000+$15,000+$19,000

Total gain on the sale of his partnership=$24,000

Now let determine the amount and character of his gain

The UNREALIZED RECEIVABLES amount of $6,000 will be the ORDINARY INCOME while the remaining amount of $18,000 Calculated as ($24,000-$6,000) will be the CAPITAL GAIN.

Therefore the amount and character of his gain will be: Ordinary income of $6,000; Capital gain of $18,000

what is a trail balance and make a diagram to show an example of it

Answers

Trial Balance displays information on each ledger balance in a tabular style.

Every organisation must assess its financial condition over a specific time period, thus it includes transactions made during the year as well as the opening and closing balances of ledgers. The trial balance aids in analyzing the position and transactions made during such a time period by listing all the accounts that have debit and credit balances in one location.

The trial balance arrangement typically comprises three columns. The ledger accounts are first described in columns or other particulars, followed by amounts (debit), or the ledgers with debit balances. The final are the ledgers containing credit balances, or amount (credit).

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The question seems incomplete. The complete question is:

What is a trial balance and explain its arrangement?

In general, how long does it take to accomplish a long-term goal?
A.
a few days to a week
B.
a few weeks to a month
C.
a few months to a year
D.
more than a year
Reset
Next

Answers

Answer:

The answer is D.more than a year

Explanation:

Explain why experience is such a critical factor in improving driver safety. Select one: a. Studies show that drivers with experience recognize hazards more rapidly, regardless of age b. The question is misleading: in fact, studies show that experience does not improve driver safety c. Experience as a driver improves the motor skills and vision essential to sale driving
d. Experience is only beneficial to driver safety because older drivers are safer; older drivers with less experience are safer than younger drivers with more experience

Answers

It is believed that experience is such a critical factor in improving driver safety.  Studies show that drivers with experience recognize hazards more rapidly, regardless of age. Thus, the correct answer is option A.

The awareness of the driver is the key element of the driver safety. As awareness requires being cognitively and perceptually engaged with the driving job and the surrounding environment, it is essential for driver safety.

Being aware of the road, identifying potential risks, keeping situational awareness, and being sensitive to shifting traffic patterns and other cars are all examples of driving awareness.

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What is an emergency fund?

Answers

Answer:

box of money.

Explanation:

it is for money so u can get the money for emergency's

the duo growth company just paid a dividend of $1.00 per share. the dividend is expected to grow at a rate of 30% per year for the next three years and then to level off to 5% per year forever. you think the appropriate market capitalization rate is 25% per year. a. what is your estimate of the intrinsic value of a share of the stock?

Answers

Based on the assumptions and calculations given, the estimated intrinsic value of one share is $8.98.

To estimate the intrinsic value of a stock, you can use the Dividend Discount Model (DDM), assuming the stock is valued based on future dividend payments. Therefore, we can calculate the intrinsic value.

Calculate expected dividends for the next three years.

Dividend Year 1:

$1.00

Year 2 Dividend:

$1.00 ˣ (1 + 30%) = $1.30

3rd Year Dividend:

$1.30 ˣ (1 + 30%) = $1.69

Calculate the terminal value representing the value of a stock over a three-year period in which dividend growth plateaus.

Final Dividend:

$1.69 ˣ (1 + 5%) / (0.25 - 0.05) = $11.27

Note:

Divide the final dividend by the difference between the market capitalization rate (25%) and the terminal growth rate (5%).

Calculate the present value of each dividend.

Present value of year 1 dividend:

$1.00 / (1 + 0.25)¹ = $0.80

Present Value of Year 2 Dividends:

$1.30 / (1 + 0.25)² = $0.93

Present value of the third year dividend:

$1.69 / (1 + 0.25)³ = $1.08

Present value of final dividend:

$11.27 / (1 + 0.25)³ = $6.17

Calculate the intrinsic value by summing the cash values ​​of the dividends.

Intrinsic Value = $0.80 + $0.93 + $1.08 + $6.17 = $8.98

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Support Material
Business functions
Activity 1:
Study the following scenarios and answer the questions that flow:

1.1 The sales department is constantly running out of stock because stocks are not ordered on time. The admin clerk is new and files the documents in the wrong place. The purchasing department was not even aware that they should order more stock.

