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kramer
2 years ago
10

A government's Statement of Revenues, Expenditures, and Changes in Fund Balances reported proceeds of bonds in the amount of $2,

000,000. It also reported expenditures for bond principal in the amount of $500,000. The last interest payment was on the last day of the fiscal year. The reconciliation from the governmental funds changes in fund balances to the governmental activities change in Net Position would reflect a(an):
Business
1 answer:
vesna_86 [32]2 years ago
6 0

Answer:

The reconciliation from the governmental funds' changes in fund balances to the governmental activities change in net position would reflect a decrease of   1,500,000 as the payments.

Explanation:

The change in net position  = Amount of bond proceeds - Amount of bond principal.

The change in net position = $2,000,000 - $500,000 = 1,500,000

There would be a decrease of  1,500,000 as the payments.

The reconciliation from the governmental funds' changes in fund balances to the governmental activities change in net position would reflect a decrease of   1,500,000 as the payments.

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Within her company, Nadine utilizes a management style that varies according to the individual and environmental situation, with
jeka57 [31]

Answer:

b) contemporary

Explanation:

Contemporary management perspective or leadership includes some characteristics as:

"A managerial leadership style that entail inviting input from every individual before making any major decision.

Participative leadership style tends to incorporate a democratic perspective in modern management, which has initially been centralize

This leadership style is based on the ability of a leader to match to the prevailing circumstances.

Major decisions are dependent (contingent) upon the inherent internal and external situation of a company or society."

Reference: GumEssays. “Contemporary Leadership.” Premium Level Assignment Help on GumEssays.com, 2019,

8 0
3 years ago
What is it called when banks record which account gives up money and which account receives money when a customer writes a check
Nutka1998 [239]

Answer:

check clearing

Explanation:

3 0
3 years ago
Confirm your calculations in Requirement 3 above by increasing the unit sales in your worksheet by 20% so that the Data area loo
PtichkaEL [24]

Answer:

a. $700,000

b. 40% increase

Explanation:

As per the data given in the question,

a)  

Increase in sales = 20%

So last  unit sale

= Unit sales ÷ increased unit sales percentage

= 60,000 ÷ 1.2

= 50,000

Previous year operating income  is

= Last unit sales × (Selling price per unit - variable cost per unit) - Fixed expenses

= 50,000 × ($50-$30) - $500,000

= $500,000

Current Net operating income  is

= Current units sales × (Selling price per unit - variable cost per unit) - Fixed expenses

= 60,000 × ($50-$30) - $500,000

= $700,000

b)

Percentage increase in net operating income is

= (Current Net operating income - Previous year operating income) ÷ Previous year operating income

= ($700,000 - $500,000) ÷ $500,000

= 40% increase

The net operating income is the income which is come after deducting all the variable cost, fixed cost from the sales revenue i.e earned by the company

4 0
3 years ago
You are a real estate owner in Bloomington Indiana and you have rented a house to students. You expect to make 6% per year on th
Lyrx [107]

Answer:

The present value of the contract is 0.5% higher if the rent is paid at the beginning of the month. That is equal to $11.28 for every $100 of rent.

Explanation:

if the rent is paid at the beginning of the month, the present value of the lease contract will be:

PV = monthly rent x PV annuity due factor

we are not given the monthly rent, but we know the PV annuity due factor for 0.5% and 24 periods = 22.67568

if the rent is paid at the end of the month, the PV = monthly rent x PV ordinary annuity factor

the PV ordinary annuity factor, 0.5%, 24 periods = 22.56287

assuming that the rent is $100 (just to calculate a %), the PV of an annuity due = $2,267.57

the PV of an ordinary annuity = $2,256.29

the difference between them = [($2,267.57 / $2,256.29) - 1] x 100 = 0.5%

7 0
3 years ago
Eric wants to attend a public four-year university. He estimates that the average cost of one year at this university is $19,500
pishuonlain [190]
In this problem he need 19.500 but only earns 325 a month. From this we take what is needed (19500) and divide it by what is earned (325). This will give you 60. So therefore it will take him 60 months to earn enough for one year at university.
5 0
2 years ago
Read 2 more answers
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