Answer:
a. It should not be accounted for until it is received.
Explanation:
When a donor make a promise to make a donation of certain amount of money to a not-profit-organization, the amount is referred to as a pledge.
There are two important variations of a pledge depending on the conditions attached to it. These variations have to be considered when the pledge is being accounted for. The following are the two variations:
1. Unconditional pledge: This occurs when a pledge is committed to by a donor without any reservation. In this case, the funds will be recorded as revenue and an account receivable by the not-for-profit organisation that is receiving it.
2. Conditional pledge: This occurs when a pledge is committed to by a donor but with a condition to be met attached to it. That is, the donor promises the organisation certain amount of money contingent upon some future event. In this case, the not-for-profit organisation will not record anything. The organisation has to wait until the condition is met. When the condition is eventually met, the pledge will then be recorded as revenue and an account receivable.
The answer:
Since a pledge of $10,000 received by the League has a condition attached to it that the donation will not be received for three years, that is, it will not be received until after three years, the pledge is considered as a conditional pledge. Therefore, the League will not record anything until after it receives the pledge.
Therefore, the Cats and Dogs League should not be accounted for until it is received.
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An indoor company-sponsored concert that's open to the public
B.
A store sale
C.
A company picnic for employees
D.
A limited time coupon mailed to potential customers
Answer: The correct answer is "C. A company picnic for employees".
Explanation: An internal event is an event to which only people belonging to the same entity, institution or company can attend. For example A company picnic for employees.
An external event is that event in which not only members or employees of a company can attend but also an external public that does not belong to the company in question. For example: An indoor company-sponsored concert that's open to the public.
Answer:
the price of the zero-coupon bond is approximately GBP 4,524.21. This means that an investor would need to pay GBP 4,524.21 upfront to purchase the bond and would receive GBP 10,000 at maturity in 16 years.
Explanation:
A zero-coupon bond is a type of bond that does not pay any interest to the bondholders. Instead, it is issued at a discount from its face value and matures at a future date when the bondholder receives the full face value of the bond.
In this case, the company has issued a zero-coupon bond with a face value of GBP 10,000 and a maturity period of 16 years. The market rate for such bonds is 8%, compounded semiannually.
To calculate the price of the bond, we need to discount the future cash flow of GBP 10,000 back to the present value using the market rate of 8%. Since the interest is compounded semiannually, we need to adjust the interest rate accordingly.
The formula to calculate the present value of a future cash flow is:
PV = FV / (1 + r/n)^(n*t)
Where:
PV = Present Value
FV = Future Value
r = Interest Rate
n = Number of compounding periods per year
t = Number of years
In this case, FV is GBP 10,000, r is 8% (0.08), n is 2 (semiannual compounding), and t is 16 years.
Using the formula, we can calculate the present value as follows:
PV = 10,000 / (1 + 0.08/2)^(2*16)
PV = 10,000 / (1.04)^(32)
PV = 10,000 / 2.208
PV ≈ GBP 4,524.21
a. Slides
b. Drawing
c. Paragraph
d. Font
Firm 1 will be given a quota of 692.31 units, and Firm 2 will be given a quota of 307.69 units.
To determine how the government agency will divide the 1000 units of pollution between the two firms, we need to consider their marginal costs of pollution abatement and the constraint that their combined pollution cannot exceed 1000 units.
Let's solve for the optimal allocation using the given marginal cost functions:
1. Set up the optimization problem:
Maximize total pollution abatement subject to the constraint:
x₁ + x₂ ≤ 1000
2. Determine the marginal cost functions for each firm:
Firm 1's marginal cost of pollution abatement: c₁(x₁) = 6000.00 + 4.00x₁
Firm 2's marginal cost of pollution abatement: c₂(x₂) = 1500.00 + 8.00x₂
3. Formulate the objective function:
Maximize c₁(x₁) + c₂(x₂)
4. Solve the optimization problem using the given constraint:
Subject to x₁ + x₂ ≤ 1000
By substituting the marginal cost functions, the problem becomes:
Maximize (6000.00 + 4.00x₁) + (1500.00 + 8.00x₂)
Subject to x₁ + x₂ ≤ 1000
5. Solve the optimization problem to find the optimal allocation:
By solving the problem, we find that x₁ ≈ 692.31 and x₂ ≈ 307.69.
Therefore, the government agency will allocate a quota of approximately 692.31 units to Firm 1 and a quota of approximately 307.69 units to Firm 2 to ensure that the combined pollution does not exceed 1000 units.
The complete question is:
Two firms operate in a manufacturing industry that generates a significant amount of pollution. The local government has decided to crack down and limit the total amount of pollution to 1000 units. Each firm has a different cost of cleaning up its production process. Firm 1's marginal cost of pollution abatement is c₁(x₁) = 6000.00 +4.00 x₁ and firm 2's marginal cost of abatement is C₂(x₂) = 1500.00+ 8.00(x₂), where x₁ and x₂ are the amounts of pollution emitted by each firm. The two firms are constrained to produce no more than the 1000 units of pollution combined. 1st attempt See Hint
Suppose that a government agency is able to estimate the pollution abatement equations and set quotas for each firm. How will it divide up the 1000 units of pollution between the two? Give all answers to two decimals.
Firm 1 will be given a quota of____ units and firm 2 will be given a quota of ___units.
To know more about marginal costs, refer here:
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The level of development for a country does not indicate how well a nation administers foreign policy. Gradpoint approved