The journal entries to record the transactions would include a credit to work in process of $62,000.
What does a journal entry include?Journal entries describe how transactions influence accounts and balances and serve as a simple record of all transactions that a business makes. The information in journal entries, which come in a variety of formats to suit corporate requirements, serves as the foundation for all financial reporting.
Although journal entries may include many data points following are the primary ones :
a header with the entry type described and the date entered in the journalsum of money(s), the account(s), and date(s) on which the transaction will debit those account (s)a special reference or identification number;one or more accounts, the sum(s) that will be credited, and the date or dates on which these credits will be effected;a concise explanation of the transactionJournal entries may also contain other pertinent information for the company, such as the subsidiary or subsidiaries participating in the transaction and the currency or currencies used.
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which of the following is a sign that an abc system may be useful for an organization? a. significant amounts of indirect costs are allocated using multiple cost pools. b. products make similar demands on resources because of similarities in volume, process steps, batch size, or complexity. c. many indirect costs are described as batch-level costs, product-sustaining costs, or facility-sustaining costs. d. operations staff disagrees with accountants about the costs of manufacturing and marketing products and services.
The following is a sign that an ABC system may be useful for an organization operations staff disagrees with accountants about the costs of manufacturing and marketing products and services.
ABC assumes that the resource-ingesting sports that generate prices are sports and now no longer outputs. ABC is suitable for all styles of fee accumulation systems, such as each activity order and technique costing. ABC device are probably to offer the maximum advantages to a business enterprise with sizable quantities of oblique prices which can be allotted the usage of simply one or prices swimming pools and merchandise that make various needs on resources.
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what leadership approach aims to increase organizational performance by aligning the subordinate objectives throughout the organization with the overall goals set by management?
Management by objective aims to increase organizational performance by aligning the subordinate objective with the overall goals set by management.
The aim of the management paradigm known as management by objectives (MBO) is to increase an organization's performance by establishing objectives that both management and employees can support. According to the principle, giving employees a voice in goal development and action planning promotes employee engagement and participation while also coordinating organizational goals.
A management information system (MIS) must be used in order to compare actual performance and accomplishments with the set objectives. According to practitioners, the main advantages of MBO are that it fosters greater management-employee communication and increases employee commitment and motivation.
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which is not an seo puzzle? group of answer choices extreme seo market cycles long-run underperformance negative market reaction on average upon seo announcements very costly to hire underwriters
It's best to choose option (B). Long-term performance issues are not an SEO conundrum.
Does SEO have a long-term outlook?The SEO (search engine optimization) procedure is a long-term investment because it takes time for any great investment to mature. If your business is spending money on traditional marketing initiatives, it is crucial to spend money on SEO and online advertising as well.
Which SEO strategy is the most effective over the long haul?Aligning your website's objectives with those of search engines is the greatest long-term SEO approach. Search engines strive to give users the best possible experience. Your website will be ranked first if it offers the best solution for the term.
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a tenant who expects her business to grow may wish to have a clause included in her lease that grants her the choice to lease adjacent space as soon as it becomes available. this lease option is more commonly referred to as a
This lease option is more commonly referred to as a right of first refusal. An implicit or written lease outlines the terms and conditions under which a lasset essor agrees to rent out a piece of property for use by a lessee.
According to the agreement, the lessee will have access to the property for the predetermined period of time, and the owner will receive consistent payments during that time. The conditions of one party's agreement to rent an asset, in this case property, owned by another party are laid forth in a lease. It ensures that access to the property will be granted to the lessee.
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which of the following measures the impact of a negative supply shock? selected answer will be automatically saved. for keyboard navigation, press up/down arrow keys to select an answer. a real gdp will increase, inflation will increase, and unemployment will decrease. b real gdp will decrease, inflation will decrease, and unemployment will increase. c real gdp will decrease, inflation will increase, and unemployment will increase. d real gdp will increase, inflation will decrease, and unemployment will decrease.
Option C: Real GDP will fall, inflation will rise, and unemployment will rise. When AS shifts right rather than left, real GDP will rise and inflation will fall.
When AD shifts right, what happens to unemployment and inflation?Inflation goes up and unemployment goes down when AD goes up.
