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Anettt [7]
3 years ago
12

Aloma, a university graduate who started a successful business, wants to start an endowment in her name that will provide schola

rships to CE students. She wants the scholarship to provide $11,000 per year and expects the first one to be awarded on the day she fulfills the endowment obligation. If Aloma plans to donate $250,000, what rate of return must the university realize in order to award the annual scholarship forever
Business
1 answer:
kramer3 years ago
5 0

Answer:

the rate of return is 4.60%

Explanation:

The computation of the rate of return is shown below;

= Scholarship provided per year ÷ (Expected donated amount - Scholarship provided per year)

= $11,000 ÷ ($250000 - $11,000)

= $11,000 ÷ $239,000

= 4.60%

Hence, the rate of return is 4.60%

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Dual enrollment courses may be taught:
photoshop1234 [79]

Answer:

B

Explanation:

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6 0
3 years ago
A machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. The amount that should be r
Lunna [17]

Answer:

c. $59,000

Explanation:

The cash flow statements shows the effect of the company's activities on cash. These activities are classed into operating, investing and financing activities.

When an asset is sold, the amount received from the sale is an inflow of cash to the company. This inflow is recognized in the investing segment of the cas flow statement.

Hence, the amount that should be reported as a source of cash under cash flows from investing activities is $59,000.

4 0
3 years ago
On January​ 2, 2019, Kornis Corporation acquired equipment for $1,000,000. The estimated life of the equipment is 5 years or 100
Scrat [10]

Answer:

$392,000

Explanation:

Double-declining-balance method is (2/useful life) x cost -accumulated depreciation)

cost = purchase price - residual value

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= $392,000

5 0
4 years ago
Besides the dollar cost, what other costs should you consider when comparing alternative solutions to a problem or goal?​
uranmaximum [27]

Answer:

Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.

8 0
3 years ago
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Ksju [112]

Answer:

A

Explanation:

Should be A as your savings account will accrue interest and the stock market is volatile.

3 0
3 years ago
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