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3 years ago

Do non-profit businesses make a profit ?

Business

2 answers:

Yanka [14]3 years ago

4 0

Answer:Yes

Explanation:

rewona [7]3 years ago

4 0

Answer:

Yes

Explanation:

Tax- exempt nonprofits often make money as a result of their activities and use it to cover expenses. In fact, this income can be essential to an organization's survival. As long as a nonprofits activities are associated with the nonprofits purpose, any profit made form them isn't taxable.

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Suppose the observed annual quantity of steel exchanged in the European market is 30 million metric tons, and the observed marke

VARVARA [1.3K]

Answer:

-0.10

Explanation:

To calculate this, we us the formula for calculating elasticity of demand (E) relevant for the demand equation as follow:

E = (P / Q) * (dQ / dP) .............................. (1)

Where,

Q = 30

P = 90

E = -0.3

dQ / dP = b = ?

We then substitute all the value into equation (1) and have:

-0.3 = (90 / 30) * b

-0.3 = 3 * b

b = -0.3 /3

b = -0.10

Therefore, appropriate value for the price coefficient (b) in a linear demand function Q is -0.10.

NB:

Although this not part of the question, but note that how the linear demand function will look can be obtained by first solving for the constant term (a) as follows:

Q = a - 0.10P

Substituting for Q and P, we can solve for a as follows:

30 = a – (0.1 * 90)

30 = a – 9

a = 30 + 9 = 39

Therefore, the linear demand equation can be stated as follows:

Q = 39 – 0.1P

5 0

4 years ago

A used car costs $5000 you drive it for 4 years. You drive 10,000 miles per year. Your car insurance is $1,200 per year. You spe

BlackZzzverrR [31]

Answer:

$0.445 per mile

Explanation:

Calculation for what the average cost per mile

will be over the 4 years

First step is to calculate the Insurance cost

Insurance cost = $1,200 x 4

Insurance cost = $4,800

Second Step is to calculate the Maintenance cost

Maintenance cost = $400 x 4

Maintenance cost = $1,600

Third Step is to calculate the Total mileage

Total mileage = 10,000 miles per year x 4 years Total mileage= 40,000 miles

Fourth step is to calculate the Gas cost

Gas cost =( 1 gallon/25 miles per gallon x 40,000 miles)x $4 per gallon

Gas cost = 1,600 gallons x $4 per gallon

Gas cost=$6,400

Last step is to calculate the average cost using this formula

Average cost =Initial cost+Insurance cost+Maintenance cost +Gas cost/Total mileage

Let plug in the formula

Average cost = $5,000 + $4,800 + $1,600 + $6,400/40,000 mile

Average cost= $17,800 / 40,000 miles

Average cost = $0.445 per mile

Therefore what the average cost per mile

will be over the 4 years will be $0.445 per mile

8 0

3 years ago

Sonya just turned 21 years old and will begin her junior year of college in the fall. Money that she is saving for which of thes

Alik [6]

Groceries and Utilities

4 0

3 years ago

Read 2 more answers

Suppose that the risk-free interest rate is 10% per annum with continuous compounding and that the dividend yield on a stock ind

Tasya [4]

Answer:

See Below

Explanation:

We can use the future price formula here, which is:

$F=Pe^{(r_f-d_y)*\frac{n}{12}}$

Where

F is the theoretical future price

P is the present index standing

r_f is the risk free rate

d_y is the dividend yield

n is the number of months of the futures deliverable

Now,

given

P = 395

r_f = 0.1

d_y = 0.03

n = 3

Substituting, we get:

$F=Pe^{(r_f-d_y)*\frac{n}{12}}\\F=(395)e^{(0.1-0.03)*\frac{3}{12}}\\F=(395)e^{0.0175}\\F=401.97$

Actual future price is 404. The index future price is higher. So the strategy would be to sell the futures contracts. Long the shares underlying the index.

4 0

3 years ago

Why is it important to look your best and to look professional during an interview?

makvit [3.9K]

Answer[:]

You don't want to meet them for the first time, and give off the impression you don't care about your job, and you don't want to be here. The way you dress and the way you look is the first thing people judge you bye. You want to look professional and like you care, and getting this job matters.

[:] DustinBR [:]

5 0

4 years ago

Read 2 more answers