The value of ACC Inc.'s common stock now is $6.60 million.
What is the current value of ACC Inc.'s common stock?The value of ACC Inc.'s common stock can be determined by calculating the present value of future dividends. In this case, for the next three years, no dividends will be paid.
After four years, a dividend of $2.2 per share will be paid, and from there, dividends are expected to grow at a rate of 25% per year for the following three years. After the seventh year, dividends are expected to grow at a rate of 6% per year indefinitely.
The required return for the next five years is 18% and 13% thereafter. By discounting each dividend with the appropriate discount rate and summing them up, we can find the present value.
Using these parameters, the value of ACC Inc.'s common stock is calculated to be $6.60 million.
Learn more about common stock
brainly.com/question/11453024
#SPJ11
A factory supervisor faces the following table:
Quantity of laptops
Labour cost ($)
Rental of factory equipment ($)
Price per laptop ($)
Average cost
Total profit
1
1
10
9
11
2
4
10
9
7
3
9
10
9
6.3
4
16
10
9
6.5
5
25
10
9
7
6
36
10
9
7.6
7
49
10
9
8.42
(b) Calculate the profits associated with each level of production, and complete the 6th column of the table
To calculate profits, subtract total cost from total revenue. Total cost is the sum of labor cost and rental of factory equipment, while total revenue is the product of quantity of laptops produced and price per laptop.
In the given table, we can see the quantities of laptops produced, the labor cost, rental of factory equipment, and the price per laptop. To calculate the total cost, we sum the labor cost and rental of factory equipment
Quantity of laptops | Labor cost ($) | Rental of factory equipment ($) | Price per laptop ($) | Total cost ($) | Total revenue ($) | Profit ($)
1 | 1 | 10 | 9 | 11 | 9 | -2
2 | 4 | 10 | 9 | 14 | 18 | 4
3 | 9 | 10 | 9 | 19 | 27 | 8
4 | 16 | 10 | 9 | 26 | 36 | 10
5 | 25 | 10 | 9 | 35 | 45 | 10
6 | 36 | 10 | 9 | 46 | 54 | 8
7 | 49 | 10 | 9 | 59 | 63 | 4
The calculations were performed as follows:
1. Quantity of laptops: 1
Labor cost: $1
Rental of factory equipment: $10
Price per laptop: $9
Total cost: $1 (Labor cost) + $10 (Rental of factory equipment) = $11
Total revenue: 1 (Quantity of laptops) * $9 (Price per laptop) = $9
Profit: Total revenue - Total cost = $9 - $11 = -$2
2. Quantity of laptops: 2
Labor cost: $4
Rental of factory equipment: $10
Price per laptop: $9
Total cost: $4 (Labor cost) + $10 (Rental of factory equipment) = $14
Total revenue: 2 (Quantity of laptops) * $9 (Price per laptop) = $18
Profit: Total revenue - Total cost = $18 - $14 = $4
3. Quantity of laptops: 3
Labor cost: $9
Rental of factory equipment: $10
Price per laptop: $9
Total cost: $9 (Labor cost) + $10 (Rental of factory equipment) = $19
Total revenue: 3 (Quantity of laptops) * $9 (Price per laptop) = $27
Profit: Total revenue - Total cost = $27 - $19 = $8
4. Quantity of laptops: 4
Labor cost: $16
Rental of factory equipment: $10
Price per laptop: $9
Total cost: $16 (Labor cost) + $10 (Rental of factory equipment) = $26
Total revenue: 4 (Quantity of laptops) * $9 (Price per laptop) = $36
Profit: Total revenue - Total cost = $36 - $26 = $10
5. Quantity of laptops: 5
Labor cost: $25
Rental of factory equipment: $10
Price per laptop: $9
Total cost: $25 (Labor cost) + $10 (Rental of factory equipment) = $35
Total revenue: 5 (Quantity of laptops) * $9 (Price per laptop) = $45
Profit: Total revenue - Total cost = $45 - $35 = $10
6. Quantity of laptops: 6
Labor cost: $36
Rental of factory equipment: $10
Price per laptop: $9
Total cost: $36 (Labor cost) + $10 (Rental of factory equipment) = $46
Total revenue: 6 (Quantity of laptops) * $9 (Price per laptop) = $54
Profit: Total revenue - Total cost = $54 - $46 = $8
7. Quantity of laptops: 7
Labor cost: $49
Rental of factory equipment: $10
Price per laptop: $9
Total cost: $49 (Labor cost) + $10 (Rental of factory equipment) = $59
Total revenue: 7 (Quantity of laptops) * $9 (Price per laptop) = $63
Profit: Total revenue - Total cost = $63 - $59 = $4
Learn more about profits here: https://brainly.com/question/32381738
#SPJ11
taxes paid by anyone who owns property such as land, a home or commercial real estate
Taxes paid by individuals or entities who own property such as land, a home, or commercial real estate are commonly referred to as property taxes.
Taxes are financial obligations imposed by governments on individuals, businesses, and other entities to fund public expenditures and support various government programs and services. They are a primary source of revenue for governments at different levels, such as national, state, and local. Taxes can take different forms, including income taxes, sales taxes, property taxes, corporate taxes, and many others.
Governments utilize tax revenues to finance public infrastructure, healthcare systems, education, defense, social welfare programs, and more. Taxes are crucial for maintaining the functioning of governments and providing essential services to citizens. They are typically collected based on a set of rules and regulations established by tax laws and enforced by tax authorities.
To know more about Taxes refer to-
brainly.com/question/12611692
#SPJ4
at the end of the first year of operations, gaur manufacturing had gross accounts receivable of $300,000. gaur's management estimates that 6% of the accounts will prove uncollectible.what journal entry should gaur record to establish an allowance for uncollectible accounts?
The allowance for uncollectible accounts account will be adjusted in future periods as actual uncollectible accounts are identified and written off.
Gaur Manufacturing should record a journal entry reflecting the projected amount of uncollectible accounts based on management's assessment to establish a provision for uncollectible accounts.
The answer would be:
Debit: $18,000 in bad debt expense (6% of $300,000).
Credit: $18,000 allowance for uncollectible accounts
The debit to bad debt expense accounts for the expense associated with the estimated uncollectible accounts, whereas the credit to the allowance for uncollectible accounts creates a balance-sheet contra asset account that reduces the gross accounts receivable to the estimated net realisable value.
For such more question on uncollectible accounts:
https://brainly.com/question/20597051
#SPJ11
One of the justifications for government intervention in markets is the potential to improve on the market outcome in markets characterized by __________.
One of the justifications for government intervention in markets is the potential to improve on the market outcome in markets characterized by "market failure."
What is market failure? Market failure is the failure of the market to allocate resources effectively. In a free market, the market price of a product or service determines how much of it is produced, distributed, and consumed. However, this isn't always a good method, and in certain cases, the market fails to efficiently allocate goods and services. To address market failure, the government may intervene in markets to achieve a more efficient outcome. Market failure, in economic theory, occurs when the market fails to produce a socially optimal allocation of resources.
This occurs when the free-market system fails to achieve economic efficiency or does not generate the most desirable or ideal outcome. In such circumstances, the government may intervene in the market to make it more efficient or equitable. Market failure can result in a variety of issues. Externalities, public goods, and natural monopolies are among them. Market failure can occur due to a variety of reasons, including a lack of competition, information asymmetry, and transaction costs. Government intervention is necessary for such situations to correct market inefficiencies and promote social welfare.
For more such questions on government intervention
brainly.com/question/29039691
#SPJ11
hsu-mei wants to save $5,000 for a down payment on a car. to the nearest dollar, how much will she need to invest in an account now with 7.5% apr, compounded daily, in order to reach her goal in 3 years?
Suppose the amount is A
% interest rate per day is 7.5 / 365
3 years = 3 x 365 = 1095 days
So 5000 = A (1 + (7.5 / 36500))1095
You can solve this for A, she needs to invest in an account now with 7.5% apr, compounded daily, in order to reach her goal in 3 years.
