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Author Question: A college received a contribution to its endowment fund of $2 million. They can never touch the ... (Read 325 times)

luminitza

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Question 1

All of the following are part of a financial analysis EXCEPT
◦ examining the strengths and weaknesses of the firm.
◦ performing a means-end analysis.
◦ calculating the DuPont ratio.
◦ analyzing the competition.
◦ performing an industry analysis.

Question 2

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?
◦ $95,000
◦ $19,000
◦ $190,000
◦ $18,000
◦ $9,500


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Marked as best answer by luminitza on Apr 25, 2021

aloop

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luminitza

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


raili21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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