Reference no: EM13168936
Investment losses need not impair the principal of not-for-profits' endowment funds. In 2014, the Rubin Center for the Arts received a $2 million endowment, the income of which was to be used to support local artists. The center invested the proceeds in securities. In 2014, owing to interest, dividends, and changes in market prices, the value of the endowment increased by $120,000. Of this amount, the center spent $80,000 on programs that were consistent with the endowment's restrictions. In 2015, owing to a market downturn, the portfolio incurred net losses of $60,000.
In 2016, it had net gains of $70,000. In neither 2015 nor 2016 did the center use any endowment resources to support its programs. In the absence of donor specifications and applicable statutes, what would be the balances, at the end of 2014, 2015, and 2016, in the center's (1) permanently restricted endowment fund and (2) related temporarily restricted fundfi Also indicate any impact on unrestricted funds.
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Compute the mass of an electron
: The difference in the mass of 100 moles each of sodium atoms and sodium ions is 5>48002 g. Compute the mass of an electron.
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What is the new pressure
: A 3.5 L container is filled with gas at 1.00 atm. A piston then compresses the gas to 0.250 L. What is the new pressure?
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Prepare required journal entries to reflect the transactions
: Prepare all required journal entries to reflect the transactions described. Indicate the type of fund in which the entries should be made.
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Prepare a schedule for each of the three years
: Prepare a schedule for each of the three years (2014-2016) in which you summarize the transactions as they affect permanently restricted, temporarily restricted, and unrestricted net assets.
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Impact on unrestricted funds
: What would be the balances, at the end of 2014, 2015, and 2016, in the center's (1) permanently restricted endowment fund and (2) related temporarily restricted fundfi Also indicate any impact on unrestricted funds.
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How many grams of zn reacted
: If 355 mL of hydrogen gas is collected over water at 25C at a total pressure of 751 mmHg, how many grams of Zn reacted?
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What are the percentages of kbr and ki
: a sample contains both KBr and KI in the unknown quantities. If the sample has a total mass of 5.00g and contains 1.51g K, what are the percentages of KBr and KI in the sample by mass?
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What is the rate constant for the reaction
: If it takes 75.0 min for the concentration of a reactant to drop to 20% of its initial value in a first-order reaction, what is the rate constant for the reaction?
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Calculate the volume of the first flask
: A flask of unknown volume was filled with air to a pressure of 3.23 atm. This flask was then attached to an evacuated flask with a known volume of 8.00 L, and the air was allowed to expand into the flask.
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