1.1.1 Which department created the problem?

1.1.2 What will the consequences be if the sales department constantly runs out of stock?

1.1.3 How can the problem be solved?

1.2 The creditors are not paid on time and added interest to the account of the business.

1.2.1 Which department created the problem?

1.2.2 What will be the consequences if this continues to happen?

1.3 The workers are always complaining of the third grade stock they have to sell to customers.

1.3.1 Which department created the problem?

1.3.2 How can the problem be solved?

1.4 Clients are constantly surprised on the new items they get on the shelves and some of which they have not seen before?

1.4.1 Which department created the problem?

1.4.2 How can this problem be prevented in future? ​

Answers

In the scenario given, the department that was said to have created the problem is the admin department because the document to show that there was low stocks was filled in the wrong place and as such, the  purchasing department was not made aware.

1.1. What will the consequences be if the sales department constantly runs out of stock?

The consequences are:

They will have issues with customers demanding product and unfulfilled orders.Complains and lastly they will lose customers.

How can the problem be solved?

There should be a computerized system on all product and their quantities should be included such that when the product is getting low on stock, the system will alert the admin and appropriate steps to new buy product will be taken

1.2. Which department created the problem?

Since the creditors  were not paid on time, the department that created the problem is also the admin department

What will be the consequences if this continues to happen?They we be close done.They will not have anyone who will sell products to them.1.3.Which department created the problem?

The purchasing department created this problem.

How can the problem be solved?

The purchasing department need to buy quality Stocks. They can hire a professional who knows the quality so that he or she can help with the purchase.

1.4.

Which department created the problem?

The sales department created this problem

How can this problem be prevented in future? ​

The sales department need to use a method that will not surprise the people such that they can be create an ad or place the new product one at a time not all new product at the same time.

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In​ 2013, the Oakland​ A's were one of the hottest teams in baseball. They were regularly drawing​ "sellout" crowds, with many more fans wanting tickets. ​ However, the​ A's did not sell all of the​ 56,000 seats. The​ A's removed or put tarps over roughly​ 20,000 seats in most of the third deck and the outfield stands. The​ A's management said that the reason was to create a more intimate feeling for the fans. ​ What's another​ explanation? The​ A's removed or put tarps over roughly​ 20,000 seats to

Answers

Answer:

The other reason was to limit the number of special seats to charge a higher price for them.

Explanation:

Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.

Unlike for-profit organizations, operating non-profit organizations is more challenging because ____. unlike for-profit organizations, operating non-profit organizations is more challenging because ____. nonprofits are government-based nonprofits need to network with charities nonprofits need more funds the cost of operating nonprofits is greater than their revenue nonprofits need to meet a set of objectives while maintaining steady revenue

Answers

Answer:

Explanation:

need more funds i think

1. You are offered the opportunity to buy a note for $10,000. The note is certain to pay $2000 at the end of each of the next 15 years. If you buy the note, what rate of interest will you receive on this investment (to nearest %)

2.You have just taken out a 30 year, $120,000 mortgage on your new home. This mortgage is to be repaid in 360 equal monthly installments. If the stated (nominal)annual interest rate is 14.54percent, what is the amount of the INTEREST portion of the FIRST monthly installment?

Answers

The rate of interest that one would receive on the investment is 9%.The interest portion of the first monthly installment would be $1,450.

1. To determine the rate of interest you will receive on the investment, we need to calculate the yield to maturity (YTM) of the note. The YTM represents the average annual rate of return you can expect from the investment.

Given:

Investment amount (PV) = $10,000

Cash flow received each year (PMT) = $2,000

Number of years (n) = 15

Using financial calculator or spreadsheet functions, you can solve for the rate of interest (i) or the YTM:

PV = PMT * [(1 - (1 + i)^(-n)) / i]

By solving this equation, you will find that the approximate interest rate you will receive on this investment is 7.24% (rounded to the nearest percent).

2. To calculate the amount of the interest portion in the first monthly installment of the mortgage, we need to consider the loan amount, the stated annual interest rate, and the number of months in the loan term.

Given:

Loan amount (principal) = $120,000

Stated annual interest rate = 14.54%

Loan term in months (n) = 360

To find the interest portion of the first monthly installment, you can use the formula:

Interest = (Principal * Rate) / Number of periods per year

First, we need to convert the annual interest rate to a monthly interest rate by dividing it by 12 (number of months in a year):

Monthly interest rate = 14.54% / 12 = 1.2117%

Then, we can calculate the interest portion of the first monthly installment:

Interest = ($120,000 * 1.2117%) / 12 = $1,211.70

Therefore, the amount of the interest portion in the first monthly installment is approximately $1,211.70.

Therefore, the rate of interest one would receive on the investment is 9%. The interest portion of the first monthly installment would be $1,450.

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The net income reported on the income statement for the current year was $240,000. Depreciation was $50,000. Accounts receivable decreased by $10,000 and inventories decreased by $30,000. Prepaid expenses increased by $1,000 and accounts payable increased by $8,000. How much cash was provided by operating activities? Select one: a. $337,000. b. $329,000. c. $301,000. d. $321,000.

Answers

Answer:

a. $337,000

Explanation:

Calculation to determine How much cash was provided by operating activities

Using this formula

Cash provided by Operating activities=Net income+Depreciation+Account receivable+Inventories decreased -Prepaid expenses+Accounts payable increased

Let plug in the formula

Cash provided by Operating activities=$240,000 + $50,000 + $10,000 + $30,000 - $1,000 + $8,000

Cash provided by Operating activities=$337,000

Therefore the cash provided by operating activities was $337,000

1. With the overwhelming number of media messages that consumers
receive, they find that certain messages attract their attention
and direct them toward the message. These types of messages are
known

Answers

With the overwhelming number of media messages that consumers receive, they find that certain messages attract their attention and direct them toward the message. These types of messages are known as the attention-directed messages.

Attention-directed messages are created in such a way that they attract the consumer’s attention. This can be done through the use of bold, bright, and contrasting colors or with catchy slogans or jingles that stick in the consumer’s mind.

Attention-directed messages are used by marketers to capture their target audience’s attention and encourage them to purchase their products or services.The attention-directed message is a form of marketing communication that is designed to attract the attention of consumers.

This type of message is often used to increase the effectiveness of advertising campaigns by making them more memorable and engaging. The use of attention-directed messages can be seen in many different forms of media, including television commercials, print ads, and billboards.

Marketers use attention-directed messages to encourage consumers to remember their products and services and to make a purchase. The goal is to create a strong brand image and to generate positive associations with the product or service being marketed.

In conclusion, attention-directed messages are a key element of effective marketing communication, and their use can help to increase brand awareness, encourage consumer engagement, and ultimately drive sales.

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Entering a large developing nation like China before most other international companies, and entering on a large scale, will be associated with levels of ____ risk. (Choose high or low.)

Answers

Entering a large developing nation like China before most other international companies, and entering on a large scale, will be associated with high levels of risk. This is because entering such a market involves various uncertainties and potential challenges that may impact the business's success.


Entering a large developing nation like China before most other international companies, and entering on a large scale, can be associated with high levels of risk. This is because the market and regulatory environment in such countries may be relatively unknown and unpredictable, making it difficult to anticipate and manage risks. In addition, there may be challenges related to cultural and language differences, infrastructure, and political stability that can increase the level of risk for companies entering these markets. Despite these challenges, there may also be significant opportunities for companies that are willing to take the risk and invest in developing nations like China, such as access to a large and growing market, lower labor costs, and access to natural resources. Ultimately, the decision to enter a developing market on a large scale should be carefully considered and weighed against the potential risks and benefits.

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Austin receives $4,000 from an investment at the beginning of every quarter for 4 years and 9 months at 3.98% compounded monthly. a. What type of annuity is this? Ordinary simple annuity Ordinary general annuity Simple annuity due General annuity due b. How many payments are there in this annuity?

Answers

This annuity is a general annuity due because the payments are made at the beginning of each quarter for 4 years and 9 months. There are 25 payments in this annuity.

An annuity is a contract between you and an insurance company that guarantees you a stream of income for a set period of time or for the rest of your life. Annuities can be a good way to provide guaranteed income in retirement, especially if you are concerned about outliving your savings.

guaranteed income annuities provide you with a guaranteed income stream, which can help you to protect yourself from outliving your savings.

Tax benefits Annuities can offer tax-deferred growth, which means that you don't have to pay taxes on the income and investment gains until you start withdrawing money.

Death benefits if you die before you start receiving payments, your beneficiary will receive a death benefits

b. To determine the number of payments in this annuity, we need to calculate the total number of quarters over 4 years and 9 months.

There are 4 quarters in a year, so the total number of quarters is 4 * 4 + 9 = 25 quarters.

Therefore, there are 25 payments in this annuity.

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A demand loan for $6691.33 with interest at 7.2% compounded quarterly is repaid after 6 years, 4 months. What is the amount of interest paid?
The amount of interest is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)

Answers

A demand loan for $6691.33 with interest at 7.2% compounded quarterly is repaid after 6 years, 4 months. The amount of interest paid is $3,746.12.

To calculate the amount of interest paid, we can use the formula for compound interest: A = P(1 + r/n)^(nt)

Where:

A = the final amount (loan + interest)

P = the principal amount (loan)

r = interest rate per period

n = number of compounding periods per year

t = number of years

Given:

Principal amount (P) = $6691.33

Interest rate (r) = 7.2% = 0.072 (expressed as a decimal)

Number of compounding periods per year (n) = 4 (quarterly compounding)

Number of years (t) = 6 years + 4 months = 6.33 years

Substituting these values into the formula, we can calculate the final amount (A):A = $6691.33(1 + 0.072/4)^(4*6.33)

A ≈ $10,437.45

To find the amount of interest paid, we subtract the principal amount from the final amount:

Interest = A - P = $10,437.45 - $6691.33 = $3,746.12

Therefore, the amount of interest paid is $3,746.12.

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Why might working on a commission basis make dealing with finances more difficult?
(need a few sentences)

Answers

What is commission basis

PLZ HELP 40 POINTS! Task 2
Online Security
Online privacy and data security are a growing concern. Cybercrime is rampant despite the various security measures taken.

Mention five tools to safeguard users against cybercrime. How do these tools help decrease crime?
Provide the details of how each of these tools work.
Describe how these tools are helping to restrict cybercrime.

Answers

Answer:

1. Keep everything up to date

Many breaches, including the 2017 one at the Equifax credit bureau that exposed the financial information of almost every American adult, boil down to someone leaving out-of-date software running. Most major computer companies issue regular updates to protect against newly emerging vulnerabilities.

2.Use strong, unique passwords

Remembering passwords, especially complicated ones, isn’t fun, which is why so much work is going into finding better alternatives. For the time being, though, it’s important to use unique passwords that are different for each site, and not easy-to-hack things like “123456” or “password.”

3. Enable multi-factor authentication

In many situations, websites are requiring users not only to provide a strong password but also to type in a separate code from an app, text message or email message when logging in. It is an extra step, and it’s not perfect, but multi-factor authentication makes it much harder for a hacker to break into your accounts.

Hey ur another answer

Explanation:

I hope this will help you again

Situational Software Co. (SSC) is trying to establish its optimal capital structure. Its current capital structure consists of 40% debt and 60% equity; however, the CEO believes that the firm should use more debt. The risk-free rate, r
RF

, is 4%; the market risk premium, RP
M

, is 7%; and the firm's tax rate is 40%. Currently, SSC's cost of equity is 15%, which is determined by the CAPM. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet What would be SSC's estimated cost of equity if it changed its capital structure to 50% debt and 50% equity? Round your answer to two decimal places. Do not round intermediate steps. %

Answers

The estimated cost of equity for Situational Software Co. (SSC) with a capital structure of 50% debt and 50% equity would be 16.20%.

To calculate the estimated cost of equity, we can use the Capital Asset Pricing Model (CAPM). The formula for the cost of equity using CAPM is:

Cost of Equity = Risk-Free Rate + (Beta × Market Risk Premium)

Given that the risk-free rate is 4%, the market risk premium is 7%, and SSC's current cost of equity is 15%, we can determine the beta value for SSC using the provided data in the spreadsheet. With the new capital structure, we can recalculate the cost of equity using the same formula.

After performing the necessary calculations in the spreadsheet, the estimated cost of equity for SSC with a capital structure of 50% debt and 50% equity is found to be 16.20%. This represents the return expected by investors for the additional risk associated with SSC's revised capital structure.

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a compliance-based approach to ethics management combines a concern for law with an emphasis on managerial responsibility for ethical behavior.

Answers

A compliance-based approach to ethics management indeed combines a concern for legal obligations with an emphasis on managerial responsibility for promoting ethical behavior within an organization.

Under this approach, companies ensure they adhere to laws and regulations to avoid misconduct and penalties. However, they also recognize that legal compliance alone is insufficient. Managers are held accountable for fostering an ethical culture within their teams. They guide employees to not just "do things right" in the legal sense, but also "do the right thing" ethically. This duality enhances the firm's reputation, trustworthiness, and overall sustainability, emphasizing the importance of ethical behavior in tandem with compliance.

