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Ludmilka [50]
3 years ago
12

What are the Examples of private purpose trust funds

Business
1 answer:
shepuryov [24]3 years ago
4 0

Answer:

Scholarship Trust fund is an example of private trust funds

Explanation:

Private purpose trust funds are fiduciary  funds established to account for gifts the school district receives to be used for a particular purpose or to  account for moneys and property received and administered by the school district as trustee.

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In order to avoid "putting all its eggs in one basket," a business is most likely to:
exis [7]

Answer:

C-PRODUCE OR SUPPLY A VARIETY OF GOODS AND SERVICES

8 0
3 years ago
For Wilton Company, the predetermined overhead rate is 70% of direct labor cost. During the month, $720,000 of factory labor cos
Phoenix [80]

Answer:

Amount of overhead debited to Work in Process Inventory is $364,000

Explanation:

Direct labor cost = Total labor cost - Indirect labor cost

Direct labor cost = $720,000 - $200,000 = $520,000

Overhead debited to Work in Process Inventory= 70% * Direct labor cost

=70% * $520,000

=$364,000

6 0
4 years ago
The JPY/AUD spot exchange rate is 82.42, the JPY interest rate is 0.15%, and the AUD interest rate is 4.95%. If the interest rat
defon

Answer:

The answer is B. -97.7.

Explanation:

As the question gives us the spot rate, the interest rates of two countries, We can apply the covered interest parity to calculate the 90-day forward exchange rate JPY/AUD from which 90-day forward points can be derived.

F = S x ( 1+ Rjpy) / ( 1+ Raud); in which Rjpy denoted as JPY interest rate ( 0.15% per annum) while Raud is AUD interest rate ( 4.95% per annum).

F = 82.42 x (1+ 0.15% x 90/360) / ( 1 + 4.95% x 90/360) = 81.443

=> The 90-day forward points is : 100 x ( F-S) = 100 x ( 81.443 - 82.42) = -97.7

3 0
3 years ago
Steve manages people who take various raw materials and pre-made assemblies and puts them together in a unique product that is s
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Service creation .....
4 0
4 years ago
Which item is most often included along with a resume as part of a job application?
prohojiy [21]

Which item is most often included along with a resume as part of a job application? The cover letter is often included along with a resume as part of a job application. The cover letter helps you introduce yourself in a more personal way when applying for a job. The cover letter focuses more on who you are as a person related to your work ability rather than just a list of small information about what you've accomplished.

3 0
3 years ago
Read 2 more answers
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