Answer:
Economic ; Economic
Explanation:
A decision will be considered as 'economic reason' if that decision is based on monetary benefit. This is what Maria's intention when working at JCPenny. She just wants to get the highest salary as possible.
Joe on the other hand, works for patron.
Meaning that He works there seeking for connections. Even though he is not aiming directly for money/salary, getting connections actually a monetary reasons since it often lead to more career/business opportunities.
Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.
Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.
From the information, the unrestricted revenue in June 30, 2020 will be:
= 10% × $1,000,000
= $100,000
The unrestricted revenue for June 30, 2021 will be:
= $1,000,000 - $100,000
= $900,000
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