An investment is the giving of money to purchase an asset in order to achieve an increase in value over a period of time. Investment requires the sacrifice of some current asset such as time, money, or effort. In finance, the purpose of investing is to generate a return on the invested asset. Income can consist of a gain (gain) or loss realized from the sale of a property or investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest or rental income, or a combination of capital gain and income. Income may also include currency gains or losses due to changes in foreign currency exchange rates.
Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is generally low as well. Similarly, high risk comes with the possibility of high losses. Investors, especially novices, are often advised to diversify their portfolios. Diversification has a statistical effect of reducing overall risk.
Learn more about invest here
https://brainly.com/question/24703884
#SPJ4
Which measure of central tendency would a baseball manager be most likely to rely on in picking a pinch hitter in a tie game
Answer:
mean
Explanation:
when mr. wilson worked full time, he paid a cleaning service to have his house cleaned every week. now that he is retired, mr. wilson does his own cleaning. what is the effect of this change in who does this task on gdp?
The change in who does the cleaning task from a paid cleaning service to Mr. Wilson doing it himself has no direct effect on GDP (Gross Domestic Product).
How is this so?GDP measures the total value of goods and services produced within a country'sborders over a specific period.
Since Mr. Wilson's cleaning activity was previously included in the GDP when he paid for the cleaning service,and now it is considered a non-market activity done by himself, it is not included in GDP calculations.
GDP primarily focuses on market transactions that involve monetary value.
Learn more about GDP at:
https://brainly.com/question/1383956
#SPJ4
When banks have less money in required reserves they lend more money out to people and business. So Lower reserves usually help do what to the economy?
Answer:
Lower reserves increase the money supply in the economy.
Banks can either keep deposits in reserves or give them out as loans.
the lower the reserve ratio, the higher the money multiplier and the higher the money supply.
Lowering the reserves can be a form of expansionary monetary policy
Explanation:
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Increase in the total value of checkable deposit is determined by the money multiplier
Money multiplier = 1 / reserve requirement
Increase in value of total deposit = amount deposited / reserve requirement
Assume 100 is deposited in a bank and the reserve requirement is 10%
Increase in value of total deposit = 100 / 0.1 = 1000
Imagine that the reserve is reduced to 5%
Increase in value of total deposit = 100 / 0.05 = 2000
reducing the reserve requirement increased the value of total deposit and thus the money supply in the economy
TRUE OR FALSE. a dependent demand item is so called because its demand is dependent on customer preferences.
FALSE: A dependent demand item is so-called because its demand is dependent on customer preferences.
The statement is FALSE. A dependent demand item is called so because its demand is dependent on the demand for other items, typically finished products, and not directly on customer preferences.
These items are usually components or raw materials used in the production process of the finished product.
The demand for dependent items is driven by the production schedule of the finished goods they contribute to, rather than the preferences of the customers directly.
Know more about demand here:
https://brainly.com/question/1245771
#SPJ11
Select the best answer for the question.
2. Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses?
O A. Finance
O B. Information Technology (IT)
C. Human Resources
O D. Visual Merchandising
Answer:
Human resources
Explanation:
when the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is:
When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is linear.
The production possibility frontier or PPF is a curve on the graph which illustrates the possible quantities which can be produced of two products and if both depends upon the same finite resources for their manufacturing. The PPF is also referred to as production possibility curve.
PPF also do play a crucial role in economics. It demonstrates that whether a nation's economy has reached the highest level of efficiency possible or not.
To know more about PPF here:
https://brainly.com/question/17581360
#SPJ4
the purpose of a trial balance is to: select one: a. review the income statement accounts b. prepare a mock up of a real balance c. show whether the figures in the account ledger are correct and balanced d. meet a reporting requirement of the securities and exchange commission (sec)
A trial balance is used to show whether the figures in the account ledger are correct and balanced.
This is done by taking the total of all the debit entries and comparing it to the total of all the credit entries. If the two totals are equal, then the ledger is considered to be balanced.
What is the trial balance?A trial balance is a tool used by businesses to ensure that the figures in their account ledger are correct and balanced. This is done by taking the total of all the debit entries and comparing it to the total of all the credit entries. If the two totals are equal, then the ledger is considered to be balanced.
The trial balance is an important tool for businesses because it can help them avoid errors in their financial statements. It is also a useful tool for auditors, who can use it to verify the accuracy of a company's financial records.
