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love history [14]
3 years ago
8

A permanent fund classified under governmental funds ... A. Accounts for most of the basic services provided by the governmental

unit. B. Accounts for financial resources intended for major capital projects C. Accounts for services provided by one department of a government to another D. Accounts for resources that are legally restricted so only earnings, not principal, may be expended.
Business
2 answers:
Wewaii [24]3 years ago
7 0

Answer:

D. Accounts for resources that are legally restricted so only earnings, not principal, may be expended.

Explanation:

Based on the scenario been described in the question, we can say that a permanent fund classified under governmental funds are accounts for resources that are legally restricted so only earnings, not principal, may be expended. We have government funds as special service funds and debt service funds. so we this explanation, we can see that the best is option D which is the correct answer.

Alik [6]3 years ago
4 0

Answer:D. Accounts for resources that are legally restricted so only earnings, not principal, may be expended.

Explanation: For permanent fund to be classified under governmental funds, the accounts for resources are legally restricted so only earnings, not principal, may be expended, and for purposes to benefit the government and its citizenry.

It is specified that the purpose of the funds are to benefit the government and its citizens for it to be, the condition must be met.

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Which of the following about writing and revising business documents is most accurate? a. Experienced business writers rarely ne
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C. Revising is always required or at least advised
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2 years ago
A fire destroyed some of Powell Company's records. Information from the documents found related to inventory is listed below. En
andrey2020 [161]

Answer:

$478,000

Explanation:

Purchase inventory = cost of goods sold + ending inventory - beginning inventory

Purchase = (445,000 + 76,000) - 43,000 = $478,000

6 0
3 years ago
Read 2 more answers
Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear $ 32.50 Total fixe
Neporo4naja [7]

Answer: 26.5% increase

Explanation:

Current profit = Sales - Variable costs - fixed costs

= ((32.50 - 16.50) * 360 bears) - 1,420

= $4,340

Sales increase by 20% = 360 * ( 1 + 20%) = 432 bears

New profit;

= ((32.50 - 16.50) * 432 bears) - 1,420

= $5,492

Effect of sales increase = ( 5,492 - 4,340) / 4,340

= 26.5% increase

8 0
3 years ago
Using+a+50/50+debt/equity+mix,+a+1%+reduction+in+which+cost+of+capital+category+would+drive+a+larger+reduction+in+wacc?
Fantom [35]

A larger reduction in wacc equals impact from equity and debt. The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the IRR

WACC SG&A Sales CAGR EPS To make projections while capital budgeting in Excel, you have to make assumptions Although conservative assumptions are safe, they are generally so safe you would not want to make the investment.

It is best for organizations to keep their debt-to-equity ratio at a manageable level, which is generally indicated by a ratio that is below Sustaining a very low ratio would show companies that they may not be taking advantage of the cash they have for investment opportunities the project will break even.

Learn more about Equity here:-brainly.com/question/12781629

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4 0
2 years ago
Tara wants to put a small portion of every paycheck into a low-risk investment. which would be her best option?
nydimaria [60]

Tara's best option to put a small portion of every paycheck into a low-risk investment is investing in an S&P 500 index fund.

<h3>What is a paycheck?</h3>

A paycheck can be defined as a financial document that is issued by an employer to an employee as payment for the work done over a period of time.

<h3>What is risk tolerance?</h3>

In Insurance, risk tolerance can be defined as the willingness of an individual or organization to take a risk in business transactions and investments, in order to get a potentially positive reward.

Generally, the high risk that is associated with investments such as stocks, high-yield bonds, etc., is often perceived by investors to be worth the higher reward these investment brings.

In this scenario, we can reasonably infer that Tara's best option to put a small portion of every paycheck into a low-risk investment is investing in an S&P 500 index fund.

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6 0
1 year ago
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