The answer is D. 45 to 55%
Answer:
The $1,200,000 should be accounted for in Grove’s special revenue funds
Explanation:
Special revenue fund: The special revenue fund is a fund that is introduced by the government to collect the money from the public. It is made to fulfill the need for specific purposes/ projects.
The computation of special revenue funds is shown below:
= Income received for providing the meals to the needy people + financing of sales tax with respect to tourist facilities maintenance in the shopping district
= $300,000 + $900,000
= $1,200,000
Answer:
In order to find the dividend 8 years from now we will use the formula D*(1+R)^N
Right now
D= 1.84
R=1.65%
N= 8
1.84*(1.0165)^8
=2.097
The dividend 8 years from now will be $2.097.
Explanation:
Answer:
b. all development cost are expensed as incurred
Answer:
b. enduring beliefs and ideals that are socially enforced.
Explanation:
Values are general beliefs and ideas shared by some culture or community, which is also acceptable and enforceable by the society.
The common belief of a common individual to take the decision of good or bad by his own, with some values related to ethics is all in context of values.
It impacts individuals in very significant manner as is clearly visible in an individual what kind of values does he carry.
Therefore, correct answer is:
b. enduring beliefs and ideals that are socially enforced.
