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cluponka [151]
2 years ago
9

Green Haven is an organization whose earnings are exempt from federal and state income taxes. Individuals who contribute money t

o the organization can avail the benefit of tax deduction. However, the organization is barred from distributing dividends to its members. Given this information, Green Haven is most likely a(n) ________ organization.
Business
1 answer:
olga55 [171]2 years ago
8 0

Answer:

The answer is: Not for Profit Corporation

Explanation:

Not for profit corporations are a type of Non Profit Organizations (NPO) and are included under Section 501(c)(3) of the Internal Revenue Code. They include charities, religious organizations, other organizations with educational, literary or scientific purposes, that were not created in order to generate profit for its shareholders.

A NPO can make money with its activities (e.g. have a charity ball). They can also do business and make a profit. What they can't do, is distribute that profit with its shareholders.

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A consistent flow pattern is desired in an economy and in business Organisation as it helps to give Economic watchers enough confidence in the ratios already existing.

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3 years ago
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Answer:

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This is exemplified in the given scenario where XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance between themselves and subordinates, and promotions are awarded based on technical expertise.

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2 years ago
In 2016, a grandfather gave a life estate to his grandson and a remainder interest to his granddaughter. Each interest is valued
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Suppose a country without any international trade opens its borders to international trade. after specialization how will its lo
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3 years ago
Kurtz Fencing Inc. uses a job order cost system. The following data summarize the operations related to production for March, th
dimulka [17.4K]

Answer:

The solution is shown in the file attached below

Explanation:

Download docx
8 0
3 years ago
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