What is EFC in financial aid?

Answer EFC in financial aid stands for Expected Family Contribution. This is how much the federal government calculates that your family can contribute toward college over a single school year.Calculating... Read More »

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How Do General Purpose Financial Statements Help Achieve the Objectives of Financial Reporting?

General-purpose financial statements target a diverse audience, telling readers how well a company navigated the economic ups and down over a given period -- say, a quarter or fiscal year. These s... Read More »

Hi people,how can i get financial help 4 a private college when i dont qualify 4 financial aid&my credit sucks?

1) Don't go to a private college then. If you can't afford it, then don't go. You can get just as great education from a state school.2) If you don't qualify for financial aid, talk to your school.... Read More »

Financial Risk Vs. Financial Return?

Financial risk is the risk is the uncertainty of the return on an investment. It is the risk of investor loss from financing instruments a company might use to raise money. Equity financing present... Read More »

How to Forecast Financial Statements Using the Forecasted Financial Statements Approach?

Most people remember hearing the story about a genie in a bottle as a child. This genie offers the finder of the magic lamp three wishes. For the investment analyst, one of those three wishes would... Read More »