Business, 18.05.2021 15:40 zacharoo10
Question 1:
This business was founded to provide temporary housing for some of those homeless kids. The money collected by the people who run it supports the program.
Not-for-profit
For-profit
Question 2:
This business was founded to sell textbooks to schools. The books are free to the students. When the company takes in more money than it has spent, that extra money is paid out to the people who own the company.
Not-for-profit
For-profit
Question 3:
This business is owned by doctors who provide free physical exams to people who cannot afford insurance. The business collects money from the government for each physical they provide. If they collect more money than they need to pay the bills and expenses, the excess cash goes to the doctors.
Not-for-profit
For-profit
Question 4:
This organization collects leftover food from restaurants and volunteers deliver the food to people who need it. This company receives money from the state to provide this service. If there is leftover money after paying all expenses, that money is used to improve the way food is delivered and on other things that help the business accomplish its goals.
Not-for-profit
For-profit
HELPP
Answers: 1
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
Business, 22.06.2019 14:00
Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
Answers: 1
Business, 22.06.2019 16:00
What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.
Answers: 1
Question 1:
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