The number of tax-exempt nonprofits operating in the United States in 2016 was approximately ______.

A. 1.5 million
B. 2.6 million
C. 3.5 million
D. 5.2 million


A. 1.5 million

Business

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The Magnuson-Moss Warranty Act of 1975 regulates express written warranties

Indicate whether the statement is true or false.

Business

Situational interviews ask the applicants how they would respond, while behavioral description interviews ask the applicants how they did respond.

Answer the following statement true (T) or false (F)

Business

Hancock Medical Supply Co., earned $160,000 of revenue on account during Year 1, its first year of operation. During Year 1, Hancock collected $128,000 of cash from its receivables accounts. The company did not write-off any uncollectible accounts. It estimates that it will be unable to collect 1% of revenue on account. What is the net realizable value of receivables that will be reported on the balance sheet at December 31, Year 1?

A. $30,400 B. $32,000 C. $30,720 D. $30,000

Business

Explain why there is a coinsurance clause applied to the building structures. How does it work?

What will be an ideal response?

Business