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sattari [20]
3 years ago
6

True or false? the internal revenue code forbids nonprofit hospitals to make a profit.

Business
1 answer:
andrew11 [14]3 years ago
7 0
That is FALSE

hope i helped
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Which way of preparing for a test does not use the Growth Mindset?
Artyom0805 [142]

Answer: I know that I'm not great at tests, so I'm not going to worry about studying a lot.

Explanation:

The Growth Mindset is a principle that describes the mindset of believing that one can get better. It is the belief that your basic skills can be horned to be better by constantly working towards it.

The person in Option B who said that they won't study because they know they are not very good at tests does NOT have the growth mindset because they are not interested in improving themselves at all. They have made up their mind that they are not very good at something and so will just leave it as it is. This is called a FIXED MINDSET.

7 0
3 years ago
Raymond owns an Accidental Death and Dismemberment Policy with a principal sum of $50,000, and a capital sum of $25,000. After o
schepotkina [342]

Answer:

He will get nothing from the Accidental Policy.

Explanation:

  • Raymond owns an Accidental policy but he Dies from Coronary artery disease. according to insurance companies policy, he will get nothing when he is dead by any means other than by accident.
  • Insurance companies have their own regulations and policy.
  • The insurance company is liable to pay for the incident for which the insurance is taken.

6 0
3 years ago
Argyle Designs has entered into a contract to design 10 new dresses for a customer. It will collect a total of $49,000 after the
mote1985 [20]

Answer:

False

Explanation:

The reason is that accrual concept says that the income must only be realized when the revenue are earned which means that the company has delivered her consideration (The part of the service that is delivered to the customer which has monetary value). So the income earned is equal to the monetary value of the two suits they had designed till June 30. So the double entry would be:

Dr Revenue accrued 49000/10suits  *2 suits = $9800

Cr                       Trade Receivables                                 $9800

So saying that the service revenue of $12,250 must be accrued is totally false statement.

6 0
3 years ago
On January 1, Puckett Company paid $1.6 million for 50,000 shares of Harrison's voting common stock, which represents a 40 perce
Studentka2010 [4]

Answer:  the correct answer is $1,724,000

Explanation: $560,000 x 0.40= 224,000  (net income times percentage of Harrison's voting common stock)

$2/ share x 50,000= (100,000)  (the company paid 2$ dollars per share and there are 50000 shares)

1.6 million + 224,000 - 100,000= $1,724,000

6 0
3 years ago
Which strategies is suggested to help build strong interpersonal business relationships?
Sonja [21]

Answer and Explanation:

Gain trust: Business relationship is sealed with trust. If you are able to make a business partner trust you, you are sure to keep doing business with them. Do not try to take advantage of them and be sure they ate not thinking in that direction.

Show interest in people: keeping up with people and always showing that you actually care, and want to assist in any way you can is a sure way to seal a client for life. Be family.

Work hard: you can not build business relationships if you are not a person that delivers. It doesn't matter if you are a nice person that always cares, if you cannot bring results and be trusted to deliver you cannot have any useful business relationship. This is the most important strategy.

Networking: networking is a popular form of building business relationships. Formal occasions, conferences, informal hangout spots, the gym are all places where you can meet new people and start a business relationship.

6 0
3 years ago
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