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Tems11 [23]
3 years ago
8

A private not-for-profit entity receives three large cash donations: One gift of $71,000 is restricted by the donor so that it c

annot be spent for four years. One gift of $91,000 is restricted to pay the salaries of the entity's workers. One gift of $121,000 must be held forever with the income to be used to provide food for needy families. In the current year, income of $11,000 was earned but not spent. What is the increase in the current year in net assets with donor restrictions
Business
1 answer:
Masteriza [31]3 years ago
3 0

Answer: $294,000

Explanation:

Gift of $71,000 is <u>time restricted</u> as it cannot be spent for 4 years.

Gift of $91,000 is <u>purpose restricted</u> as it must be used for the purpose of salaries.

Gift of $121,000 is <u>permanently restricted</u> as it must be held forever.

Income earned from the above gift of $11,000 is <u>purpose restricted</u> for needy families.

The gifts with donor restrictions total:

= 71,000 + 91,000 + 121,000 + 11,000

= $294,000

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Answer:

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Explanation:

For calculating the present value, all the cost and revenue will be considered.

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In case of introducing new chips

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3 0
3 years ago
Suppose that the market price for a bottle of vitamins is $2.54 and that at that price the total market quantity demanded is 105
Mars2501 [29]

Answer:please refer to the explanation section

Explanation:

The question is incomplete, The amount that each firm must produce is not given or the Quantity/demand equation that each firm faces is not given. We use a firm's quantity/demand equation to calculate how much each firm should produce and then work out the number of firms that should exist in the industry.

let us assume quantity produced by each firm is given by this equation;

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The question may provide you with the Quantity that each firm must produce, in that case you simple divide total market quantity by the firm's quantity to find number of firm that should exist.

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3 years ago
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All of them it was a really hard time
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Consumers have the right to choose from numerous products in a competitive marketplace. Who suffers when there is less competiti
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​enrique borrowed $3600 to put a down payment on a motorcycle. the loan had a simple interest rate of 8% for 2 years. use the fo
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Answer:

The amount of interest is $576.

Step by step explanation :

Given : ​Enrique borrowed $3600 to put a down payment on a motorcycle. The loan had a simple interest rate of 8% for 2 years.

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Therefore, The amount of interest is $576.

6 0
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