The university system in the State of Florida consists of the 10 universities listed in the table. In a recent year, the general budget allocation for the system amounted to more than 2 billion dollars: $2,001,102,854. University Headcount FTE University of Florida 41,387 29,673 Florida State University 30,999 21,263 Florida A&M University 11,519 8,049 University of South Florida 31,127 18,477 Florida Atlantic University 19,552 10,769 University of West Florida 7845 4758 University of Central Florida 30,002 18,489 Florida International University 30,092 17,179 University of North Florida 11,220 6562 Florida Gulf Coast University 2558 1914 Subtotal E & G 216,301 137,133 (a) If the state decides to apportion the money equally among the 10 universities, how much will each university get? Answer to the nearest dollar. $ (b) How much money will each student be allocated if the money is apportioned equally among all the students? Answer to the nearest dollar. $ (c) How much money will each FTE (full-time equivalent) be allocated if the money is apportioned equally among all FTEs? Answer to the near
The university system in the State of Florida consists of the 10 universities listed in the table. In a recent year, the general budget allocation for the system amounted to more than 2 billion dollars: $2,001,102,854. University Headcount FTE University of Florida 41,387 29,673 Florida State University 30,999 21,263 Florida A&M University 11,519 8,049 University of South Florida 31,127 18,477 Florida Atlantic University 19,552 10,769 University of West Florida 7845 4758 University of Central Florida 30,002 18,489 Florida International University 30,092 17,179 University of North Florida 11,220 6562 Florida Gulf Coast University 2558 1914 Subtotal E & G 216,301 137,133 (a) If the state decides to apportion the money equally among the 10 universities, how much will each university get? Answer to the nearest dollar. $ (b) How much money will each student be allocated if the money is apportioned equally among all the students? Answer to the nearest dollar. $ (c) How much money will each FTE (full-time equivalent) be allocated if the money is apportioned equally among all FTEs? Answer to the near
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The university system in the State of Florida consists of the 10 universities listed in the table. In a recent year, the general budget allocation for the system amounted to more than 2 billion dollars: $2,001,102,854.
| University | Headcount | FTE |
|---|---|---|
| University of Florida | 41,387 | 29,673 |
| Florida State University | 30,999 | 21,263 |
| Florida A&M University | 11,519 | 8,049 |
| University of South Florida | 31,127 | 18,477 |
| Florida Atlantic University | 19,552 | 10,769 |
| University of West Florida | 7845 | 4758 |
| University of Central Florida | 30,002 | 18,489 |
| Florida International University | 30,092 | 17,179 |
| University of North Florida | 11,220 | 6562 |
| Florida Gulf Coast University | 2558 | 1914 |
| Subtotal E & G | 216,301 | 137,133 |
(a) If the state decides to apportion the money equally among the 10 universities, how much will each university get? Answer to the nearest dollar.
$
(b) How much money will each student be allocated if the money is apportioned equally among all the students? Answer to the nearest dollar.
$
(c) How much money will each FTE (full-time equivalent) be allocated if the money is apportioned equally among all FTEs? Answer to the nearest dollar.
$
$
(b) How much money will each student be allocated if the money is apportioned equally among all the students? Answer to the nearest dollar.
$
(c) How much money will each FTE (full-time equivalent) be allocated if the money is apportioned equally among all FTEs? Answer to the nearest dollar.
$
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