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AleksAgata [21]
3 years ago
14

Fact Pattern: Early in Year 2, a nongovernmental not-for-profit entity (NFP) received a $2,000,000 gift. The donor specified tha

t the gift be invested in a permanent endowment, with income restricted to provide speaker fees for a lecture series named for the benefactor. The NFP is permitted to choose suitable investments and is responsible for all other costs associated with initiating and administering this series. Neither the donor's stipulation nor the law addresses gains and losses on this permanent endowment. In Year 2, the investments purchased with the gift earned $50,000 in dividend income. The fair value of the investments increased by $120,000.
Question: 7 The $2 million gift from the benefactor should be recorded in the Year 2 statement of activities as an increase in
Permanently restricted net assets.
Social Studies
1 answer:
Fiesta28 [93]3 years ago
3 0

Answer:

Permanently restricted net assets is the correct answer.

Explanation:

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Answer:

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Explanation:

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The experiment shows a negative correlation, because more phone calls predicted fewer medical consultations for illnesses, as shown in the first answer option.

<h3>How to identify a negative correlation?</h3>
  • Identify two directly related elements or factors.
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  • See if increasing one element causes the other to decrease and vice versa.

In the experiment shown above, it is possible to observe that the frequency of calls from nurses reduced the need for medical consultations for pregnant women, which shows a negative correlation between the elements.

More information about correlation in the link:

brainly.com/question/13576407

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That is known as <span>time space compression. </span>
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B I think

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