<h3>Hello there!</h3>
Your question asks what type of fund should the gift be accounted for.
<h3>Answer: D). Permanent fund</h3>
The reason why answer choice " ). Permanent fund" is the correct answer because the gift "restricts" the government in it's usage, due to the fact that the $200,000 gift and investment must be used to "beautify the city-owned parks."
The $200,000 gift and investments has a specific intention when being used.
The government would therefore keep some of the money from the gift and investments as a "principal" to make more money from it, while using the rest of the money for it's obligated "use" or "benefit".
This would also be known as a Permanent fund because the fund is being used for something that is owned by the government. In this context, the thing that is owned by the government would be the park, due to the fact that the park is "city-owned." The gift is obligated to be used for the "city-owned" park.
<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
Answer:
$22.81
Explanation:
We can easily calculate share price for BeeGood company just by multiplying the current earnings per share with an average P/E ration of competitors
P/E = Price earning ratio
EPS = Earning per share
Formula: Share price = PE x EPS
Share price =
x $1.74
Share price = $22.81
Answer:
d) $228,000 outflow
Explanation:
Calculation for the amount that the salaries should be reflected in the analysis
Using this formula
Salaries=Salaries expense-(Salaries expense*Tax rate)
Let plug in the formula
Salaries=$380,000-($380,000*40%)
Salaries=$380,000-$152,000
Salaries=$228,000 Outflow
Therefore salaries should be reflected in the analysis by a: $228,000 outflow
Answer:
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The sales level at which a company neither earns a profit nor incurs a loss is called the Break-even point.
<h3>What is the Break-even point?</h3>
Break-even is known to be a point or a situation where a firm is said to neither is making money nor they are losing money.
At this point, all the costs are said to have been covered. Break-even analysis is known to be very vital in studying the linkage between the variable cost, fixed cost and revenue. At this point, a firm is neither earns a profit nor incurs a loss.
Learn more about Break-even point from
brainly.com/question/9212451