When AD shifts to the right, what happens to inflation?The equilibrium quantity of output and price level will rise if the AD curve moves to the right.
What is the connection between genuine Gross domestic product genuine result and joblessness?Gross domestic product (GDP) and unemployment are impacted by a variety of factors. However, in the past, an increase in the unemployment rate of slightly less than two percentage points has been associated with a 1% decrease in GDP. Okun's law is commonly used to refer to this relationship.
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a large hotel chain uses a computerized concierge that offers guests dining, entertainment, and sightseeing options. this is an example of
An automated concierge employed by a major hotel chain provides visitors with food, entertainment, and sightseeing alternatives. A chatbot with artificial intelligence like this one is an example. As a result, option (B) is the preferable one.
What is artificial intelligence?In contrast to the intelligence exhibited by humans and animals, artificial intelligence (AI) refers to the perception, synthesis, and inference of information made by computers.
Advanced web search engines, recommendation engines, speech recognition software, self-driving cars, automated decision-making, and winning at the highest levels in strategic gaming systems are just a few examples of AI uses. The AI effect is a phenomenon where actions once thought to require "intelligence" is frequently taken out of the definition of AI as machines grow more and more capable.
Hence, option (B) is accurate.
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When considering SWOT analysis, what is an example of an organizational weakness?
O Strong financing
O Skilled workforce
O Obsolete technology
O Minimal competition
When considering SWOT analysis, what is an example of an organizational weakness?
O Strong financing
O Skilled workforce
O Obsolete technology
O Minimal competition
josefina is the only seller of sopapillas in town. last week, she sold 200 sopapillas, and the marginal revenue of the 200th sopapilla was $1.50 and the marginal cost was $1.75. is josefina maximizing her profit? a) yes, josefina is maximizing her profit. b) no, josefina is producing less than the optimal quantity. c) no, josefina is producing more than the optimal quantity. d) no, josefina is not maximizing her profit despite producing the optimal quantity.
Josefina is the only seller of sopapillas in town. last week, she sold 200 sopapillas, and the marginal revenue of the 200th sopapilla was $1.50 and the marginal cost was $1.75. Considering this option B is correct which is no Josefina is producing more than the optimal quantity.
When the marginal revenue is less than the marginal cost, the marginal profit is negative and a lesser quantity of goods should be produced. Marginal revenue means the increase in revenue that results from selling one additional unit of output. Although it can remain constant when the output remains stable and will eventually slow down as the output increases which follows the law of diminishing returns. Here the marginal revenue is lower than the marginal cost at $1.50 < $1.75 so Josefina should produce lesser sopapillas but she is producing more than the optimal quantity hence profit is not maximized.
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find the interest rate needed for an investment of $4,000 to grow to $28,000 in 6 years if interest is compute semiannually.
With a semi annual compound interest rate, the interest rate would be 35.209% compounded semi annually in order to grow from $4,000 investment to $28,000 within 6 years.
The calculation for a semi annual compound interest rate is as follows:
Given that:
A = Principal + Interest
P = Principal (Initial investment)
n = Number of compound per year
t = Time in years
We will then calculate the semi annual compound interest rate from the initial investment of $4,000 in order to grow $28,000 within 6 years:
r = n[(A/P)[tex]{1/nt\\ }[/tex] - 1]
r = 2 × [(28,000.00/4,000.00)[tex]{1/(2)(6)}[/tex] - 1]
r = 0.352094
Then the next step would be to convert r from decimal to R as a percentage:
R = r × 100
R = 0.352094 × 100
R = 35.209% per year
Therefore, an initial investment of $4,000 given a semi annual compound interest rate of 35.209%, will multiply seven fold to $28,000.00 over the period of 6 years.
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suppose that a group of humans build an enormous space ship of fixed size and travel into outer space, never to return. they live on board the ship and allocate all goods on the ship using markets. as the population grows, the price of housing on board the ship will:
There aren't many readily available, high-quality alternatives to oil. The costs of drilling and exploring would need to be significantly increased in order to boost oil output.
Oil is in short supply globally compared to demand. There are many excellent alternatives to the item. Consumers won't mind buying substitute products if the price of product A increases if there are numerous similarly good alternatives. This indicates that as the price of A increases, the quantity requested significantly decreases. The demand for A is elastic as a result. The demand for an item or service that is totally inelastic would not fluctuate regardless of price; however, no such good or service exists.