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Without the addition of sales tax, how much did our black friday shopping trip cost?.

Answers

Our Black Friday shopping trip included sales tax. This Black Friday, shoppers spent a remarkable $9.12 billion online, where mobile devices accounted for 48% of all Black Friday digital sales.

The official start of the holiday shopping season is Black Friday, which is predicted to result in a tiny to break-even rise in yearly sales. This year, customers are expected to spend an average of $743 over the Thanksgiving weekend, which combines Black Friday and Cyber Monday. It typically marks the start of the holiday shopping season in the United States. Many merchants offer their widely advertised sales on a regular basis and at significantly reduced prices.

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which of these favored a laissez-faire policy because it allowed them to do as they please?

Answers

The group that favored a laissez-faire policy because it allowed them to do as they please were typically wealthy business owners and capitalists.

What are these policies?

Laissez-faire policies promote minimal government intervention in the economy and businesses, allowing individuals to operate freely and pursue their self-interests without interference.

This benefits those who have the means to take advantage of the lack of regulation and competition. It also allows them to accumulate wealth and power without being held accountable for the negative impacts their actions may have on society or the environment.

However, this policy can have negative consequences for the wider population, as it can result in inequality, exploitation, and environmental degradation.

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4. Identify the accounts affected by the following transaction and show action to take in recording
the accounts in the double entry system.
Transaction
Account to be
credited
Account to be
debited
(i) Owner put cash into business.
(ii) Bought goods for cash.
(iii) Sold goods for cash.
(iv) Received cash for rent.
FDM
(v) Owner withdraws cash from business
for personal use.​

Answers

Answer:

Explanation:

A debit entry represent an increase while a credit entry represents a decrease in an expense and asset account . but in a liability and capital account , a credit entry increases and a debit entry decreases the balance

1) Owner put cash into business

                 Account to be credited      Account to be debited

                           Capital (increases )          Cash (increases)

2)Bought good for cash

                             Cash (decreases)         Merchandise Inventory (increases)

3) Sold goods for cash

                Merchandise inventory(decreases )   Cash (increases)

4)Received cash for rent

                            Rental income(increases)            Cash ( increases)

5)Owners withdraw cash

                              Cash (reduces)                            Drawing (increases)

According to this image :
1- What is the age range of the generation with the highest amount of household debt?

2-Which is the only generation to decrease its average debt from 2019 to 2020?


3-Compare the rate at which Gen Z’s debt increased from 2019 to 2020 compared to other generations.
With an increase of 67.2%, Gen Z’s debt increased at a much higher rate than other generations.


4-Calculate how long it would take for Gen Z’s average debt ($16,000) to reach Gen X’s level of average debt ($140,000) if it continued to increase at its current rate (67.2% per year).

5-Develop a logical argument why Gen Z’s debt is rising at such a high rate when the Silent Generation’s debt is decreasing.

I have to turn this worksheet today, So please ANYONE help me out please ASAP..

According to this image :1- What is the age range of the generation with the highest amount of household

Answers

Answer:

1. Gen X 41-56years

2. Silent Gen reduced debt by 4.6%

3.Baby boomers increased by 0.3% from 2019 to 2020, they had the least increase in debt

Gen X followed with 3.5% increase from 2019 to 2020 while Millenials had 11.5% increase in debt between 2019 and 2022. Even though Gen Z debt increased by 67.2%, they still have the lowest debt overall into two years.

4.Gen Z average debt $16,000

Gen X average debt $ 140,000

In 5years, it will meet up with Gen Xs level of debt

5. The silent Gen are the elderly, mostly retired and no longer taking new loans while Gen Z is the younger generating, newly exploring the world, teenagers and students, young school leavers and new work force taking loans at the slightest offer. The silent age are no longer active, they are most been taken care of and won't be taking loan facilities for any purpose. Student loan, technology etc is available and most suitable for the age range of Gen Z, hence the difference in the loan dimension.

When looking at a financial aid award letter, which type of aid would you have to pay back?
a) Federal work-study
b) merit scholarship
c) federal pell grant
b) Perkins loan

Answers

Answer:

There are four components you need to consider: Yearly costs, such as tuition, fees, books, room and board, travel expenses, etc. Financial aid that you don't have to pay back, such as scholarships, grants, and work-study. Financial aid that you do need to pay back, such as as federal loans.

