« previous next »

Author Question: A college received a contribution to its endowment fund of 2 million. They can never touch the ... (Read 94 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
on: Jul 10, 2018
A college received a contribution to its endowment fund of 2 million. They can never touch the principal, but they can use the earnings. At an assumed interest rate of 9.5 percent, how much can the college earn to help its operations each year?
 
  A) 95,000
  B) 19,000
  C) 190,000
  D) 18,000
  E) 9,500

Question 2

Discretionary financing needs will be higher if ________. Assume all else equal.
 
  A) sales decline B) excess capacity exists for fixed assets
  C) the dividend payout ratio is raised D) the firm's net profit margin increases


soda0602

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 10, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

pane00

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Jul 10, 2018
Thank you


soda0602

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jul 10, 2018
No problemo


« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Intradermal drug administration: (a) cross section of skin showing depth of needle insertion Source: Intradermal drug administration: (a) cross section of skin showing depth of needle insertion Source:
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Many physicians use cell phones to stay in touch with their offices. Many physicians use cell phones to stay in touch with their offices.
Who Goes to College? Comparing Social Class and Ability in Determining College Attendance Who Goes to College? Comparing Social Class and Ability in Determining College Attendance
Dagny Taggart is a graduating college senior and she is considering the costs of going to ... Dagny Taggart is a graduating college senior and she is considering the costs of going to ...
Earth 430 Million Years Ago Earth 430 Million Years Ago
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library