User Account

All Pages

What is the minimum amount of interest

Assignment Help Accounting Basics
Reference no: EM133061604

Question - Listen Camosun College has just received a donation of $140,000. The donor has stipulated that the funds should be used to fund an ongoing annual bursary of $4,750 with the first payment given out in one year. What is the minimum amount of interest (j,) that the funds must earn in order to make the bursary work?

Reference no: EM133061604

Questions Cloud

Compute redwin return from this transaction : Question - Redwin Cream, an American decided to invest $2,000,000 for six months. Compute Redwin return from this transaction
Advantages of investing in an rrsp : 1) Who should invest in an RRSP (Advantages of investing in an RRSP)? 2) Who should invest in a TFSA (Advantages of investing in a TFSA)?
History of blocking certain americans from voting : The United States has a long history of blocking certain Americans from voting. How has voter suppression affected the current presidential election?
What is the value of firm : What is the value of each firm? Discuss why the values are same or different.
What is the minimum amount of interest : Question - Listen Camosun College has just received a donation of $140,000. What is the minimum amount of interest
Profit diagram of an existing option position : a. Add a short position of zero-coupon bond will shift down the profit diagram of an existing option position.
What is its operating cash flow : ABC Inc. operates an all cash business. It has annual sales of $1,267,000; cash operating expenses of $596,000; What is its operating cash flow
Information technology and legitimate privacy interests : How does the nation resolve the tension between information technology and legitimate privacy interests?
Calculate the cost of capital for the utx corporation : You have been asked to estimate the cost of capital for the UTX corporation. The company has 7 million shares and 150,000 bonds outstanding at par value $10,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare retained earnings statement for year ended december

Marcie Davies owns and operates Gemini Advertising Services. Prepare a retained earnings statement for the year ended December 31, 2015

  Prepare Lost Ark journal entries

Prepare Lost Ark's 2016 and 2017 journal entries, assuming the implicit rate of the lease is 6% and this is known to Indiana Jones

  Autocar company manufactures automobiles the red car

autocar company manufactures automobiles. the red car division sells its red cars for 25000 each to the general public.

  How would the break even point of a tattoo studio change

How would the break even point of a tattoo studio change if the studio were to replace some artists with a tattoo robot? Why

  Bad debt expense balance on the income statement

The current credit balance in allowance for uncollectible accounts is $200. Management estimates that 2.5% of net credit sales of $115,000 will be uncollectible. Based on the foregoing data, what is the bad debt expense balance on the income state..

  What is the estimated cost of goods sold and gross margin

morganton company makes one product and it provided the following information to help prepare the master budget for its

  Compute shins minimum amortization of the actuarial loss

Shin Corporation had a projected benefit obligation of $3,100,000 and plan assets of $3,300,000 at January 1, 2010. Shin also had a net actuarial loss of $465,000 in accumulated OCI at January 1, 2010.

  For current year creative designs inc a c corporation

for the current year creative designs inc. a c corporation reports taxable income of 300000 before paying salary to ben

  Rita a single employee with agi of 80000 before

rita a single employee with agi of 80000 before consideration of the items below incurred the following expenses during

  There are four methods of data collection used in the study

There are four methods of data collection used in the study of the current system: observation, documentation review, interviews, and questionnaires. Compare and contrast these four methods.

  Describe six types of complex business documents

Describe the types of formatting features you may use when creating business documents. Describe six types of complex business documents

  Describe steps involved in the investment decision process

Describe the steps involved in the investment decision process. Be sure to mention how returns and risks can be evaluated together to determine acceptable.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd