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Author Question: Nonprofit, or not-for-profit, firms a. maximize revenue instead of profit b. minimize cost rather ... (Read 108 times)

theo

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on: Jul 1, 2018
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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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


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