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Alika [10]
3 years ago
14

Proprietary funds are required to present four basic financial statements—a Statement of Net Position, a Statement of Changes in

Fund Net Position, a Statement of Cash Flows, and a Budgetary Comparison Statement. Select one: True False
Business
1 answer:
SpyIntel [72]3 years ago
4 0

Answer: False

Explanation:

The Basic Financial Statements for a Proprietary Fund includes:

1. Statement of net position

2. Statement of revenues, expenses

3. Statement of changes in fund net position

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Industrial ecology (select THREE): Group of answer choices
Pavlova-9 [17]

Answer:

Hold on, our servers are swamped. Wait for your answer to fully load.

Explanation:

5 0
3 years ago
Suppose that a surfboard designer owns a building and is renting part of the building's space to a doctor. Further suppose that
mojhsa [17]

Answer:

Yes, if doctor pays at least $275 to designer, there will be no noise and designer will be able to produce without increases costs.

Explanation:

The surfboard designer makes a lot of noise.Doctor on the other hand needs peace to function. The doctor an shift to another building but rent is $350 more.

The surfboard designer can reduce noise through new technology but it costs $275.

Assuming that there is no cost involved in negotiations, both parties can be better off if the doctor pays at least $275 to designer to adopt new technology. The maximum amount the designer will be willing to give will be $350.

4 0
2 years ago
Peng Company is considering an investment expected to generate an average net income after taxes of $1,950 for three years. The
Bogdan [553]

Answer:

NPV =$(36,602.61)

Explanation:

<em>The Net present value (NPV) is the difference between the Present value (PV) of cash inflows and the PV of cash outflows. A positive NPV implies a good and profitable investment project and a negative figure implies the opposite.  </em>

NPV = PV of cash inflows - PV of cash outflows  

<em>PV of cash inflow= A × (1- (1+r)^(-n)/r</em>

A- net cash inflow  1,950, r- discount rate- 15%, n- number of years- 3

PV of cash inflows =  1,950 × ((1- (1.15)^(-3))/0.15

                               = 4,452.28

<em>PV of scrap value = F ×(1+r)^(-n)</em>

F- Scrap value - 6000, r- discount rate = 15% n- number of years- 3

PV of scrap value = 6,000 ×(1.15)^(-3)=3,945.09

NPV = 4,452.28  + 3,945.097 - 45,000

      = (36,602.61)

NPV =$(36,602.61)

8 0
3 years ago
EHealth Corporation has $1,000 par value bonds with 4 years to maturity. The bonds pay an 8% coupon rate with semi-annual coupon
Degger [83]

Answer:

Yield to Maturity(YTM) = 3.47%

Explanation:

<em>The yield to maturity is the required rate of return (discount rate) that would equate the price of the bond and cash outflow  expected from the bond.  The yield on the bond can be determined as follows using the formula below:  </em>

YTM = C + F-P/n) ÷ 1/2 (F+P)  

YTM-Yield to maturity-  

C- coupon  

F- Face Value  

P- Current Price  

DATA  

Coupon = coupon rate × Nominal value = 1,000 × 8%× 1/2=40(note we divide by 2 because interest is paid semi-annually)

n= 4×2 = 8 (note there 2 half months in a year)

Face Value = 1000

YM-?, C-40, Face Value - 1,000, P-103.75/100×   1000 = 1037.5

YM = (40 + (1000-1037)/8) ÷ ( 1/2× (1000 + 1037.5  ) )  =0.0347

YM = 0.0347 × 100 = 3.47%  

Yield to Maturity = 3.47%

5 0
3 years ago
Shale Remodeling uses time and materials pricing. It is setting prices for next year using the following information: Labor rate
mylen [45]

Answer:

49%

Explanation:

Material mark up per dollar of material used = Target profit + Percentage of material purchasing , handling and storage

Material mark up per dollar of material used = 25% + (315,900/1,316,250 *100)

Material mark up per dollar of material used = 25% + 24%

Material mark up per dollar of material used = 49%

5 0
3 years ago
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