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"The MacArthur Fellowship is a $625,000, no-strings-attached award to extraordinarily talented and creative individuals as an investment in their potential. There are three criteria for selection of Fellows: (1) Exceptional creativity; (2) Promise for important future advances based on a track record of significant accomplishments; and (3) Potential for the Fellowship to facilitate subsequent creative work. Each fellowship comes with a stipend of $625,000 to the recipient, paid out in equal quarterly installments over five years (therefore, $31,250 per quarter)."
One of the recipients in 2019 was "Mary Halvorson, a guitarist, ensemble leader, and composer who is pushing against established musical categories with a singular sound on her instrument and an aesthetic that evolves with each new album and configuration of bandmates. She melds her jazz roots with elements of experimental rock, folk, and other musical traditions, reflecting a wide range of stylistic influences."
Problem 1: Supposing that at the end of every quarter Mary is depositing the stipend she receives into an investment account that is paying an average annual return of 10% (similar to S&P 500 index). How much would Mary have at the end of the five years?
Anderson Pty Ltd is an Australian diversified. How would you account for the revaluation of the above assets? What would the relevant journal entries be?
Man of War Company adopted a stock-option plan on April 30, 2013, that provided that 500,000 shares of $10 par value stock be designated as available for the granting of options to officers of the corporation at a price of $26 a share. The market pri..
What amount should Oriolerecord on March 1, 2021 as paid-in capital from stock warrants? Oriole Company issued $2030000 of 8% nonconvertible bonds.
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finding bond coupon rate current rate and yield to maturity.1.nbspif the one million additional shares can only be
Prepare an income statement for the period July 1st 20x7 to 31st March 20x8. Prize money earned over the trading period amounted to £400,000.
Determine if Curtin should proceed or not. Describe the buildup of receivables in this case. The required return is 2.0 percent per month.
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In one year, a company had $30,000 Sales Revenue on credit. At the start of the year, the Accounts Receivable showed a $6,000 debit balance and the Allowance for Doubtful Accounts showed a $400 credit balance.
The lease agreement calls for annual payments in the amount of $250,000 on December 31. Prepare an amortization schedule for this lease
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