Author Question: Nonprofit, or not-for-profit, firms a. maximize revenue instead of profit b. minimize cost rather ... (Read 110 times)

theo

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Nonprofit, or not-for-profit, firms
 a. maximize revenue instead of profit
  b. minimize cost rather than maximize profit
  c. often pursue goals other than profit maximization
  d. pursue profit as their main goal despite their name
  e. have no incentive to produce efficiently

Question 2

Which of the following have their profits taxed twice?
 a. sole proprietorships
  b. partnerships
  c. corporations
  d. nonprofit institutions
  e. S-corporations



scikid

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Answer to Question 1

C

Answer to Question 2

C



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