Manny Saxe College is a small, nonprofit college known for its excellence in teaching accounting. The college uses fund accounting and has an Unrestricted Current Fund (UCF), a Restricted Current Fund (RCF), a Plant Fund (PF), and an Endowment Fund (EF). It charges its expenses to Instruction and research, Student services, Plant operations, and Auxiliary enterprises. It had the following transactions and events during its calendar fiscal year. Prepare the journal entries necessary to record these transactions. Show which fund is used to record each transaction and identify the appropriate net asset classification.

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve