Evaluation of profit of college

Assignment Help Finance Basics
Reference no: EM1315897

Computation of profit of college at given number of student's strength.

Houghton College is planning to begin a new graduate degree program in Mathematics. The initial startup cost for computing equipment, facilities, course development and staff recruitment is $350,000. The college plans to charge tuition for the program at $21,000 per year per student.   Administration costs are expected to be $12,000 per student.  In addition the College expects to pay out an average of $3,000 per student in scholarship awards.

If the college can enroll 110 students the first year, how much profit will it make?

Reference no: EM1315897

Questions Cloud

Give an example of a rational function : Give an example of a rational function.
Interpretation of error term and goodness of fit regression : Consider the following estimated regression equation, based on 10 observations.
Analyzing the total profit of college : Analyzing the total profit of college when there is decrease in enrollment due to increase in tuition fee - The college believes it can increase tuition to $24,000 but doing so will reduce enrollment by 20%. Should the college consider increasing t..
Multiple choices question from economics : Which of the following is true for perfect competition, monopolistic competition, and monopoly?
Evaluation of profit of college : Computation of profit of college at given number of student's strength - If the college can enroll 110 students the first year, how much profit will it make?
Solve the algebraic fraction : Solve the algebraic fraction
Expected wealth and utility : After her final exam this semester, Sylvia must drive from her school in Philadelphia to her home in upstate New York-What are Sylvia's expected .ne, expected wealth, and expected utility if she travels through PA?
Determine expected bad debt expenses : Computation of workers cost, supplies to be purchased and bad debt expenses and determine expected bad debt expenses on an accrual basis the coming year.
Independent t-test with equal variances not assumed : Compute a 95% confidence interval for the mean difference in the percentage of bone loss between two groups.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd