Business, 15.02.2021 22:00 natalie2sheffield

8. You are in charge of a prestigious state university. You currently receive $250 million in state funding at the end of each year. You have current annual costs of $350 million, also paid at the end of each year, which grow at 4% per year. A new law has passed where the state is going to reduce their annual funding by 7% per year indefinitely. (So the funding will be 7% lower starting at the end of this year.) As part of the new law, you are allowed to set a new tuition rate for the end of this year, but once set, you can only increase it at the rate of inflation. Inflation isexpected to be 2% per year. If you have 30,000 tuition-paying students, and do not forecast enrollment changing over time, what is the minimum per-student annual tuition to charge at the end of this year to remain solvent

Answers: 1

Show answers

Another question on Business

Business, 23.06.2019 00:40

In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of

Answers: 3

Answer

Business, 23.06.2019 05:30

What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit

Answers: 1

Answer

Business, 23.06.2019 08:00

Ray gives his son, mason, three bowls. these bowls have the same capacity, but each one differs slightly in its shape and size. ray tells his son that one of the bowls can hold more liters of oil than the other two bowls. mason points out that all the bowls, though may appear different in size and shape, can store the same volume of oil. in this case, ray was most likely testing mason's concept of

Answers: 3

Answer

Business, 23.06.2019 23:00

The modern medicine company is considering a new project which will require an initial cash investment of $425,000. the project will produce no cash flows for the first 2 years. the projected cash flows for years 3 through 6 are $31,000, $56,000, $250,000, and $429,000, respectively. how long will it take the firm to recover its initial investment in this project?

Answers: 1

Answer

You know the right answer?

8. You are in charge of a prestigious state university. You currently receive $250 million in state...

Questions