Dogs-are-Us, an animal shelter for dogs, contacted a donor, Marie Pedigree, who today promised to donate $10,000 to be used to pay for a dog trainer; she, however prefers to pay in $2,000 installments over the next five years. The first installment will be received at the end of year 1. After applying a discounting factor, the net realizable value of the full donation is $8,750. The journal entry for the pledge would include a: A. Credit to Contributions—without donor restrictions, $8,750. B. Credit to Discount on Contributions Receivable, $1,250. C. Debit to Cash, $10,000. D. Debit to Contributions Receivable, $8,750.

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(5 0,100)