1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
arlik [135]
3 years ago
11

The Victoria Fund, a child welfare fund, received $50,000 in cash in 2018. The donor requires the gift be held in perpetuity and

that the income from investing this money may be used for its program of promoting adoption of young girls. How should the gift be reported in the Victoria Fund's financial statements?
Business
1 answer:
maw [93]3 years ago
3 0

Answer:

The $50,000 must be reported as assets with donor restrictions.

Explanation:

Donor imposed restrictions can be temporary or perpetual; the $50,000 are perpetually restricted since they must be invested and the income received should be used for its program of promoting adoption of young girls.

You might be interested in
Gus was recently laid off, and he is struggling to pay his bills and make ends meet. Gus is meeting with a staffing agency later
Brilliant_brown [7]

Answer:

“I was able to learn from this experience. I now know what not to do in my next job.”

Explanation:

“I was able to learn from this experience. I now know what not to do in my next job.”

8 0
2 years ago
To qualify as a tax preparer for a seasonal job at a tax preparation chain, Martin must answer written questions on tax terminol
shutvik [7]

Answer:

Learning-Level

Explanation:

The correct answer to this question is Learning - Level.

To qualify as a tax preparer one must learn how to calculate tax and provide tax preparation. Learning level is the intelligence of a person which is important to learn new things, more intelligence will provide with fast learning. E-Learning is the system of learning with the help of electronic devices.

8 0
3 years ago
Read 2 more answers
Ownership is held in ________ when all the rights of ownership in a particular piece of property are held by one person
algol [13]

Ownership is held in Severalty Ownership when all the rights of ownership in a particular piece of property are held by one person.

When a single person, business, or other entity owns the property, this is known as Severalty Ownership. The name of the phenomenon refers to the cutting off of a solitary owner from other owners' rights to ownership.

The property's owner in severalty is the only person with ownership rights, and they are also the only ones with the authority to sell, bequeath, encumber, or otherwise transfer all or any portion of those rights to another person.

Those parties are known as co-owners or concurrent owners when they hold title to a piece of real estate jointly or severally. Depending on the state, co-owners may own a property as tenants by the entirety or communal property if they are married or part of a legal civil union.

To learn more about Severalty Ownership refer to:

brainly.com/question/15855813

#SPJ4

7 0
2 years ago
What advice or tips would you give Mr. Youngher as he prepares for other interviews? He should learn to appreciate the power of
Dmitriy789 [7]

This is the scenario for this question:

Mr. Youngher arrives at his interview for a community relations internship with Bethlehem Electric in Chicago five minutes late and in a rumpled suit. When he is introduced to the chief marketing officer, Mr.Youngher moves in close as they shake hands and winks. The executive takes a step back

Answer:

He should learn to appreciate the power of appearance and improve his decoding skills to be a better reader of others’ reactions.

Explanation:

In the given scenario it is obvious that Mr Youngher did not read the situation and act appropriately.

He came late for the meeting. The correct thing for him to do would have been to apologize.

Instead he moves in close as they shake hands and winks. This kind of familiarity is inappropriate under the circumstances.

Also he went to the interview with a rumpled suit.

This would give a bad impression about himself.

He should learn that a neat appearance creates a good impression about people, this helps them rate you higher

3 0
3 years ago
Ratio analysis A company reports accounting data in its financial statements. This data is used for financial analyses that prov
ICE Princess25 [194]

Answer: 1. a. Liquidity Ratios

b. Activity Ratios

c. Financial Ratios

d. Profitability Ratios

e. Market Value Ratios

2. A. Seasonal factors can distort data

B. Window dressing might be in effect.

Explanation:

a. Liquidity Ratios give the company an idea of it's ability to access hard currency. Examples include the Current ratio and the Quick ratio.

b. Activity Ratios allows stakeholders know how efficient the company is at running daily operations. Examples include; Receivables Turnover and Asset Turnover ratios.

c. Financial Ratios are very important to the company as they can decide if a company will be able to get loans. They include ratios that measure the firm's ability to pay off debt as well as the overall condition of the firm in terms of it's finances.

Examples include; Net Profit Margin and Debt to Asset ratio.

d. Profitability Ratios

These help ascertain the ability of the business to make returns based on its resources. Examples include Return on Assets and Return on Equity.

e. Market Value Ratio

These essentially help the company and other stake holders know what the company is worth in the market. An example is the Book Value per Share ratio.

2. Seasonal Factors may indeed distort data depending on the type of industry that the firm is into and ratios will usually not show this. For instance, an Ice Cream company will not have strong sales in winter so when interpreting ratio analysis it would be important to note that this could happen.

Another weakness is that ratios are calculated based on the figures that are given by a company. These figures may not truly reflect the actual situation of the company when management supply more optimistic figures than is true. This is called Window Dressing.

It will have the effect of distorting the ratios so that they do not represent a true representation of the actual situation of the company.

6 0
3 years ago
Other questions:
  • Assume the return on a market index represents the common factor and all stocks in the economy have a beta of 1. Firm-specific r
    5·1 answer
  • Johnson Construction Company uses cost-plus pricing to determine costs and place bids on local jobs. The manager needs to comput
    13·1 answer
  • As a company grows, it may become necessary for it to create a(n) ______, which is a visual display of the organizational struct
    11·1 answer
  • During the year, Pablo keeps the following record of his travel: Miles Home to office 864 Office to home 864 Home to local clien
    5·2 answers
  • Flexo Trucking Company transports hazardous waste. Garn is a Flexo driver, whom the company knows drives longer hours than feder
    15·1 answer
  • Deposit insurance is: private insurance by depositors to guarantee against a bank run that would affect deposits. government ins
    11·1 answer
  • A point inside the production possibilities curve represents -
    11·1 answer
  • Experimenting with new ideas in the workplace is important
    5·2 answers
  • The production department in a process manufacturing system completed 80,000 units of product and transferred them to finished g
    12·1 answer
  • Abercrombie and Fitch is a leading retailer of casual apparel for men, women, and children. Assume that you are employed as a st
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!