Receipt of a $500,000 gift by a private college that must be invested, the earning of which are to be used to support a "chaired" professorship in accounting, would be recorded as an increase in net assets with donor restrictions.

Answer the following statement true (T) or false (F)


True

Business

You might also like to view...

Suppose an investor purchased 100 shares of JDSU stock at a price of $50 per share on December 31, 2011. On December 31, 2012, JDSU paid dividends of $1.50 per share, and the investor received the dividends, then sold the stock at a price of $65 per share. a.If there were no taxes or inflation, what was the total return?  b.If there were no taxes, but inflation was 3.5 percent, what was the real return?  c.If the tax rate was 15 percent on dividends and capital gains, what was the after-tax real return?

What will be an ideal response?

Business

What are four positive ways to promote diversity?

What will be an ideal response?

Business

Innovative Installers provides a variety of services related to office space and relocations such as installing modular office furniture and providing space planning and layout consultations Innovative Installers is owned and operated by Mierzett Evans and his sister Glenda Heldris. The company was founded in 1992. It had more than $2 million sales in 2003. The company uses a variety of marketing methods including a Web site, cold calls, and direct mail. Evans and Heldris believe the company could better communicate with potential customers who may not know of the company's existence.The siblings use the corporate Web site to inform potential customers about the services their company offers. The Web address is included in all of the company's advertising. In other words, Evans and

Heldris are using: A. direct sales. B. cold sales. C. prospecting on the web. D. Internet dialoguing. E. direct communication.

Business

Which statement below does not explain globalization?

a. It has enhanced the flow of trade and investment between countries b. It has increased the degree of communication between countries and nationalities c. It has taken political activity from a national to a global level through the efforts of the European Union and the International Monetary Fund d. It includes an unhindered movement of labor

Business