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Ksju [112]
4 years ago
10

what circumstances could impact a business ability to share their profits with non profit organizations​

Business
1 answer:
Juli2301 [7.4K]4 years ago
8 0

A non- profit organisation cannot gain profit from the business.

Explanation:

In case of non profit organisation the main aim is to help with health care as well as education. Non- profit organisation is important because it helps in building healthy communities and it also helps in maintaining mobility and stability.They help in strengthening communities as well as non profit leader acted as people's voice.

The circumstances that impact a business ability to share their profits with non profit organisations are the non profit organisation acts as a pulse for the community, non profit organisation helps to develop corporate culture, the volunteers grow as organisation grows.

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I dont know, where are you living or what car you are driving for what reason.

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But if you are nasscar or some wild driver you should consider it.

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The following information is available for Windsor Inc. for the year ended December 31, 2017:_______.
Lapatulllka [165]

Answer:

<u>Requirement</u>

Prepare Income statement

Calculate the per share of common stock

                              Windsor Inc.

Income statement for the year ended December 31, 2017

Sales                                                               $3,775,000

Less: Cost of goods sold                               <u>$1,648,000</u>

Gross profit                                                     $2,127,000

<u>Operating expenses</u>

Selling expenses                        $876,000

Administrative expenses          <u> $507000</u>

Total operative expenses                               <u>$1,383,000</u>

Operative income                                            $744,000

Other revenues and (expenses):

Rent revenue                             $98000

Gain on sale of equipment        $31000

Interest expenses                      ($57,000)         <u>$72,000</u>

Income before income taxes                            $816,000

Income tax applicable to continuing                <u>$297,000</u>

operations

income from continuing operations                  $519,000

Discontinued operations:

Loss on discontinued operations    ($66000)

Income tax applicable to loss on    <u>($23,000)</u>

discontinued operations

Total discontinued operations                             <u>$89,000</u>

Income before extraordinary item                       $430,000

Extraordinary item:

Loss on write-down of inventory                           <u>($37000) </u>

Income after extraordinary item                            $393,000

Other comprehensive income:

Unrealized gain on available-for-sale securities    <u>$27,000</u>

Comprehensive Income                                          <u>$420,000</u>

<u> </u>

EPS = Net Income of a company / Outstanding Shares

EPS = $420,000/200,000

EPS = $2.1 per share

4 0
4 years ago
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