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
Oksana_A [137]
3 years ago
14

The Dillard Park Fund is used to account for a private donation by Mr. and Mrs. Bud Dillard. When making the donation, the Dilla

rd's stipulated that only the income from this fund could be used for the operations of Dillard Park, a city owned park. The Dillard Park Fund is a: Group of answer choices General Fund Permanent Fund Private-Purpose Trust Fund Special Revenue Fund
Business
1 answer:
KonstantinChe [14]3 years ago
8 0

Answer:

permanent fund                                                              

Explanation:

In simple words, A permanent funds relates to the one of the five categories of federal funds defined by GAAP throughout the United States. It is listed as a genuine investment fund limited to administrations as well as voluntary organizations.

Often, even if the funding is being used to disclose the position of a limited financial assets will a fund be known as just a permanent Fund. The capital is constrained in the context that certain capital profits are included, but not the principle.

You might be interested in
Coronado Shoes Fool Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted wi
Burka [1]

Answer:

b. No journal entry is required

Explanation:

Given that

Estimated percentage of losing = 40%

Estimated amount = $800,000

By considering the above information, we concluded that

As in the case of the litigation, there is no journal entry is recorded as the possibility of the event is not certain with respect to the entity's economic resources.

Therefore in the given case, the correct option is b.

5 0
3 years ago
Q has an ordinary straight whole life insurance policy for $100,000. Due to a change in circumstances, Q finds that there is now
uranmaximum [27]

Answer:

Add a term rider

Explanation:

To satisfy the need for additional coverage at a low price the Q can add a term life insurance rider.

The addition of a term rider will allow Q for the additional coverage to be put into place at an affordable price, without having to acquire another policy.

As term rider is a fixed benefit policy thus, ordinary straight whole life will not allow an increase in face amount.

6 0
2 years ago
for the past twenty years, curtis purchased its jewelry-cleaning kit components from evans’ suppliers, a local company that rece
TEA [102]

As a new Curtis hire, the first step in looking for a supplier is to explore priorities within your own company and find out which Curtis stakeholders, such as manufacturing and marketing, need a supplier.

Every organizational action comes from planning, there needs to be analysis, gathering of relevant information, evaluation of alternatives and therefore decision-making.

Therefore, the choice of a new supplier must be based on the company's needs, and the one that offers the best opportunity cost, the best price, service and quality must be chosen.

Learn more here:

brainly.com/question/12140930

8 0
2 years ago
The stock price of Baskett Co. is $53.40. Investors require a return of 12 percent on similar stocks. If the company plans to pa
Gemiola [76]

Answer:

Growth Rate = 5.73%

Explanation:

The present value of stock formula can be used here to solve this problem.

The formula is:

P_0=\frac{Div_1}{r-g}

Where

P_0  is the current stock price

Div_1  is the dividend to be paid next year

r is the rate of return required

g is the growth rate expected

Now, the first 3 variables are given, we need to find g. Substituting, we find our answer:

P_0=\frac{Div_1}{r-g}\\53.40=\frac{3.35}{0.12-g}\\53.40(0.12-g)=3.35\\6.408-53.40g=3.35\\53.40g=3.058\\g=0.0573\\

In percentage, it is

<u>Growth Rate = 5.73%</u>

7 0
2 years ago
The industrial organization (I/O) model of above-average returns:
lara [203]

Answer:

The answer is A) Puts emphasis on the external environment, which plays a role in determining a company´s ability to achieve above-average returns.

Explanation:

The I/O Model of Above-Average Returns basically assumes that the industry in which a company decides to compete in has a much larger influence on performance (earnings and profit) than the choices the managers of this company make.

The basic assumptions of this organization model are:

  • The external environment imposes pressures and constraints that determine the strategies of the company and will result in above average returns.
  • It assumes competing companies control similar strategically relevant resources and pursue similar strategies.
  • Resources are highly mobile across companies, so that any differences that might develop between companies will be short-lived.
  • Decision-makers within the company are assumed to be rational and committed to acting in the company´s profit-maximizing behaviors.

8 0
3 years ago
Other questions:
  • Oliver has $5000 in a savings account, has $8000 invested in the stock
    9·1 answer
  • A dam is being built that will cost $500,000. The dam will cost $20,000 per year to operate and will require a maintenance expen
    12·1 answer
  • What is product market?
    5·1 answer
  • Sam Seller was worried that Barney would not perform under the contract and demanded an assurance. How many days does Barney hav
    6·1 answer
  • Please explain what is the difference between a change in demand versus a change in quantity demanded? Why is it so important to
    6·1 answer
  • Which bussiness will you be in or will you make your own?
    6·2 answers
  • 2. Sorry, you didn't win the lottery, but here's a way you can still be a millionaire! Starting at age 22, every night you take
    9·1 answer
  • Yesterday, you entered into a futures contract to sell €62,500 at $1.50 per €. Your initial performance bond is $1,500 and your
    13·1 answer
  • The ____ flow of information needed from the CSIRT to organizational and IT/InfoSec management is a critical communication requi
    9·1 answer
  • Saint John Industries uses the percentage of credit sales method to estimate Bad Debt Expense. The company reported net credit s
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!