Answer: $294,000
Explanation:
Gift of $71,000 is <u>time restricted</u> as it cannot be spent for 4 years.
Gift of $91,000 is <u>purpose restricted</u> as it must be used for the purpose of salaries.
Gift of $121,000 is <u>permanently restricted</u> as it must be held forever.
Income earned from the above gift of $11,000 is <u>purpose restricted</u> for needy families.
The gifts with donor restrictions total:
= 71,000 + 91,000 + 121,000 + 11,000
= $294,000
Answer:
Specialty store
Explanation:
A specialty store is a retail business that specializes in a particular range of products and its related merchandise. A specialty store will have an extensive depth of the merchandise that its stocks. For example, a business may focus on office supplies, men clothing, or household appliances as opposed to having a wide range of consumer products.
Specialty stores will often sell their products at a premium price. They offer excellent and friendly customer service. Employees at a specialty store have in-depth knowledge about their products and will provide expert advice to customers.
The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.
<h3>What is dividend?</h3>
Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are from the profit they make or generated.
Shareholders often invest their money in a business or buy part of a company shares in which they in turn receive profit from the company they invested their money into.
Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.
Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.
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Answer:
D. A checking account comes with a credit card.
Explanation:
A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.
Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.