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Taya2010 [7]
3 years ago
15

Success for nonprofit and government organizations is measured primarily​ by: A. their effectiveness in providing benefits to co

nstituents. B. whether they can balance their budgets. C. whether they can raise money. D. their financial performance.
Business
1 answer:
Gnoma [55]3 years ago
4 0

Answer:

The correct answer is letter "A": their effectiveness in providing benefits to constituents.

Explanation:

Non-profit Government Organizations (NGOs) are institutions born to contribute to certain social matters. Empowering women, fighting against discrimination, taking actions against deforestation are some of the most common topics NGOs dealt with. However, they also need funds to finance their operations. Most of that money comes from donations.

<em>Even if NGOs file financial statements as of any other for-profit organization, they do not base their success in revenue. NGOs' success relies on the impact their programs have on the population they help and the effectiveness in providing them benefits.</em>

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he following information pertains to Lightning Inc., at the end of December: Credit Sales $ 20,000 Accounts Payable 10,000 Accou
agasfer [191]

Answer:

What is the appropriate amount of Bad Debt Expense?

Bad debt expense $ 1,178  

Allowance for Uncollectible Accounts  $ 1,178

Explanation:

The total amount of Allowance for Uncollectible Accounts is a credit of $0,400

  • Initial Balance  

Accounts Receivable $ 10,400  

Allowance for Uncollectible Accounts  $ 0,400

  • The aging method indicates that the total amount must be :

            Acc. Rec    Allow.  

7%    $ 7,000     $ 0,490 Not yet due

15%   $ 1,700     $ 0,255 1-30 days

49%  $ 1,700     $ 0,833 more than 30 days

        $ 10,400 $ 1,578  

  • It's necessary to entry the next journal entry to meet the amount indicated by the aging method.

Bad debt expense $ 1,178  

Allowance for Uncollectible Accounts  $ 1,178

7 0
2 years ago
Yes! Assuming Economia's aggregate supply curve is upward sloping, when the aggregate demand curve shifts rightward, this will:
katovenus [111]

When the aggregate demand curve shifts rightward, this will increase Economia's real output and the price level.

<h3>What happens when the aggregate demand shifts rightward?</h3>

The aggregate demand curve is a curve that shows the total quantity of all goods and services demanded by the economy at different price levels. The aggregate demand curve slopes downward.

When  aggregate demand curve shifts to the right, there would be an increase in the real output and the price levels.

To learn more about the demand curve, please check: brainly.com/question/25140811

7 0
1 year ago
9)What is the dominant strategy for bidders in an English oral auction?9)A)Bid until the previous bid price equals the reservati
Sophie [7]

Answer: B) Keep bidding until all other bidders quit, regardless of your reservation price.

Explanation: Familiar to English auctions, the bidders are aware of the prices of items on sale and the numbers of other bidders. This price is known as the reserve or reservation price which is the limit on the price of the item on sale set by the seller (that is the lowest price the seller is willing to sell the item). The bids start at a low price and keeps coming in until there are no more bids irregardless of the reservation price set. It probably depends on how much you value the item on sale and are willing to pay for it. Not necessarily on the reservation price.

3 0
2 years ago
On January 1, the first day of its fiscal year, Pretender Company issued $12,700,000 of five-year, 11% bonds to finance its oper
yarga [219]

Answer:

1) Debit Bank $11787069 Debit bond discount $912931 ; Credit Bond $12700000

2) Debit Interest expense $751293 ; Credit Bank $660,000 Credit Discount on Bond payable $91293

3 )Debit interest expense $ 751293 ; Credit bank 660000, Credit discount on bond payable $91293

b)Interest expense = $1502586

c)It is because a financial crisis might have happened prior to issuing the bond and the company still went ahead with issuing even though the rate has changed.

Explanation:

interest expense = 12000000 * 0.11 * 6/12=$660000

discount on bond payable = $912931 /5 = 182586 /2= 91293

Interest expense = $751293 * 2 = $1502586

7 0
2 years ago
The following account balances were extracted from the accounting records of Thomas Corporation at the end of the year:
Savatey [412]

Answer: $1,063,000

Explanation:

Net realizable value is the value of an asset that a company will get when the asset is sold minus the cost that came with the asset sales.

The net realizable value of the accounts receivable will be the accounts receivable of $1,100,000 minus the allowance for uncollectible accounts which was given as $37,000.

= $1,100,000 - $37,000

= $1,063,000

7 0
3 years ago
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