A person pledges a new additional long-term multi-year donation. They do trust the staff of the nonprofit and its daily leadership to grow the mission but this time for the multiple years of the grant, the donor wants the money to go to a particular one of the services the nonprofit offers. How should donor designate the grant?
Q: ving probadiny Probability A 0.1 (15%) (31%) 0.1 5 0 0.6 15 18 0.1 22 0.1 31 30 49 a. Calculate the…
A: ProbabilityStock AStock B0.1-15.00%-31.00%0.25.00%0.00%0.515.00%18.00%0.122.00%30.00%0.131%49.00%
Q: Based on economists' forecasts and analysis, 1-year Treasury bill rates and liquidity premiums for…
A: R1 = 0.55%E(2r1) = 1.70%E(3r1) = 1.80%E (4r1) = 2.10%L2 = 0.08%L3 = 0.12%L4 = 0.14%
Q: Calculate, to the nearest cent, the future value FV of an investment of $ 10,000 at the stated…
A: Present Value (PV) of investment = $10,000Monthly interest rate (r) = 0.1% or 0.001Number of…
Q: only answer question 4 please Yardi Solutions is a multinational company base in the Caribbean,…
A: Hence, the question has been solved in detailed explanation manner.Explanation:Foreign Exchange…
Q: delta corporation obtained a $45, 000 loan at a rate of prime +1.15% on July 18. Fixed payments of…
A: Loan amount = $45,000Interest rate = prime rate + 1.15%Fixed payments = $3500Prime rate on July 18 =…
Q: [The following information applies to the questions displayed below.] Because of increased consumer…
A: Here,Development Cost in Year 1 and Year 2 is $750 millionTools and Setup Cost in Year 2 is $1…
Q: This formula (total enterprise operating cost/ total kilometres of fleet) can be used to calculate…
A: FLEET KILOMETRE IS THE TOTAL DISTANCE TRAVELLED BY A FLEET OF VEHICLES IN A CERTAIN PERIOD OF TIME.
Q: Dog Up! Franks is looking at a new sausage system with an installed cost of $465,000. This cost will…
A: The net present value is the difference between the PV of all cash flows and the initial…
Q: Following is Information on two alternative Investment projects being considered by Tiger Company.…
A: Net Present Value (NPV) is a financial measure used to analyze the profitability of an investment by…
Q: Find the accumulated value of a 20 year annuity immediate with ¿(12) = .09 that makes monthly…
A: The objective of the question is to find the accumulated value of an annuity immediate that makes…
Q: 2. The quoted price of a bond with a coupon rate of 4.5%, payable semi-annually, maturing on March…
A: The objective of this question is to calculate the total price that must be paid for a bond, given…
Q: DFG common stock is expected to have extraordinary growth of 20% per year fo the growth rate will…
A:
Q: On December 31, 2024, a company issued 6% stated rate bonds with a face amount of $104 million. The…
A: Issue price of bond means the price at which the bond is issued. It can be issued at par, premium or…
Q: You have found the following stock quote for RJW Enterprises, financial pages of today's newspaper.…
A: Stock dividend = 1.85Dividend yield = 2.15%P/E ratio = 19Net change = 0.27Share outstanding =…
Q: Rust Industrial Systems is trying to decide between two different conveyor belt systems. System A…
A: Equivalent annual cost refers to the that is incurred annually for maintained, operating and owning…
Q: You are planning on buying a new vehicle in 5 years after you receive your PhD. You plan on…
A: You will buy the car after 5 years.The car costs = $35,600henceYou need $35,600 after 5 years.You…
Q: A 30-year maturity bond making annual coupon payments with a coupon rate of 11.00% has a wation of…
A: Here, Coupon Rate11%Duration13.5Time to Maturity30Yield To Maturity5.75%
Q: Hubrey Home Inc. is considering a new three-year expansion project that requires an initial fixed…
A: Operating Cash Flow:It represents the cash flow produced by the company from its regular business…
Q: cash discount. Its terms are 2/10 net 50. Because Taylor's doesn't have the funds to cover that…
A: The decision whether to take advantage of cash discounts offered by suppliers is a crucial aspect of…
Q: Alex considers using two robots instead of one worker per shift on an assembly line. The robots…
A: EAC is the cost can be referred as the amount that can be expected to be incurred on an annual basis…
Q: The situation where more reduction of risk could be achieved by spreading the investment across two…
A: A statistical measure that characterizes the degree to which two variables change together is called…
Q: Michelle Co. a US firm, plans to use a money market hedge to hedge its payment of $2,000,000…
A: The objective of this question is to calculate the amount of U.S dollars needed in 1 year if a money…
Q: Mr. Bean wants to borrow $9,400 for three years. The interest rate is 7.4% compounded monthly. a.…
A: Payments on loan refer to the scheduled amounts of money that a borrower must pay back to a lender…
Q: Problem 6-30 Credit Risk (LO4 a. Many years ago, Castles in the Sand Incorporated issued bonds at…
A: Face value = $1,000Coupon rate = 5.6%Years to maturity = 5 yearsYTM = 13%Investors will receive only…
Q: Mike wants to donate $5, 000, 000 to establish a fund to provide an annual scholarship in…
A: The objective of the question is to calculate the amount of the annual scholarship that can be…
Q: Assume you own a portfolio of diverse securities each of which is correctly priced. Given this, the…
A: The security market line is known for representing the relationship between expected return of a…
Q: Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of…
A: Selection criteria based on capital budgeting tools:NPV: As per NPV, the net benefits are computed…
Q: An 8% bond $100 has a current market value of $102.5. The bond covenant provides that 5 year from…
A: Cost of debt can be referred as the rate at which an investor may raise funds by issuing debt or…
Q: Olsen Engineering is considering including two pieces of equipment-a truck and an overhead pulley…
A: We calculate both the Modified Internal Rate of Return (MIRR) and the Net Present Value for each…
Q: You want to create a portfolio equally as risky as the market, and you have $1,000,000 to invest.…
A: Beta measures systematic risk. Portfolio beta is calculated, weight of each stock multiplied by the…
Q: Consider the following information on a portfolio of three stocks: State of Economy Probability of…
A: Here,State of EconomyProbablityReturn- Stock AReturn- Stock BReturn- Stock…
Q: Suppose Capital One is advertising a 60-month, 5.56% APR motorcycle loan. If you need to borrow…
A: The time value of money is a concept in finance that considers the idea that a sum of money has…
Q: You are planning your retirement in 10 years. You currently have $173,000 in a bond account and…
A: Retirement refers to the period in a person's life when they choose to stop working and typically…
Q: A couple would like to accumulate $20,000 in 3 years as a down payment on a house, by making…
A: Given : Amount = 20000Time = 3yearsRate of Interest = 12% with monthly compounding
Q: Assume a face value of $1,000.) If the bond has a yield to maturity of 9.7% 1 year from now, what…
A: Purchasing a bond entails making a loan to the issuer, which could be the government or a business.…
Q: Jay purchased a Treasury bond with a coupon rate of 4.49% and face value of $100. The maturity date…
A: Coupon rate = 4.49%Face value = $100Yield = 3.02%To find: Bond price received by Jay on 7th January.
Q: Suppose that the index model for stocks A and B is estimated from excess returns with the following…
A: The standard deviation of a portfolio is a statistical measure of the variability or volatility of…
Q: On December 31, 2023, Berclair Incorporated had 400 million shares of common stock and 14 million…
A: Answer:- Earnings per share:- EPS is the ratio between the net profit and outstanding shares of the…
Q: Miller Corporation has a premium bond making semiannual payments. The bond has a coupon rate of 9…
A: A bond is a fixed-income security that offers the investor a fixed set of periodic payments as the…
Q: Suppose a firm has 16.5 million shares of common stock outstanding and six candidates are up for…
A: In cumulative voting, shareholders are allowed to cast all their votes for a single candidate or…
Q: You have found the following stock quote for RJW Enterprises, Incorporated, in the financial pages…
A: Here,Dividend is $1.70Dividend Yield is 3.0%PE Ratio is 18Net Change in Price is -0.43
Q: HUD, Co, had a beginning retained earnings of $29,240. For the year, the company had net income of…
A: The objective of the question is to calculate the ending retained earnings balance for HUD, Co.…
Q: Calculate the NPV of the investment. Note: Do not round intermediate calculations. Round your answer…
A: The net present value aids in determining the viability of the venture. It looks at the projected…
Q: You have just started your summer internship, and your boss asks you to review a recent analysis…
A: NPV will be referred as the net benefits from the expected future cash inflows for the provided…
Q: 4. You bought a 10-year, 5% coupon bond for $1,000 and sold it 1 year later for $1,100. What is the…
A: The objective of this question is to calculate the rate of return on a bond investment and then to…
Q: We project unit sales for a new household-use laser-guided cockroach search and destroy system as…
A: The net present value refers to the capital budgeting metric which evaluates the current worth of…
Q: Penguin, Incorporated, has balance sheet equity of $5.8 million. At the same time, the income…
A: The sustainable growth rate (SGR) is a financial measure that represents the rate at which a company…
Q: Problem 24-12 (Algo) A global equity manager is assigned to select stocks from a universe of large…
A: Global equity manager measures the return on an investment in stock in comparison to a benchmark…
Q: You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a…
A: In simpler terms, portfolio beta measures how much a particular investment or portfolio moves in…
Q: Raiders Restaurant is considering the purchase of a $10,000,000 flat-top grill. The grill has an…
A: Operating cash flow is the cash flow generated from operations. Depreciation should be added back…
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution
- Sanaeil Center for Education, a nonprofit organization, learns that it has been named as the remainder beneficiary of an irrevocable charitable remainder trust. When the donor dies, the trust income will be distributed to the donor's spouse until their death, at which point the nonprofit is expected to receive the beneficial interest, with an estimated actuarial value of $500,000 as a permanent endowment. What journal entry would the nonprofit organization record at the time the irrevocable trust is created?Identifying the appropriate net asset classification For each of the following transactions, identify the net asset classification (without donor restrictions, with donor restrictions) that is affected in the nonprofit’s financial statements for the year ended December 31, 2019. Both net asset classifications may be affected in some transactions. If net assets are not affected by the transaction, select No entry as your answer. 1. Donor A gave the nonprofit a cash gift of $50,000 in June 2019, telling the nonprofit the gift could not be used until 2020. (Identify the affected net asset classification(s) in the journal entries made both in June 2019 and at the start of 2020.) June 2019 ______________________ Start of 2020 __________________ 2. Attorney Howard Gorman volunteered his services to Taconic Singers, a nonprofit. He spent 12 hours preparing contracts for the services of professional singers and 8 hours serving as an usher before performances. Gorman normally gets…Recording journal entries for nonprofits 6. Donor D advises a university that he has established an irrevocable charitable remainder trust, administered by his attorney, whereby his wife will receive income from the trust as long as she lives. At her death, the remaining trust assets will be distributed to the university as a permanent endowment. The university’s actuary estimates the fair value of the university’s beneficial interest to be $400,000 (answer question 6 - what should be the correct entry?)
- Answer all the both the questions 1 and 2 along with the subparts i,ii,iii Good Charity is a new not-for-profit organization that opened in January 2020. It is funded by government grants and private donations. It prepares its annual financial statements using the deferral method of accounting for contributions and uses only one fund to account for all activities. Required: Prepare all related journal entries for the following transactions for Good Charity for 2020: Jan 1: a donor contributes land for a future operations site. Land has a fair value of $32,000. Feb 1: A donor contributes $60,000 on the condition that the principal amount be invested in marketable securities and that only the income earned from the investment be spent on operations. Income of $2,000 was earned and received during 2020 on these investments. General donations of $85,000 were received during 2020. d) Feb 1: the government gave $80,000 to Good Charity to purchase equipment and furniture with a…Answer both i and ii. please answer asap Assume instead that Good Charity prepares its annual financial statements using the restricted fund method of accounting for contributions and has chosen to have a general, capital and endowment fund to account for its activities. Jan 1: a donor contributes land for a future operations site. Land has a fair value of $32,000. Feb 1: A donor contributes $60,000 on the condition that the principal amount be invested in marketable securities and that only the income earned from the investment be spent on operations. Income of $2,000 was earned and received during 2020 on these investments. General donations of $85,000 were received during 2020. d) Feb 1: the government gave $80,000 to Good Charity to purchase equipment and furniture with a useful life of 10 years. This was all used to purchase $100,000 of equipment and furniture on July 1, 2020 and the operation opened in a rented facility on July 2, 2020. e) Costs of $72,000 were incurred…In need help with preparing the following for journal entries, balance and statement sheets. I would like to know how close I'm to the right answers A donor made a $1,000,000 pledge, giving the foundation a legally enforceable 90-day note for the full amount. The same donor paid $500,000 of the amount pledged. The foundation purchased a building for $900,000, paying $90,000 in cash and giving a ten-year mortgage for the balance. The building has a 25-year useful life. The foundation charges a half-year’s depreciation for all assets in the year they are acquired. The foundation hired five employees. By year-end, these employees have earned $10,000 in salaries and wages for which they have not been paid. The foundation accounts for its activities in a single fund. Prepare journal entries to record the transactions, making the following alternative assumptions as to the fund’s measurement focus: Cash only Cash plus other current financial resources (cash plus short-term receivables…
