Voluntary exchange refers to an act of trading between individuals that makes both parties to the trade subjectively better off.

A donor gave equipment valued at $90,000 at the beginning of 2020 to a private not-for-profit organization. The equipment had a

Slav-nsk [51]

The net asset would be $81,000 or $0 depending upon the policy of the Non-Profit Organization.

<h3><u>What is a Non-Profit Organization?</u></h3>

A non-profit organization is a group that was established with the intention of making a profit, and in which no part of the organization's revenue is given to its directors, officials, or members.
"Non-stock corporations" are a common moniker for nonprofit organizations.
They may be organized as a corporation, a sole proprietorship, an unincorporated association, a partnership, a foundation, a condominium, or another type of individual enterprise (for instance, individual charitable contributions) (joint ownership of common areas by owners of adjacent individual units incorporated under state condominium acts).
When they are established, nonprofit organizations must declare themselves to be so and are only allowed to work on projects that fall under their legal definition.

The value of the equipment given by the donor = $90,000

The charge of depreciation = $9,000.

The total assets of a business less the total liabilities equals the entity's net assets. The sum of a company's net assets equals its stockholders' equity in whole. Net assets are divided into unrestricted and restricted net assets of a nonprofit organization.

The net asset would be either $81,000 or $0.

Know more about Non-Profit Organization with the help of the given link:

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5 0

2 years ago

Bramble, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $6,600 from sales $200

Advocard [28]

Answer and Explanation:

The preparation of the analysis is shown below:

Particulars Continue Eliminate Net Income (Decrease)

Sales $200,000 $0 -$200,000

Less: Variable Costs $176,000 $0 -$176,000

Contribution margin $24,000 $0 -$24,000

Fixed Costs $30,600 $20,600 $10,000

Net Income/Loss -$6,600 -$20,600 -$14,000

As we can see that in both the cases whether eliminate or continue the amounts comes in negative but in continue there is a less amount of loss as compared to eliminated one

Therefore, in this case, the big Bart line could be continued

8 0

3 years ago

Match each type of employment with its definition (2 points)

Rainbow [258]

Each type of employment has been matched with its definition thus:

Frictional unemployment: Unemployment associated with workers who are between jobs

Cyclical unemployment: Unemployment resulting from mismatches between employer needs and employee skills.

Structural unemployment: Unemployment associated with the highs and lows of the business cycle.

There are different causes of employment. Frictional unemployment is the timeframe between the period an individual lost his job and seeks another.

Structural unemployment is a result of inconsistencies in the labor market.

Cyclical unemployment occurs when the demand from the employee is not met with the skills of the employer.

Learn more about unemployment here:

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4 0

3 years ago

Windspire is starting a firm in the small-scale wind-generated power industry. This industry is still so new that no standard op

liq [111]

Answer:

Emerging

Explanation:

An emerging industry is a group of companies that is created around a new product or idea that is still in the early stages of development. An emerging industry consists of just a small number companies and is often centered around new technology. A example is the small wind generated power industry because wind is not a common source that is used for the generation of power.

4 0

3 years ago

A firm's value added equals 10) A) its revenue minus its wages. B) its revenue minus all of its costs. C) its revenue minus its

Rufina [12.5K]

Answer:

D) its revenue minus its cost of intermediate goods.

Explanation:

The firm value added shows a difference between the revenue and the cost of intermediate goods

In mathematically,

Firm value added = Revenue - cost of intermediate goods

After deducting the cost of intermediate goods from the revenue we can get the firm value added

Hence, the option D is correct as it denotes the firm value added

8 0

3 years ago