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kodGreya [7K]
3 years ago
12

The following proceeds received by Grove City in year 1 are legally restricted to expenditure for specified purposes: Donation b

y a benefactor mandated to a permanent fund to provide funds, the income of which is to provide meals for the needy (a government program) $300,000 Sales taxes to finance the maintenance of tourist facilities in the shopping district 900,000 What amount should be accounted for in Grove’s special revenue funds?
Business
1 answer:
tatiyna3 years ago
4 0

Answer:

The $1,200,000 should be accounted for in Grove’s special revenue funds

Explanation:

Special revenue fund: The special revenue fund is a fund that is introduced by the government to collect the money from the public. It is made to fulfill the need for specific purposes/ projects.  

The computation of special revenue funds is shown below:

= Income received for providing the meals to the needy people + financing of sales tax with respect to tourist facilities maintenance in the shopping district

= $300,000 + $900,000

= $1,200,000

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carl's television stopped working just before the big game and he did not have enough money to purchase another television. he k
mihalych1998 [28]

Carl's Television Assume that there are no cases that have interpreted the statute and no statutory definitions that apply.We know 18 televisions sets contains 3 defective.

sets => 15 TV sets are ok.So the total number of possible ways for the hotel to buy = C = 43758

At least one of the defective sets, SO we need to find the probability for 1 defective sets, 2 defective sets and 3 defective sets.1. The number of ways the hotel purchases 8 of these televisions sets but have 1 defective one:P() = C * C =6435*3 = 19305

2. The number of ways the hotel purchases 8

of these televisions sets but have 2 defective

one:P(2) = C C = 5005*3= 15015

3. The number of ways the hotel purchases 8

of these televisions sets but have 3 defective

one:P(3) = C5 *=3003*1 = 3003

So the probability that the hotel receives at least

one of the defective sets =(P() + P(2) + P(3) ) /P= (19305 +15015 +3003 ) /43785*100% = 85.29%.

The number of ways the hotel can receive at

least one defective set in a purchase of 8 sets is

calculated using the combination.

To know more about Carl's Television visit:

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7 0
1 year ago
At a sales volume of 40,000 units, Carne Company's sales commissions (a cost that is variable with respect to sales volume) tota
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Answer:

c. $480,930

Explanation:

In this method we applied the unitary method

Given that

Sales volume = 40,000 units

Sales = $492,000

Sales volume = 39,100 units

Sales = ?

So, by considering the given information, the sales for 39,100 units would be

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= $492,000 × 39,100 units ÷ 40,000 units

= $480,930

7 0
3 years ago
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