Discuss the differences between traditional nonprofit entrepreneurs and enterprising nonprofits.
What will be an ideal response?
: Enterprising nonprofit entrepreneurs typically have a higher survival rate for the first 5 years compared with traditional nonprofit entrepreneurs. Enterprising nonprofit entrepreneurs are more likely to be older (on average), be women, and have a college degree.
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Online surveys are limited to true-false and multiple choice questions
Indicate whether the statement is true or false
Work plan is another name given to the ________
A. campaign theme. B. account planning process. C. creative brief. D. advertising message. E. creative channel.
The Revised Act does not consider a transfer of its own stock by ZYX Corporation to its stockholders a distribution
a. True b. False Indicate whether the statement is true or false
Dahn Corporation has provided the following financial data:Balance SheetDecember 31, Year 2 and Year 1AssetsYear 2Year 1Current assets: Cash$227,000 $150,000 Accounts receivable, net 134,000 130,000 Inventory 150,000 130,000 Prepaid expenses 83,000 80,000 Total current assets 594,000 490,000 Plant & equipment, net 769,000 840,000 Total assets$ 1,363,000 $ 1,330,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable$200,000 $180,000 Accrued liabilities 63,000 70,000 Notes payable, short term 71,000 60,000 Total current liabilities 334,000 310,000 Bonds payable 290,000 290,000 Total liabilities 624,000 600,000 Stockholders'
equity: Common stock, $5 par value 400,000 400,000 Additional paid-in capital 50,000 50,000 Retained earnings 289,000 280,000 Total stockholders' equity 739,000 730,000 Total liabilities & stockholders' equity$ 1,363,000 $ 1,330,000 Income StatementFor the Year Ended December 31, Year 2Sales (all on account)$1,370,000 Cost of goods sold 850,000 Gross margin 520,000 Operating expenses 482,692 Net operating income 37,308 Interest expense 21,000 Net income before taxes 16,308 Income taxes (35%) 5,708 Net income$ 10,600 Dividends on common stock during Year 2 totaled $1,600. The market price of common stock at the end of Year 2 was $2.37 per share.The company's inventory turnover for Year 2 is closest to: A. 6.54 B. 0.87 C. 5.67 D. 6.07