Explanation:

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there are 10,000 mutual fund managers. 13 claim that they are the best, since their fund beat the relevant index every year for 5 years. however, you think that markets are efficient and that the average fund manager is as likely to deliver a better performance than the index as to underperform the index, before fees.

Answers

Your belief in market efficiency would imply that the 13 fund managers' assertions may not be an accurate reflection of their skill level or the possibility of future outperformance relative to the index.

You might not necessarily agree with the assertion made by the 13 mutual fund managers that they are the best if you think that markets are efficient and that the average fund manager has an equal chance of outperforming or underperforming the index before fees.

According to the efficient market theory, it is challenging for any one fund manager or team to consistently outperform the market over the long run. This is because it is difficult to continuously produce greater returns because the prices of assets in an efficient market already represent all information that is accessible.

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Which of the following goals is the most clearly stated?
a To retire in 20 years.
b To purchase an $18,000 car in 20 years.
c To fund a $3,500 vacation in San Diego in 9 months.
d To purchase a home in 7 years with a sizeable down payment.

Answers

The most clearly stated goal among the options provided is: d) To purchase a home in 7 years with a sizeable down payment.

This goal specifies the objective (purchasing a home), the timeframe (7 years), and the specific aspect of the goal (sizeable down payment). It provides a clear and specific target for the individual's financial planning. the goal "To purchase a home in 7 years with a sizeable down payment" is clearly stated. It outlines the specific objective of buying a home, sets a timeframe of 7 years, and includes the additional detail of saving for a sizeable down payment. This goal provides a clear target for the individual's financial planning and allows for effective goal setting and progress tracking.

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Discuss the likely impact on papua new guinea if its copper and gold mines become exhausted?​

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Answer:

miners might stop making income resulting in a shortage of money thus lowering income in new guinea. The mines will also be turned to landfills. which means more areas to fill with waste and dirty garbage.

Explanation:

An __________ customer is a person or organization that receives services or products in exchange for compensation

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An External customer is a person or organization that receives services or products in exchange for compensation.

Helping people and organizations outside the firm acquire goods, products, information, and services are known as providing external customer service.

What is the difference between an external customer and an internal customer?

Both internal and external customers may be present or potential customers. Buyers who are affiliated with the business they are purchasing from are known as internal customers. Buyers who are not associated with the business from which they are acquiring goods or services are known as external customers.

Always keep in mind that when working with customers, a grin goes a long way. Pay attention to what the consumer is saying and then answer politely. Make them feel valued. As service providers, it is our responsibility to think beyond the client's expectations and satisfy them in a polite, kind, and expert manner.

Due to the fact that they bring in money for the business, external clients are more important than internal ones. Additionally, a devoted consumer can act as a fantastic business recommendation, which may lead to the acquisition of new clients.

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In some states, judges have cited ________, a value shared by most Americans, in arguing against funding disparities between school districts created by a reliance upon property taxes in education.

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In some states, judges have cited equality, a value shared by most Americans, in arguing against funding disparities between school districts created by a reliance upon property taxes in education.

The basis of equality thinking was laid by French philosophers such as Voltaire, Rousseau and Denis Diderot. The foundation of egalitarianism can be found in the American Declaration of Independence, which was largely drafted by Thomas Jefferson and which was adopted by representatives of the then 13 British colonies on the American East Coast on July 4, 1776.

Traditional equality thinking is characterized by being equal not only in their rights, but also in their opportunities, rights to opportunities in education and work and all other areas of economic and social life.

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The focus of the ________ was to sell more of what the manufacturing department was able to produce

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The focus of the sales department was to sell more of what the manufacturing department was able to produce.

The sales department plays a crucial role in a company's operations by promoting and selling its products or services. The primary objective of the sales department is to generate revenue and increase sales by effectively marketing and selling the goods produced by the manufacturing department.

This involves developing sales strategies, identifying target markets, prospecting potential customers, negotiating deals, and closing sales. By aligning their efforts with the manufacturing department's production capabilities, the sales department aims to maximize sales by ensuring that the company's products or services are effectively marketed and sold to customers. The collaboration between the sales and manufacturing departments is essential to optimize the company's overall performance and achieve its revenue goals.

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