The general fund of karsten city received a $30,000 unrestricted grant from the state on june 12, year 1. the cash was received by the general fund on june 12 and was used to pay for capital expenditures that were incurred on june 29. accounts payable related to the capital expenditures were paid in july year 1. karsten city’s fiscal year ends on june 30. answer the question below based upon the guidance provided in gasb 33, accounting and financial reporting for nonexchange transactions. the grant from the state is an example of what type of nonexchange transaction?

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce million pairs per week, and the country that produces corn will produce million bushels per week.

Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. assume you purchase a bond that costs $25. a. what is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $25 in 2017 at the then current interest rate of .27 percent year, how much would the bond be worth in 2027? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2037. what annual rate of return will you earn over the last 10 years? (do not