Learn more about the trial balance:
https://brainly.com/question/24914390
#SPJ4
1. You are shy and not confident of your abilities to contribute to the group project. You're not good with
writing, can't come up with ideas, and are scared to present. As a result, you have contributed very little to the assignment thus far and are reluctant to volunteer yourself for tasks.
First, it is important to remember that everyone has something valuable to contribute to a group project, and that contribution can take many forms.
What is a group project.?Generally, Even if you don't feel confident in your writing or presentation skills, there are still ways to make your mark.
You could offer to do research on the topic, help organize the project and break down tasks, or take on tasks that don't require writing or presenting, such as developing a budget or timeline. You could also suggest ideas or ask questions during group meetings.
Finally, if you are feeling overwhelmed, reach out to your group members and talk openly about how you're feeling. They may be able to provide reassurance and help you come up with ideas.
Read more about group project.
https://brainly.com/question/29971672
#SPJ1
25. Which of the following actions is the least preferred by a bank to increase its reserve? A. Selling Treasury bills. B. Calling in loans. C. Borrowing from the central bank. D. Borrowing from other
The least preferred action by a bank to increase its reserve is D. Borrowing from other banks.
While all the options mentioned can potentially increase a bank's reserve, borrowing from other banks is typically the least preferred choice. Banks are generally cautious about relying on borrowing from other banks to increase their reserves due to various reasons:
1. Dependency on other banks: Borrowing from other banks means relying on external sources for funding, which can make a bank vulnerable to the financial stability and lending practices of other institutions. Banks prefer to maintain a more independent and self-reliant position regarding their reserve management.
2. Interbank interest rates: Borrowing from other banks often comes with interest charges, which can impact the profitability of the borrowing bank. Banks generally prefer to avoid additional interest expenses unless necessary.
3. Reputation and trust: Constantly borrowing from other banks may signal financial instability or liquidity issues, potentially damaging the borrowing bank's reputation and eroding trust among depositors and investors. Banks strive to maintain a solid reputation for financial stability and reliability.
Instead, banks typically prioritize actions such as selling Treasury bills, calling in loans, or borrowing from the central bank. These actions provide more direct control over their reserves and are generally considered more reliable and stable methods for managing liquidity and increasing reserves.
To learn more about bank
https://brainly.com/question/25642105
#SPJ11
What are the major provisions of the Equal Credit Opportunity Act? Respond in 3-4 sentences.
Also research what creditors look for? Explain in detail
Answer:
Explanation:
The major provisions of the Equal Credit Opportunity Act are that it is against the established law for any creditor to differentiate against any applicant, based on certain characteristics such as race, color, religion, national origin, sex, marital status, or age
It is also considered illegal for any creditors to ask questions such as "their marital status or if they have the intention to have children.
Also, the usual practice is to inform any applicants of the status of their credit application, whether it is granted or otherwise within 30 days of application.
Generally, creditors look for information that may suggest that the applicants can easily repay their loan or credit facilities. Such as your income level, and age.
How do you calculate the real interest rate?
O A. Subtract the nominal interest rate from the effective rate.
OB. Subtract the nominal interest rate from the rate of inflation.
OC. Subtract the nominal interest rate from the annual percentage
yield (APY).
OD. Subtract the rate of inflation from the nominal interest rate.
SUBMIT
Answer:
D. Subtract the rate of inflation from the nominal interest rate.
Explanation:
You want to know how to calculate the real interest rate.
Real rateThe real interest rate is the rate of increase in value.
When inflation is non-zero, a positive inflation rate decreases value. That is a unit of currency purchases less than it did prior to the inflation. Since inflation robs value, the real interest rate is the difference between the nominal rate and the inflation rate.
To calculate the real interest rate, subtract the rate of inflation from the nominal interest rate.
__
Additional comment
This is only an approximation. If "i" is the inflation rate, and "r" is the interest rate, the real interest rate is ...
(r -i)/(1 +i)
Explain why socialist societies do not use a circular flow chart.
What term is used to describe using the collective intelligence of a group to reach a collectively wise decision?.
Collective wisdom is the term used to describe using the collective intelligence of a group to reach a collectively wise decision.
Collective intelligence is shared or organization intelligence that emerges from the collaboration, collective efforts, and opposition of many people and appears in consensus choice making. The term seems in sociobiology, political science and in context of mass peer evaluation and crowdsourcing applications.
Collective intelligence is the procedure by using which a large organization of individuals gather and percentage their expertise, records and competencies for the reason of fixing societal issues.
Learn more about intelligence here:https://brainly.com/question/7905042
#SPJ4
what problems might one encounter in such a calibration?
Equipment Limitations: The accuracy and reliability of the calibration process heavily rely on the quality and capability of the calibration equipment used.
If the equipment is not properly maintained, calibrated, or has limitations in terms of accuracy or range, it can introduce errors and uncertainties into the calibration process.
Measurement Uncertainty: Every measurement has some degree of uncertainty associated with it. During calibration, it is important to assess and account for the sources of uncertainty in the measurement process. Factors such as environmental conditions, instrumental drift, or operator errors can contribute to measurement uncertainty and affect the accuracy of the calibration.
Traceability: Calibration should ideally be performed using measurement standards that are traceable to national or international standards. Lack of proper traceability can lead to calibration results that are not reliable or comparable, especially when dealing with critical measurements or regulatory requirements.
Calibration Procedures and Techniques: Following incorrect or outdated calibration procedures, using inappropriate calibration methods, or not adhering to standard operating procedures can result in inaccurate calibration. It is essential to ensure that the calibration procedures are well-documented, up-to-date, and performed correctly to obtain reliable calibration results.
Calibration Intervals: Determining the appropriate calibration intervals is crucial to maintaining measurement accuracy over time. Setting calibration intervals that are too long may result in measurements being performed with inaccurate instruments, while overly frequent calibrations can be costly and time-consuming. Finding the right balance and ensuring proper scheduling of calibration activities is important.
Human Error: Even with advanced equipment and well-defined procedures, human error can still occur during calibration. Mistakes in recording measurements, incorrect adjustments, or misinterpretation of calibration data can all introduce errors into the calibration process. Adequate training, competency assessment, and quality control measures can help mitigate human error.
These are just a few examples of the problems that can arise during calibration. It is crucial to have a robust quality management system in place, adherence to best practices, and regular review and validation of calibration processes to address and minimize such issues.
To learn more about accuracy
https://brainly.com/question/28103280
#SPJ11
this type of business is made up of family members and close friends and are not allowed to sell their shares to the public.
Answer:
private limited companies
Explanation:
usually small to medium size business but there shares cannot be sold to the public.
Each of the following documents is a control for bank account except:
Signature card
Geographic location of ATMs
Bank statement
Bank reconciliation
The geographic location of ATMs documents is not a control for a bank account.
A bank account is a financial record of the financial transactions between a bank and a customer that is kept by a bank or other financial organisation. The terms and conditions for each type of account each financial institution offers are set by the institution itself. These accounts are categorised into categories that are easily understood, such as deposit accounts, credit card accounts, current accounts, loan accounts, and many other types of accounts. A consumer could have multiple accounts. When a customer opens an account, the money they deposit with the financial institution is recorded in the account they choose. Loan loaders allow for the withdrawal of money.
To learn more about bank account visit;
https://brainly.com/question/1287000
#SPJ1
2008 1 Mar Started business with $1,000 cash.
credit or debit
Answer:
The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.
Individuals who fail to complete high school are at an increased risk for
1. Unemployment
2. Underemployment
3. Imprisonment
4. All of the above
Answer:
unemployment!
The local theater sells tickets to its plays at a rate of $38 each. Patrons who attend multiple shows are encouraged to buy an annual membership for $80. Members are able to buy tickets at a discounted rate of $20 each. Roger expects to attend 6 shows this year. Grace expects to attend 4 shows. Who would benefit from buying a membership this year?.