- In July 2022, a donor promises to donate $100,000 in cash to an NFP organization if the local NFP can raise the same amount ($100,000) from other donors by December 2022. How much revenue (if any) should the NFP recognize in July 2022? (do not use $ signs, commas or decimals in your answer) In July 2022, a donor promises to donate $100,000 in cash to an NFP organization on December 1, 2022. How much revenue (if any) should the NFP recognize in July 2022? (do not use $ signs, commas or decimals in your answer)A voluntary health and welfare entity receives a gift of new furniture having a fair value of $2,100. The group then gives the furniture to needy families following a flood. How should the charity record receipt and distribution of this donation? Choose the correct.a. Make no entry.b. Record contributed support of $2,100 and community assistance expense of $2,100.c. Recognize revenue of $2,100.d. Recognize contributed support of $2,100 and community expenditures of $2,100.To send a mailing, a private not-for-profit charity spends $100,000. The mailing solicits donations and provides educational and other information about the charity. Which of the following is true? Choose the correct.a. No part of the $100,000 can be reported as a program service expense.b. Some part of the $100,000 must be reported as a program service expense.c. No authoritative guidance exists, so the organization can allocate the cost as it believes best.d. Under certain specified circumstances, the organization should allocate a portion of the $100,000 to program service expenses.
- PLEASE HELP WITH THE ACCOUNTS FOLLOWED BY THE RED "X" (SEE IMAGE) Prepare journal entries to record the following transactions. 1. Donor A gave the nonprofit a cash gift of $50,000 in June 2019, telling the nonprofit the gift could not be used until 2020. (Identify the affected net asset classification(s) in the journal entries made both in June 2019 and at the start of 2020.) 2. Attorney Howard Gorman volunteered his services to Taconic Singers, a nonprofit. He spent 12 hours preparing contracts for the services of professional singers and 8 hours serving as an usher before performances. Gorman normally gets $200 an hour for legal services, and Taconic normally pays $8 an hour when it hires ushers. 3. Donor B sent a letter to a nonprofit, saying she would donate $20,000 in cash to the nonprofit, to be used for any purpose the nonprofit’s trustees desired, provided the nonprofit raised an equal amount of cash from other donors. 4. Regarding the previous transaction, the nonprofit…To send a mailing, a private not-for-profit charity spends $100,000. The mailing solicits donations and provides educational and other information about the charity. Which of the following is true? No part of the $100,000 can be reported as a program service expense. Some part of the $100,000 must be reported as a program service expense. No authoritative guidance exists, so the organization can allocate the cost as it believes best. Under certain specified circumstances, the organization should allocate a portion of the $100,000 to program service expenses.Recording journal entries for nonprofits Prepare journal entries to record the following transactions. 1. Donor A gave the nonprofit a cash gift of $50,000 in June 2019, telling the nonprofit the gift could not be used until 2020. (Identify the affected net asset classification(s) in the journal entries made both in June 2019 and at the start of 2020.) 2. Attorney Howard Gorman volunteered his services to Taconic Singers, a nonprofit. He spent 12 hours preparing contracts for the services of professional singers and 8 hours serving as an usher before performances. Gorman normally gets $200 an hour for legal services, and Taconic normally pays $8 an hour when it hires ushers. 3. Donor B sent a letter to a nonprofit, saying she would donate $20,000 in cash to the nonprofit, to be used for any purpose the nonprofit's trustees desired, provided the nonprofit raised an equal amount of cash from other donors. 4. Regarding the previous transaction, the nonprofit raised $23,000 in cash from…