You are the financial manager of a midsize nonprofit that has just received an endowment of a substantial amount from a longtime supporter. The board members are excited because years of effort have gone into seeking this endowment, and they are expecting that the endowment will mean increased financial stability for the nonprofit in the future. The board members have been distressed by money shortages in recent years caused by donor fatigue and the economic downturn. They do not, however, know how an endowment should be managed. A couple of members have knowledge of accounting and auditing, but no one on the board is an investment expert, and the nonprofit has no experience in endowment investment, given that this is the first endowment the nonprofit has received. You, as the financial manager of the nonprofit, have been asked to take on the responsibility of establishing and managing the endowment (a situation not uncommon in small and midsize nonprofits). You are very happy with the infusion of capital as an endowment, but you take on the role of managing the endowment with some trepidation, knowing how unprepared the nonprofit is for this new financial management task. You want to perform well with the endowment for the mission of the nonprofit, but you do not want to take the blame if the endowment does not achieve excellence, despite your best efforts, because of uncontrollable events such as swings in the market and economic fluctuations. What should you take into consideration and what steps should you undertake if you intend to take on responsibility for the endowment in addition to your other duties?

Complete The Financial Manager Takes Steps to Manage a New Endowment Case Study in a Word document.

1. The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.50 each. Complete the following table by indicating whether each of the statements is an example of a price celling or a price floor and whether it is binding or nonbinding. Statement Price Control Binding or Not Due to new regulations, donut shops that would like to pay better wages in order to hire more workers are prohibited from doing so. The government prohibits donut shops from selling donuts for more than $1.80 each. The government has instituted a legal minimum price of $1.80 each for donuts.Pricing Strategy Competition is serious business and sometimes fierce. The stakes are high. Unless the rm has a monopoly, pricing is one area that may be intensely competitive, and not all competition is fair or legal. When considering pricing strategy, the international business manager must be aware of the strategies of otherflrrns when setting the firm's own strategy. Pricing is an important part of the marketing mix. Firms must look at charging different prices in different markets, pricing as a competitive weapon, and the regulatory factors including government control and antidumping regulations. As managers set prices under the strategy, they must be aware of many different dynamics. All will affect the design and implementation of pricing strategy. Roll over the items on the left for a description and then drag each item to the appropriate column. Is it a consideration of price discrimination, strategic pricing, or regulatory inuence? _l__l 7. (12 points) Consider a birth and death process with birth rate i + 1 and death rate i when there are i individuals. (a) Starting at state 2, find the expected time until the process first leaves state 2. (b) Find the expected time to go from state 2 to state 4.7. (12 points) Consider a birth and death process with birth rate i + 1 and death rate i when there are i individuals. (a) Starting at state 2, find the expected time until the process first leaves state 2. (b) Find the expected time to go from state 2 to state 4.Q13 (1 mark). For liner system Ax=b, the following expression is WRONG. (a) If Ais strictly diagonally dominant, then Jacobi method converged. (b) If Ais strictly diagonally dominant, then Gauss-Seidel method converged. (c) If Jacobi method converged, then Gauss-Seidel method converged. (d) If Jacobi method converged, then Gauss-Seidel method may not converged.QUESTION 1 Anthony Scaramucci, the Owner of White House Pressers adheres to the "principle of rights" theory. Under this theory, a key factor in determining whether a business decision is ethical is how that decision O a. compares to religious principles. O b. affects the rights of others. O c. causes consequences that would follow if everyone in society acted the same way. O d. supports the right to make a profit. QUESTION 2 Congress creates a new law, the Environmental Protection Agency (an administrative agency) issues rules, the amalgamated bankers association (a private organization) issues instructions, Bank of America posts a memo with orders for its employees, and Mila Kunis shares current events with her colleagues. Sources of law include O a. the stories released by news agencies. b. the orders posted by employers. O c. the instructions issued by private associations. O d. the rules issued by federal administrative agencies. QUESTION 3 Gregory Lee Johnson sets fire to an American flag in the back of his home, on his back porch. He filmed himself while doing so and uploaded the video to You Tube. Gregory's actions are O a, subject to reasonable restrictions under the due process clause. Ob protected by the First Amendment. O c. given strict scrutiny under the equal protection clause. O d. expressly prohibited by the Constitution. Click Save and Submit to save and submit. Click Save All Answers to save off answers