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3 years ago

What are the limitations and constraints that this form of business has on the operations of the Green Bay Packers?

Business

1 answer:

vredina [299]3 years ago

5 0

Answer:

Green Bay Packers

The limitations and constraints of a not-for-profit association are:

1. Unlimited liability of the club members: This means that the members could be exposed to personal financial liability arising from their membership of the club. When the club is unable to meet its debt obligations, individual members will be held liable for the remaining debts.

2. An unincorporated association is subject to liquidation at the slightest event. In the event of the members' death, the association will not be able to continue.

3. A unincorporated not-for-profit organization may not be able to attain credibility as much as an incorporated organization. This disadvantage limits its ability to raise external finance.

Explanation:

The Green Bay Packers is a football club under the NFL. It is a not-for-profit association. Therefore, members do not enjoy the benefits arising from limited liability.

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3 years ago

A decrease in the price of domestically produced industrial robots will be reflected in a. both the GDP deflator and the consume

andrezito [222]

Answer:

The correct answer is option c.

Explanation:

A consumer price index measures the change in the price level of weighted average of a basket of goods and services purchased by the consumers.

GDP deflator measures the change in the price of all domestically produced goods and services.

A change in the price of domestically produced industrial robots will be included in the GDP deflator as it includes the prices of all domestically produced goods and services.

But it will not be included in the CPI as the industrial robots are not purchased by consumers in households, they are not consumer goods.

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4 years ago

Suppose two athletes each sign 10-year contracts for $80 million. In one case, we’re told that the $80 million will be paid in 1

marusya05 [52]

Answer:

The athlete with equal installments got the better deal.

Explanation:

Two athletes each sign 10-year contracts for $80 million.

In one case, we’re told that the $80 million will be paid in 10 equal installments.

In the other case, the $80 million will be paid in 10 installments, but the installments will increase by 5 percent per year.

The one with equal installments will get $8 million every year.

But the one with increasing installments will get smaller payments initially as his payments were to be increased by 5% each year.

Though the total value of both the annuities will remain the same.

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3 years ago

From 2015 to 2016, the overall price level rose from 200 to 220. Over the same period, tuition rates at the local community coll

vovikov84 [41]

Answer:

We can conclude that tuition rates at the local community college are rising faster than overall inflation.

This is because from 2015 to 2016, the overall price level rose 10%, from 200 to 2020 (20 is the 10% of 200), while tuition rates rose 15% in the same period, from $100 to $115 (15 is obviously the 15% of 100).

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3 years ago

On January 1, a company issued 6%, 10-year bonds with a face amount of $60 million for $55,736,520 to yield 7%. Interest is paid

Olegator [25]

Answer:

Effective interest on June 30 on a 6% $60 million bond at 7% effective rate is $1,950,778

The interest is treated in the books of account thus:

Debit interest expense $1,950,778

Credit Bond account $1,950,778

Explanation:

The effective interest is computed using the below formula

Amount x Effective Rate (%) = Interest Expense

Amount=$55,736,520

Effective rate =7%/2 =3.5% semi-annually

Interest expense=$55,736,520*3.5%

Interest expense=$1,950,778

6 0

3 years ago