For nonprofit organizations, strategy is long-term thinking related to

1 answer:

6 0

The strategy for non-profit organizations for long term thinking I believe would be related to how they can foster social entrepeneurship to enhance their ability to serve the public in terms of research (such as of mining companies practices in foreign countries like with Mining Watch say) and in terms of how they spend their money to improve the social conditions for those they serve like say people with mental and developmental disabilities.

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If a drop in the price of taxicab fares shifts the demand curve of private limousine rentals leftward, what does this signify

OlgaM077 [116]

These two services are substitutes. The demand for one good has an effect on the demand for another good. In this case, the lowered price of the taxi fares will lead to a lowered price for the use of the limo rentals, all else held constant.

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4 years ago

You’re thinking of buying one of two firms. One has a profit margin of $4 per unit; the other has a profit margin of $10 per uni

steposvetlana [31]

There is not enough information to determine which firm to buy.

Answer: Option C

Explanation:

In the question above, only the profit margin of both the firms are given, but only on these basis, it cannot be decided which firm to be bought. A lot of other things are to be kept in mind while taking into consideration the decision of buying a fir.

Even if both the firms are working in the equilibrium condition which is the condition of MR = MC, then also it can not be decided, which one firm to buy.

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3 years ago

The direct labor budget begins with the required production in units from the production budget.

miv72 [106K]

I believe the Answer is false

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3 years ago

Carlos opens a dry cleaning store during the year. He invests $30,000 of his own money and borrows $60,000 from a local bank. He

saw5 [17]

Answer:

How much of the loss can Carlos deduct if the loan from the bank is non-recourse? No deduction because he is not personally liable for debt or loan used in the trade that holds real property.

How much does Carlos have at risk at the end of the first year? $30000

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3 years ago

Abbott Company uses the allowance method of accounting for uncollectible accounts. Abbott estimates that 3% of credit sales will

defon

Answer:

$2,540

Options are inconsistent with given question

Explanation:

Allowance for uncollectible accounts is a contra asset account and it has credit nature. It needs to be debited to decrease the balance and credited to increase the balance. Balance of this account is adjusted in the account receivable to report the net receivable balance in the balance sheet.

As per given data

Beginning allowance for uncollectible accounts balance = $3,700

Write off is the adjustment mad in this account and it needs to be debited in this account, this transaction will reduce the balance.

Adjusted Balance = $3,700 - 2,700 = $1,000

Credit sales = $118,000

Estimated allowance for uncollectible accounts balance = $118,000 x 3% = $3,540

As allowance for uncollectible accounts has already have balance of $1,000, Bad debt expense for the year is $2,540 ($3,540 - $1,000).

4 0

3 years ago