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cluponka [151]
3 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]3 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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AB When considering two mutually exclusive projects, the firm should always select the project whose internal rate of return is
Mnenie [13.5K]

Answer:

False

Explanation:

If an investment project can be repeated, i.e. its life cycle can be extended by reinvesting, the NPV of the project will change.

When considering two mutually exclusive projects, the NPV method should always be considered before the IRR as a means of evaluating which project should be carried out.

3 0
3 years ago
Read 2 more answers
Discount Mart Corporation contracts with companies in developing nations to produce goods, because the wage rates in those natio
Mariulka [41]

Answer:

not acting unethically

Explanation:

Ethical conduct appears to have been good for the company and includes showing some respect for key moral values including sincerity, impartiality, equal rights, integrity, uniqueness and personal rights.      

Both in personal relationships or professional relationships ethical practices can be established. The definition can be extended as entities also to corporations. This assesses the moral consequences of measures taken for each of the above listed circumstances.      

4 0
4 years ago
Wild company purchased an asset. Wild used the Modified Accelerated Cost Recovery System (MACRS) to depreciate the asset for tax
Lady_Fox [76]

Answer:

The correct answer is A.

All other things being equal, in the early years of the asset's life, the amount of income shown <u>on the tax return will be higher than  the amount of income shown on the income state.</u>

Here's why    

       

Explanation:

In the United States, the Modified Accelerated Cost Recovery System (MACRS) is a depreciation system used for tax purposes.

It allows the capitalized cost of an asset to be recovered over a specified period via annual deductions. The MACRS system puts fixed assets into classes that have set depreciation periods.

This depreciation system allows an asset to be depreciated faster in the first years of an asset's life and slows depreciation later on. This is beneficial to businesses from a tax perspective.

This is logical, the less the value of an assets, the less the property tax applicable to it and so the company increases it's bottom line in tax savings whiles maximizing the useful life of the asset.

Cheers!

4 0
3 years ago
__________________ occurs when we are likely to buy even more of a product​ (versus less) after an initial impulse purchase.
VLD [36.1K]

Purchase momentum.

Initial impulses to buy lead to higher likelihoods of purchasing more.

3 0
3 years ago
4. Now that you have calculated the number of workers needed each period in Problem 3, Tameka wants to see how the plan would ac
Orlov [11]

Answer:

47

Explanation:

i know it

8 0
3 years ago
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