A firm wishes to endow an advanced manufacturing processes lab in the new SQH building. The endowment will earn interest that averages 8% per year. Cash requirement of the lab are estimated to be $30,000 per year over an infinitely long future, and $20,000 at the end of every 4th year (forever) for equipment replacement. Using the capitalized cost method, how much should be in the endowment to cover the costs

As he explores his options, sergio notices that some opportunities appear to be riskier than others. when considering various opportunities, sergio should keep in mind that:

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply