Southeastern college began the year with endowment investments of $1,290,000 and $780,000 of restricted cash designated by a donor for capital additions. during the year an additional $508,000 donation was received for capital additions. these funds, together with those contributed in the prior year, were used to purchase 150 acres of land adjacent to the university. an alum contributed $280,000 to the permanent endowment and pledged to provide an additional $500,000 early next year. the cash was immediately invested. by terms of the endowment agreement, interest and dividends received on the investments are restricted for scholarships. gains or losses from changes in the fair value of the investments, however, are not distributed but remain in the endowment. during the year, $58,000 of interest and dividends were received on endowment investments. at year-end, the fair value of the investments had increased by $7,700. required: prepare journal entries to record the above transactions assuming: a. southeastern college is a public university. b. southeastern college is a private university.

Goods and services that can be used for the same purpose are and goods and services that are used together are

Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) find the economic order quantity. b) find the annual holding costs. c) find the annual ordering costs. d) what is the reorder point?

5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.