XYZ Limited produces school shoes and supplies to all central schools in Bhutan. It received a grant of Nu. 800,400 in 2018 from the UNICEF Thimphu
office. This grant will be used to meet the operating expenses of the company
for 2018-2020 when they produce school shoes to central schools. 30% of the
grant will be used in 2018. The company estimates a total operating cost of Nu.
1.8 million over 2018-2020.
Required:
i. Identify the type of grant received by XYZ limited.
ii. Explain how the grant received will be accounted in the books of XYZ
limited. Write entries as well.
rembreus​

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.