Answer:
Roger Benefits
Explanation:
Okay so lets think about it like this:
Total Cost/Revenue for Roger:
Without Membership: 38*6 = 228
With Membership: 80 + 20*6 = 200
Difference: +28
Total Cost/Revenue for Grace:
Without Membership: 38*4 = 152
With Membership: 80 + 20*4 = 160
Difference: -8
Answer: Roger Benefits
Answer:
the answer is only roger
Explanation:
i just did it on edge;)
I need help asapppppp!
Tax rates for proprietorships, partnerships, and LLCs ______ with the passage of the Tax Cuts and Jobs Act of 2017.
The provision on tax rates for proprietorship, partnerships, and LLCs changed with the passage of the Tax Cuts & Jobs Act.
What is the Tax Cuts & Jobs Act?
The Tax Cuts & Jobs Act is a legislation that guides tax rate on income and addresses concerns about tax credit for employers.
In conclusion, the provision on tax rates for proprietorship, partnerships, and LLCs changed with the passage of the Tax Cuts & Jobs Act.
Read more about Tax Cuts & Jobs Act
brainly.com/question/26171421
What is one advantage corporations have over other types of businesses?
O A. Corporations are the easiest businesses to set up.
B. Corporations have a nearly unlimited life span.
C. Corporations have fewer legal regulations to follow.
O D. Corporations are controlled by only one person.
SUBMIT
Answer:
B
Explanation:
ONE advantage corporations enjoy over other business forms is B. Corporations have a nearly unlimited life span.
Corporations do not cease to operate if one or some of the owners die. Each stockholder's shares are transferable by inheritance or sale. Corporations enjoy perpetual existence.
Other advantages of corporations over other business forms are:
Shareholders enjoy the protection of personal liability (limited liability of ownership)Shareholders have a business that is professionally managedThe business type has easy access to funds.
Unfortunately, corporations are not the easiest to form because of the rigid formalities accompanying their formation and management. Shareholders suffer double taxation because the corporation pays taxes as an entity, and shareholders pay another tax when they receive dividends. The legal regulations are many and time-consuming.
Thus, the unlimited life span of corporations makes them the best form of business since control and ownership of a corporation are not limited to one individual.
Read more: https://brainly.com/question/14497294
What is a service economy? (1 point)
A service economy is an economy with lax governmental intervention in any service jobs, allowing
the service market to develop rapidly.
O A service economy is an economy with greater economic output in goods than in services.
A service economy is an economy with heavy governmental intervention in any service jobs, which
does not allow the service market to develop.
A service economy is an economy with greater economic output in services than in goods.
A service economy is an economy with greater economic output in services than in goods. The correct option is D.
What are the characteristics of a service economy?The tertiary sector dominates the service-based economy, there are many services available, there are few manufacturers, and most service-based economies are found in first-world nations.
A service economy is one where the provision of services, as opposed to the production of goods, is the main economic activity. Since services account for the majority of the country's economic growth, the United States essentially has a service-based economy.
Thus, the ideal selection is option D.
Learn more about the service economy here:
https://brainly.com/question/29950723
#SPJ1
Inflation is expected to increase steadily over the next 10 years, there is a positive maturity risk premium on both Treasury and corporate bonds, and the real risk-free rate of interest is expected to remain constant. Which of the following statements is CORRECT? A. The yield on 7-year corporate bonds must exceed the yield on 10-year Treasury bonds. B. The Treasury yield curve under the stated conditions would be humped rather than have a consistent positive or negative slope. C. The yield on 10-year Treasury securities must exceed the yield on 7-year Treasury securities D. The stated conditions cannot all be true they are internally inconsistent. E. The yield on any corporate bond must exceed the yields on all Treasury ; bonds.
Answer:
C. The yield on 10-year Treasury securities must exceed the yield on 7-year Treasury securities
Explanation:
Due to the fact that inflation would be rising steadily, the yield curve would be upward sloping. The yield curve would be humped if inflation is expected to increase the medium term and then decrease in the long term.
Due to increasing inflation, investors would want a higher rate of return in the long run compared to the short run. This would ensure that their purchasing power remains the same. Thus, the yield on 10-year Treasury securities must exceed the yield on 7-year Treasury securities
corporate bonds are more risky that treasury bonds. so, for the same maturity, investors would demand a higher return on corporate bonds than on treasury bonds
If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.