Introduction Non-profit’s are organizations that are not in business for profit but they still have to have a certain amount of revenue to keep the organization up and functional. It is very important for the organization to have a good understanding of the group’s financials and what amount of money is needed on a daily basis. Without a good understanding of a nonprofits financials the organizations will not be functional and will not be able to fulfil the organization’s mission. This essay will
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STRATHMORE UNIVERSITY SCHOOL OF FINANCE AND APPLIED ECONOMICS BSF 1101 ACCOUNTING AND REPORTING 1/INTRODUCTION TO ACCOUNTING 9. NOT FOR PROFIT MAKING ORGANIZATIONS 9.1 Introduction These are organizations that are set up to promote or to cater for the welfare of the members involved and not to make a profit. These include clubs‚ (e.g. professional clubs‚ academic clubs‚ sports clubs)‚ welfare associations and any other societies (charitable institutions). Because these organizations are
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Assignment: Fixed cost Dora McKinney Hsm/260 Week 4 Instructor: Greg O’Donnell Fixed Costs‚ Variable Costs‚ and Break-Even Point Exercise 10.1 Month Meals Served Total Costs July 3‚500 $20‚500 Low August 4‚000 22‚600 September 4‚200 23‚350 October 4‚600 24‚500 November
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2. SYSTEM ANALYSIS OF THE STUDY 2.1. Swot Analysis A SWOT analysis (alternatively SWOT matrix) is a structured plan method used to evaluate the strengths‚ weaknesses‚ opportunities and threats involved in a project or in a business venture. ASWOT analysis can be carried out for a product‚ place‚ industry or person. 2.1.1. Strength • Mobile application of Nearest Hospital‚ includes complete‚ net and comprehensive information and avoid expressing unnecessary information. • The cost of the mobile
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Medicare Rural Hospital Flexibility Program and Critical Access Hospitals BACKGROUND Significant health disparities between rural and urban populations have been a major concern in the United States. One prominent factor contributing to the disparities is lack of access to quality care in rural areas which is closely associated with challenges faced by rural health care providers (National Rural Health Association‚ 2007). Rural hospitals are the key health care provider in rural areas‚ offering
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There’s no escaping the fact that college cost are rising. According to recently released reports from the College Board‚ most students and their families can expert to pay‚ on average‚ from $95 to $1‚404 more than last year for this year’s tuition and fees‚ depending on the type of college. (Collegeboard.com) The United States needs to lower the cost of college tuition; because students and parents have had to pay double the amount of money for schooling then they would have ten years ago.
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indirect costs are allocated using only one or two cost pools. All or most costs are identified as output unit-level costs. Products make diverse demands on resources because of differences in volume‚ process steps‚ batch size‚ or complexity. Products that a company is well suited to make and sell show small profits while products for which a company is less suited show large profits. 9-5 (1) Identify the activities that consume resources and assign costs to them. (2) Identify the cost driver(s)
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causes of the crisis. Frequently encountered causes include: * Revenue downturn caused by a weak economy * Overly optimistic sales projections * Poor strategic choices * Poor execution of a good strategy * High operating costs * High fixed costs that decrease flexibility * Insufficient resources * Unsuccessful R&D projects * Highly successful competitor * Excessive debt burden * Inadequate financial controls Which stage does your company belong? There are three
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company‚ Hospital Supply‚ Inc.‚ that produced hydraulic hoists for the local market. The hydraulic hoist is useful to the hospital for moving bedridden patients. Most of sales made to local hospitals. Significant to activity of sales and production of hydraulic hoist‚ there are costs incurred due to the consumption of resources. Presented in Exhibit 1 are the costs of manufacturing and marketing hydraulic hoists at the company’s normal volume of 3‚000 units per month: Exhibit 1 – Cost per Unit
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A View of the Resource/Profit Model: A Non-Profit‚ Service Perspective Parents have long pursued what they consider the best education for their child(ren). However‚ horrific events like the April 1999 school shooting massacre at Columbine High School near Denver‚ Colorado or more recently‚ the March 2009 Albertville Technical High School shooting in Winnenden‚ Germany‚ which left several children dead‚ has prompted more and more parents to seek private‚ parochial‚ or Christian school alternatives
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