Answer:
C. he was happy to learn that he would be given a loan to cover all college expenses.
Explanation:
A student that is given a loan to cover college expenses have to go for entrance counselling in order to receive appropriate orientation and he will also have to sign promissory note that he will return the loan given.
Answer:
$600 unfavorable
Explanation:
The budgeted cost of producing 14,000 units at $5.50 per unit and with fixed costs of $19,400 is:

The variance is given by subtracting the budgeted cost by the actual cost ($97,000):

Since the variance is negative, the variance is unfavorable
Answer:
Explanation:
Present value of annuity due = (1+interest rate)*Annuity[1-(1+interest rate)^ -time period]/rate
=(1+0.075)*25000*[1-(1.075)^-15]/0.075
=$25000*9.489153726
=$237,228.84
D because a discount is an upfront guaranteed incentive
Answer:
Explanation:
1. c. Return on total assets checked
d. Total asset turnover checked
2) b. Debt ratio
3) d. Working capital
4) c. Accounts receivable turnover checked