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jordantotten96
27.05.2021 •
Business
A private not-for-profit entity receives three large cash donations: One gift of $75,000 is restricted by the donor so that it cannot be spent for four years. One gift of $95,000 is restricted to pay the salaries of the entity's workers. One gift of $125,000 must be held forever with the income to be used to provide food for needy families. In the current year, income of $15,000 was earned but not spent. What is the increase in the current year in net assets with donor restrictions
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Ответ:
$310,000
Explanation:
Calculation to determine the increase in the current year in net assets with donor restrictions
Using this formula
Net assets current year Increase=Restricted gift by donor+Restricted gift to pay salary+Restricted gift withheld+Unspent income earned
Let plug in the formula
Net assets current year Increase=$75,000+$95,000+$125,000+$15,000
Net assets current year Increase=$310,000
Therefore the increase in the current year in net assets with donor restrictions will be $310,000
Ответ:
E. above; surplus; downward
Explanation:
The options to this question wasn't provided. The full question can be found here : https://www.chegg.com/homework-help/questions-and-answers/price-equilibrium-price-would-expect-causing-market-put-pressure-price-went-back-equilibri-q29621799
When price is above equilibrium price, the quantity supplied exceeds quantity demanded. This leads to a surplus. This places a downward pressure on price. Price falls until equilibrium price is restored.
When price is below equilibrium price, the price of goods become cheaper. The quantity demanded increases while the quantity supplied falls. This leads to a shortage and places an upward pressure on price. Price rise until equilibrium price is reached .
I hope my answer helps you.