At the beginning of the year, the hospital received a bequest in the form of equity securities. mosby is required to hold the securities in perpetuity, but it can spend the income. the original cost of the securities to the donor was $3.6 million, but their fair value had increased to $4.4 million on mosby’s receipt. during the year, the fair value of the securities fluctuated, with an average fair value of $4.0 million. when the hospital prepared its financial statements at year-end, the fair value of the securities was $4.1 million. at what amount should the hospital report the securities in its financial statements?

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.

Which plan offers a tax-free education?