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At the beginning of the year, the hospital received a bequest in the form of equity

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?
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brandon2222269
brandon2222269
4,8(81 marks)

FALSE

Explanation:

In marketing mix, we have four Ps:

Product

Price

Place

Promotion

When the publisher of the well-known Babar books wanted to celebrate the 80th anniversary of the series, it initiated a $100,000 campaign. This initiative represented the promotion component in the four Ps. In promotion, we try to promote our brand by doing advertisements and promotions. We basically use the communication mix in order to promote our products and services.

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