CORPORATE FINANCE - LL+CONNECT ACCESS
CORPORATE FINANCE - LL+CONNECT ACCESS
12th Edition
ISBN: 9781264054961
Author: Ross
Publisher: MCG
Question
Book Icon
Chapter 1, Problem 2CQ
Summary Introduction

To discuss: Goals of a Person X (The financial manager) towards not-for-profit-organization.

Introduction:

Not-for-profit-organization is a type of organization which does not distribute its profits or dividends to its shareholders or investors rather it uses the profits towards the organizations progress and wealth. Examples of not-for-profit-organization are charitable institutions, trust and public service organizations.

Blurred answer
Students have asked these similar questions
A proxy is an authorization that doesn’t allows one shareholder to vote on behalf of another shareholder.   TRUE OR FALSE
Non-Investment-grade bonds are rated at least BBB by Standard and Poor’s.   TRUE OR FALSE
Non-Investment-grade bonds are rated at least BBB by Standard and Poor’s.   TRUE OR FALSE
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Entrepreneurial Finance
Finance
ISBN:9781337635653
Author:Leach
Publisher:Cengage
Text book image
Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College
Text book image
Principles of Accounting Volume 1
Accounting
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax College
Text book image
Pfin (with Mindtap, 1 Term Printed Access Card) (...
Finance
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Cengage Learning