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Irina18 [472]
1 year ago
8

Jaiden is in 6th grade and plans to attend college. He has created a college preparation plan. 1. He will fill out the FAFSA for

m and send it in immediately. 2. He will ask his parents if they have a college savings account. 3. When he gets to high school, he will start trying harder in school so he can qualify for academic scholarships. 4. During his last year of high school, he will get involved in sports and clubs he enjoys to qualify for scholarships. 5. Upon graduation, he will start saving money for college. Which statements identify errors in Jaiden’s plan? Check all that apply. He should wait until his last year in high school to fill out the FAFSA. He should start saving right away. It is never too early to start a savings account. He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break. He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them. While in high school, he should quit all extracurricular activities so he can work more hours and save money. He should ask all his friends and neighbors to contribute to his college fund so it will grow faster.
Business
2 answers:
zimovet [89]1 year ago
8 0

Answer: All apply

Explanation:

inysia [295]1 year ago
7 0

Answer:

i think it is 1 2 3 and 4(A B C and D)

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A. Present one recent instance (within the last 50 years only) whereby a language, custom or national culture has been lost or d
const2013 [10]

Answer: 1. A. China in Zambia

B. Increased Market Share

Explanation:

A. China in Zambia

For years now many have worried about Chinese influence in China and what they view as subtle attempts by China to engage in modern day Colonialism through methods such as Predatory Loaning practices.

One glaring example is that of Zambia.

There are several ways in which the Chinese have established a foothold in Zambia and are making the country lose its sovereignty and national culture.

1. Loans for Infrastructure

China has invested massively in Zambia which is a big Copper exporter to enable them mine and capture the Copper that Zambia has for use in production in China. In the last 6 years, Zambia has embarked on over 29 projects all funded by about $9 billion in Chinese loans. With such loans being owed, the amount of Chinese influence will be great.

2. Small Scale Entrepreneurs

Chinese people have emigrated to Zambia in droves and some of them have started street level businesses also called Chinese Shops where they sell every day goods ranging from AA batteries to bicycles. These put pressure and compete with local Entrepreneurs who might not be able to get those goods as cheaply as the Chinese can from China. This as well as the importation of Chinese goods and services to feed the Chinese people involved has led to Zambian adopting Chinese foods and goods for themselves as well.

3. Political Interference

With such a huge investment in Zambia, many have noted with concern that China often meddles in the politics of the Southern African nations by picking candidates that will be more friendly to their Economic aspirations. This directly leads to a loss of sovereignty as well as an erosion in the independence of the national culture.

2. Oligopolies refer to firms that exist in an industry that has very few competitors and with the less competitions have a chance to make huge profits. Getting into the industries they operate in can be quite difficult due to high start-up costs as well as already well established competition. These include industries like the Motor and Aeroplane manufacturing industries.

As a result of Globalization, these companies have spread across the globe and as they are already established, they have the unique opportunity to charge less for their goods due to Economies of Scale. This allowed them to discourage local manufacturers in the newer companies they came to which could not hope to compete with such giants. This enabled the Oligopolies to capture the market share that the local competitors gave up thereby increasing the market share of these Oligopolies and by extension their Profitability.

7 0
2 years ago
Warson Motors wants to raise $2 million by selling 20-year coupon bonds at par. Comparable bonds in the market have a coupon rat
Kitty [74]

Answer:

He should set coupon rate of 1.98%

Explanation:

Given Data:

Face Value of Bonds = $2,000,000

Coupon rate = 6.3 percent

Issue Value of Bonds = 6.5% * Face Value of Bonds

                                    = 6.5% * $2,000,000

                                    = 0.065 * $2,000,000

                                     = $130,000

Given Annual YTM = 6.30%  

Therefore,

Semiannual YTM = 3.15%

Time to Maturity = 20 years

Semiannual Period = 40

Let Semiannual Coupon be $C

$130,000 = $C * PVIFA(3.15%, 40) + $2,000,000

$130,000 = $C * (1 - (1/1.0315)^40) / 0.0315 + $2,000,000 / 1.0315^40

$130,000= $C * 22.56 + $578,443.2

$448,443.2 = $C * 22.56

$C = $19877.80

Semiannual Coupon = $19877.80

Semiannual Coupon Rate = Semiannual Coupon / Face Value of Bonds

Semiannual Coupon Rate = $19877.80 / $2,000,000

Semiannual Coupon Rate = 0.0099 or 0.99%

Annual Coupon Rate = 2 * Semiannual Coupon Rate

Annual Coupon Rate = 2 * 0.99%%

Annual Coupon Rate = 1.98%

4 0
2 years ago
Assume that on December 31, 2019, Kimberly-Clark Corp. signs a 10-year, non-cancelable lease agreement to lease a storage buildi
GarryVolchara [31]

Answer:

the journal entry to record the signing of the lease agreement:

December 31, 2019, lease agreement signed

  • Dr Right of use 493,506
  •     Cr Lease liability 493,506

the lease liability must record the present value of the 10 annual lease payments: $68,099 and 8% discount rate:

present value of an annuity due = payment + {payment x [1 - (1 + r)⁻⁽ⁿ⁻¹⁾]/r}

  • payment = 68,099
  • r = 8%
  • n - 1 = 10 - 1 = 9

PV annuity due = 68,099 + {68,099 x [1 - (1 + 0.08)⁹]/0.08} = 68,099 + 425,407 = $493,506

the journal entries to record the annual lease payments:

December 31, 2019, annual lease payment

  • Dr Lease liability 68,099
  •     Cr Cash 68,099

December 31, 2020, annual lease payment

  • Dr Lease liability 34,066
  • Dr Interest expense 34,033
  •     Cr Cash 68,099

interest expense = ($493,506 - $68,099) x 8% = $34,033

December 31, 2020, depreciation expense

  • Dr Depreciation expense - leased building 49,351
  •     Cr Accumulated depreciation - leased building 49,351

December 31, 2021, annual lease payment

  • Dr Lease liability 31,307
  • Dr Interest expense 36,792
  •     Cr Cash 68,099

interest expense = ($425,407 - $34,066) x 8% = $31,307

December 31, 2021, depreciation expense

  • Dr Depreciation expense - leased building 49,351
  •     Cr Accumulated depreciation - leased building 49,351
7 0
1 year ago
AC variant of the gene ACTN3 which inhibits fast-twitch muscles and seems to be less prevalent in sprinters has been studied. A
ale4655 [162]

Answer:

Category variable: Caucasians, Asians, Africans

Quantitative variable: 20%, 25%, 1%.

Explanation: The are two variables in these study. They are categorical variable and quantitative variable.

Categorical variables are variable that helps classify a given population eg race, hair colour, skin colour. Most of the time are not numerical, so we can't multiply, add or subtract them. As given in this assignment the Caucasians, Asians and Africans are category variables.

Quantitative variables are those that numerical and they reflect count, percentages(20%, 25%, 1%) and can be added, subtracted, or multiplied. The percentage of the ethnic group is an example of quantitative variable.

4 0
1 year ago
Which of the following institutional investors most likely must spend a target percentage of the portfolio annually?
konstantin123 [22]

Answer: Endowments

Explanation:

The institutional investors that most likely must spend a target percentage of the portfolio annually is the endowments.

Endowment fund refers to the long term fund that is used for perpetual operations and usually set up by colleges or in hospitals

The fund then covers the expenses relating to provision of services for the students. A portion of the endowment is allowed to be use for every fiscal year.

7 0
1 year ago
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