this reasonable? Yes‚ it probably is. If financial reports/financial statements were to be prepared so that anyone would understand them‚ it would be necessary to include a great many explanatory notes. These notes would have to include definitions of all the terminology used‚ never mind everything else. The costs of doing so would be prohibitive and would‚ effectively‚ mean that every financial report included a mini manual on accounting. This would be unlikely to benefit anyone ‘perfectly’ -- it would
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When it comes to for-profit colleges many students end up being in $50‚000 to even a hundred-thousand dollars in debt; making it harder by the day to find a good job-placement after becoming a graduate. The cost of attending a for-profit school is just much‚ as attending a ivy-league school‚ if not more. With most of these colleges having open enrollment‚ this allows the Government to take more/ have access to more money. In my opinion‚ it’s almost a trap in order to lure students into thinking
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Assignment 2 (20 points) Assignment 2: Costs and Profit Instructions Save this file in your course folder‚ and name it with Assignment‚ the section number‚ and your first initial and last name. For example‚ Jessie Robinson’s assignment for Section 1 would be named Assignment1JRobinson. Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day‚ be sure to save your
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Capital Structure and Profit Capital Structure Definition A unite of a company’s long-term debt‚ specific short-term debt‚ common equity and preferred equity. The capital structure is how a firm finances its overall operations and growth by using different sources of funds. Debt comes in the form of bond issues or long-term notes payable‚ whereas equity is classified as common stock‚ preferred stock or retained earnings. Also‚ Short-term debt such as working capital requirements is considered
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Profit Maximization model helps to predict the price-output behavior of a firm under changing market conditions like tax rates‚ wages and salaries‚ bonus‚ the degree of availability of resources‚ technology‚ fashions‚ tastes and preferences of consumers etc. It is a very simple and unambiguous model. It is the single most ideal model that can explain the normal behavior of a firm. It is often argued that no other alternative hypothesis can explain and predict the behavior of business firms better
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Giving welfare profits need been dubious All around u. S. Historical backdrop. Since the provincial period‚ legislature welfare strategy need reflected the conviction that the impoverished would answerable for their poverty‚ prompting those standard that governmental reductions are An benefit What’s more not a right. Until the extraordinary wretchedness of the 1930s‚ state and nearby administrations exhaust a few obligation to giving aid of the poor. Generally‚ such support might have been insignificant
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describe what profit and loss accounts are. PROFIT AND LOSS ACCOUNT By law business are required to provide annual financial statements‚ which will appear in their company report‚ there are two main types of financial statements‚ one is balance sheet and the other is a profit and loss account. A profit and loss account is a record which can be updated regularly and generally shows businesses transactions made over a period of time (usually within 12 months)‚ An example profit and loss account
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Definition of Non-Profit Organizations Associations‚ charities‚ cooperatives‚ and other voluntary organizations formed to further cultural‚ educational‚ religious‚ professional‚ or public service objectives. Non-Profit Organization startup funding is provided by their members‚ trustees‚ or others who do not expect repayment‚ and who do not share in the organization’s profits or losses which are retained or absorbed. Approved‚ incorporated‚ or registered Non-Profit Organizations are usually granted
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Not-for-Profit According to Merriam-Webster.com‚ Not-for-Profit‚ also known as nonprofit is defined as‚ “not existing or done for the purpose of making a profit.” Whereas For-Profit is the opposite and is defined as “existing or done for the purpose of making a profit.” I am an ethnographic researcher for a popular organizational behavior research journal. In this article‚ we will be looking at 2 popular and major organizations‚ where one is Not-for-Profit and the other is For-Profit and identifying
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SAMPLE ANSWER FOR QUESTION 5 Profit-making is one of the most traditional‚ basic and major objectives of a firm. Profit-motive is the driving-force behind all business activities of a company. It is the primary measure of success or failure of a firm in the market. Profit earning capacity indicates the position‚ performance and status of a firm in the market. In spite of several changes and development of several alternative objectives‚ profit maximization has remained as one of the single most important
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