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Can a non profit organization enter into a profit making business?
Wiki User
∙ 16y ago
Yes, of course.
Being a "non-profit" organization does not mean you don't make any profit, but rather that the profits are not distributed to investors as dividends.
Many non-profit organizations make billions of dollars of profits per year, and often donate these corporate profits to charitable causes.
Wiki User
∙ 16y ago
Wiki User
∙ 14y agoNo. They are separate entities. You may as well be asking if you can be alive and dead at the same time.
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Reasons why people enter into a business?
The reasons of most people is to earn profit. Of course some people enter into a business with purposes like to provide benefits to society.
What tax advantage does a nonprofit organization have?
does a non-profit service organization pay any type taxes. They sell beer and wine and members as well as non members enter.
Can a monopolistic competitive firm earn long run profit?
In the long run, if a firm is making a profit more firms will enter. This will cause profit to drop. Firms will eventually drop out because of this and economic profit will makes it way to zero(a result of the invisible hand).
Why bank established as corporation?
Banks are established as corporations because corporation is formed by number of persons who pool in their resources to enter business for profit. The methods of financing available to such type of organization. The sale of stock and bonds can raise a greater amount of capital which is needed to undertake the business with multifarious functions. Banks, which by their very nature, invest into large amounts of capital. Furthermore, loans are given out for long durations and only an entity with a long tenure could be beneficial in such a case. Corporations then meets this test because of its perpetual life.
What is an asset light model?
asset light model is a business model where businesses now instead of purchasing the land enter into a contract with the land owner, where they share a certain percentage of profit arising out of the business done on the land. this helps in saving a huge cost of land to the business
Why and how business enter and survive in foreign market?
Why and how business enter to survive in foreign market
Is additional capital enter in profit and loss appropriation account?
no
What is preincorporation contracts?
Business persons sometimes enter into contracts on behalf of a business organization that is not yet formed. For example, a person forming a corporation may enter into a contracts during the process of incorporation but before the corporation becomes a legeal entity. Once the corporation is formed, it can then enforce the contract terms by means of novation.
Where can one enter a business webinar?
There are many places where one can enter a business webinar. One can enter a business webinar at popular on the web sources such as ON24, EventBrite, and Udemy.
Did Russia enter world trade organization?
YES
Transfer of net profit to capital account in tally 9?
profit or loss alc dr to capital alc.... enter in journal
Does profit enter into price?
Yes sales price already accounted for the percentage of profit as formula for selling price as follows: Sales price = Total Cost + Profit margin
