1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sveta_85 [38]
3 years ago
10

Organizations that are formed to offer services to clients and not make a profit are ____, whereas, ________ are those organizat

ions that are formed to make money, or profits, by offering products or services. Multiple Choice
A) nonprofit organizations; associations
B) nonprofit organizations; for-profit organizations
C) co-ops; for-profit organizations
D) for-profit organizations; nonprofit organizations
E) unions; associations
Business
1 answer:
lawyer [7]3 years ago
4 0

Answer:

Option (B) is the correct one -

Organizations that are formed to offer services to clients and not make a profit are "NON- PROFIT ORGANIZATIONS", whereas, "FOR-PROFIT ORGANIZATIONS" are those organizations that are formed to make money, or profits, by offering products or services.

Explain-

Mainly, The Nonprofit organizations are that support system of the society which tries to maintain the availability of resources to all the level of the pupil living in it. It tries to bring financial uniformity and stability to the economy.

For example- Free health camps, Shelter homes, etc.

On the other hand;

For-Profit Organizations focused on the growth and development of the firm only. Its vision is considered around the walls of the firm to bring money generated and a good market share in society.

For example- the process of buying and selling, advertisement, brand endorsement, etc.

You might be interested in
Late in the current year, Jolsen Company signed a four-year contract with an advertising agency. Under the contract, Jolsen must
Kamila [148]

Answer:

Tax law uncertainty.

Explanation:

The “Tax law uncertainty” is the correct answer because it can be seen in the question that Congress has disallowed the deductions for advertisement in the future tax years. Since the decisions that the government takes are confidential and only a few people are aware of the decisions before its formal announcement. So the same case is here, Jolsen had a contract of $375000 annually and it will estimate that after obtaining the tax deduction, the advertisement cost will be lower. But the changes in the tax laws result in underestimated after-tax cost by Jolsen.

6 0
2 years ago
Ellen is a manager who helps develop sales promotions, targets customers for upselling, and searches for potential new customers
Vinvika [58]

Answer:

Letter B is correct. <u><em>Sales budget.</em></u>

Explanation:

The sales budget is characterized by a company's sales expectations for a given budget period.

Organizations typically present the sales budget in monthly or quarterly format, with relevant information coming from a variety of sources. The calculation is made according to the number of units sold in the first line, the expected average price in the second line and the total sales in the third line. It is important to remember that when there are marketing promotions there may be a unit price adjustment that must be specified in the sales budget.

So a well-crafted sales budget ensures the quality of offering the right price on the right product and quantity at the right time and place. For this is one of the essential steps for control and success of an organization, as it relates to the marketability of purchasing consumer goods and services.

4 0
3 years ago
ritical analysis Q10 Suppose that unexpectedly rapid growth in real income abroad leads to a sharp increase in the demand for Am
mash [69]

Answer:

Output and employment will increase exerting modest upward pressure on the price level.      

Explanation

In simple words, the increased demands for the good would work as an incentive for the producer to produce more and they can also lower their cost of production by producing in mass which will further lead to economies of scale.

More production means more requirement of workers which will eventually lead to more employment opportunities in the country. However, this increase   would lead to modest increase in prices due to more purchaser power in the country.

4 0
3 years ago
The owner of a bicycle repair shop forecasts revenues of $240,000 a year. Variable costs will be $70,000, and rental costs for t
Sergeu [11.5K]

Answer:

1. Adjusted Accounting Profits

- This method gives cashflow by adjusting revenue for expenses.

Earnings before tax

= Revenue - variable cost - rent cost - depreciation

= 240,000 - 70,000 - 50,000 - 30,000

= $90,000

Earnings After tax

= 90,000 ( 1 - tax rate)

= 90,000 ( 1 - 30%)

= $63,000

Add back depreciation as it is a non-cash expense

Operating cashflow = 63,000 + 30,000

= $93,000

2. Cash inflow/cash outflow analysis

Cash outflow is removed from inflow.

= Cash inflow - outflow

= 240,000 - variable cost - rent cost - tax

= 240,000 - 70,000 - 50,000 - 27,000

= $93,000

Tax = Earnings before tax * 30%

= 90,000 * 30%

= $27,000

3. The depreciation tax shield approach.

The tax shield that depreciation affords is added to the earnings after tax.

= Revenue - variable cost - rent cost

= 240,000 - 70,000 - 50,000

= $120,000

After tax = 120,000 * ( 1 - 30%)

= $84,000

Depreciation tax shield = depreciation * tax

= 30,000 * 30%

= $9,000

Cashflow = 84,000 + 9,000

= $93,000

4. Are the above answers equal?

Yes they are. All give an operating cash-flow of $93,000.

4 0
3 years ago
Under absorption costing a company had the following per unit costs when 10,000 units were produced. Direct labor $ 2 Direct mat
Rudiy27

Answer: Total product cost per unit if 12,500 units = $13.

Explanation:

Given that,

Direct labor = $2

Direct material = $3

Variable overhead = $4

Total variable cost = $9

Fixed overhead ($50,000/10,000 units) = $5

Total product cost per unit = $14

Fixed Overhead at 12500 units = \frac{50000}{12500} = $4

∴  Total product cost per unit if 12,500 units = Total variable cost per unit + Fixed Overhead at 12500 units

= 9 + 4

= $13

6 0
3 years ago
Other questions:
  • Executives often use trade journals and industry publications as sources of information for innovation, trends, and news about c
    7·1 answer
  • Business transactions completed hannah venedict during september are follows. using transactions, record journal entries, create
    13·1 answer
  • Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.50 per pound $ 7.50 Direct labor 5 hours at $7.50
    12·1 answer
  • Because of the high volume of bicycles as a common form of transportation in Beijing and Shanghai, Charles wants to sell his bic
    9·1 answer
  • Calculate the future value of $1,000 in a. Four years at an interest rate of 7% per year. b. Eight years at an interest rate of
    15·1 answer
  • Plz help me match Matilda and Greg together​
    11·1 answer
  • Exporting countries primarily agree to voluntary export restraints (VERs) to A) minimize exposure in the importing country. B) r
    13·1 answer
  • Justify the potential impact of AfCFTA on small business in South Africa​
    8·1 answer
  • Sales returns and allowances are reported on the ______.
    6·1 answer
  • Most people lose their jobs not because they could not do the work, but because they failed to get along and fit in with others
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!