Ahigh-tech firm pledged to contribute $1 million in the company’s common stock to a university’s business school if the school would establish a new program in the management of information technology. the securities were to be placed in an endowment fund, and the annual dividend earnings were to be used to purchase computer hardware and software.
prepare journal entries, as necessary, to record these events and transactions. be sure to indicate the type of fund (permanently restricted, temporarily restricted, or unrestricted) that would be affected by the entries.

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.