A force that drove the recent nonprofit management revolution was the ______.
A. introduction of competition
B. increased number of economic recessions
C. decline of growth in the sector
D. decreased demands for accountability
A. introduction of competition
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Use the information below to determine the sales revenue, cost of goods sold and gross profit that would be reported for the company related to the March 16 sale assuming the company uses FIFO inventory valuation and a perpetual inventory system.January 1:Purchased 100 units at $10 per unit.February 5:Purchased 60 units at $12 per unit.March 16:Sold 40 units for $16 per unit.
What will be an ideal response?
Tyler has rented a house from Camarah since last year. The rent is usually $1,200 per month, but Camarah reduced the monthly rent down to $200 for all twelve months this year in exchange for Tyler putting in an inground pool in the backyard. The improvement has a fair market value of $20,000. How much total rental income must Camarah report this year?
A. $22,400 B. $12,000 C. $14,400 D. $2,400
IBM's principal reason for existing is to earn a profit for its shareholders. The means by which IBM does this is through the manufacture of computers. These two statements describe, respectively, IBM's
A. strategy. B. mission. C. policy. D. tactical plan. E. control process.
Formulate the null and alternative hypothesis in each case:
a. Ten years ago the average American drank 2.5 cups of coffee per day. You suspect that amount has changed since then. b. A researcher at Ohio State University speculates that the average SAT score for entering freshmen is higher than the national average of 1,650. c. The manager of the University of Iowa bookstore suspects the average amount of money a student spends on books is less than the reported $400.