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if the rent of the building the firm occupies increases, what will happen to the firm's profit maximizing
If the rent of the building the firm occupies increases, the firm's profit maximizing will also increase. The market wage (marginal factor cost or MFC) increased and the profit-maximizing the firm will hire where MRP = MFC.
What is marginal factor cost?The marginal factor cost (MFC) of a production factor is the addition to total costs incurred for that factor that results from a one-unit increase in the amount of that factor utilized, according to microeconomic theory. It is measured in terms of money units per additional unit of a factor of production (input), such as labor, per hour. The marginal factor cost is the same as the wage rate in the case of the labor input, for instance, if the amount of labor hired has no impact on the wage rate paid. If a business wants to maximize its profits, it will hire each factor up to the point where its marginal factor cost and marginal revenue product (MFC=MRP) are equal.
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you, an engineer, and an attorney friend, rob, started a small business 3 years ago to do energy audits for small businesses. a piece of equipment that costs $25,000 then has become prematurely obsolete and needs to be replaced with a solid state version that has a purchase price of $20,000 and the current equipment has a nil salvage value. your company accountant shows the book value of the equipment to be $10,000. (a) if you buy the solid state equipment, how should the difference between the cost of the new equipment and the value of the old equipment be considered? (b) your partner thinks of this difference as an added cost to the new equipment, effectively making its purchase price $30,000. is she correct?
In option A, the book value of the old equipment which is shown as $10,000 needs to be written down to zero.
In option B, no. she is not correct in stating that the new equipment price is $30,000.
This should be shown as an expense in the profit and loss statement thus showing an expense under exceptional items as $10,000. The new item worth $20,000 is a capital investment and needs to be capitalized and shown in the asset section. Only the depreciation on the same needs to be charged to the Profit and Loss statement. The new equipment should be recorded at $20,000 only and $10,000 should be recorded as a write-off expense.
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a financial services company that supports legislation making it more difficult for investors to sue for fraud hires a washington-based firm to generate and mail thousands of letters of support to members of congress. this strategy is known as
A financial services company that supports legislation making it more difficult for investors to sue for fraud hires a Washington-based firm to generate and mail thousands of letters of support to members of Congress. This strategy is known as astroturf lobbying.
What is astroturf lobbying?Astroturf lobbying is described as a process through which the sponsors or promoters of an organization or a message are kept hidden or masked. Such a practice allows the development of a perception that the message originated at the grassroots level. Hence, the source of the information is kept hidden and masked.
In this scenario, a financial services company indulged in the practice of supporting legislation that will not facilitate the investor to sue for fraud. Hence, the financial service company hired a Washington-based firm that generated and mailed letters of support. Hence, fake support was generated, and the origin was also kept masked.
It can be concluded that a financial services company that supports legislation making it more difficult for investors to sue for fraud hires a Washington-based firm to generate and mail thousands of letters of support to members of Congress. This strategy is known as astroturf lobbying.
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Annie runs a group therapy session on anger management. In one of the sessions, she finds that the members have become aggressive and are having heated arguments with each other. What technique can Annie use to bring the discussion back into order?
A.
terminate the discussion for the day
B.
call for a moment of silence
C.
pass a clipboard for people to write their feelings
D.
ask the aggressive members to leave the group
E.
introduce humor in the session to ward off the argument
Annie can use a clipboard to get people to write down their feelings in order to get the discussion back on track. Option C is correct.
What is the significance of clipboard?A clipboard is a transient garage location for facts that the person desires to replica from one vicinity to every other. The Clipboard is a temporary storage area on your computer where the data can be store.
When a person copies something, it is saved to the Clipboard and remains there until you copy something else or shut down the computer. When Annie leads an anger management group therapy session, she can use a clipboard to prompt participants to jot down their feelings in order to refocus the discussion.
Therefore, option C is correct.
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Lindsay has decided that it is important to her lifestyle goals to have paid
sick days, vacation, and personal time. She wants to be able to obtain a
career in order to be more likely to get benefits from her employer which
would give her these things.
Most likely, Lindsay should consider doing the following to obtain a career
and benefits?
O Enter the workforce immediately after high school
O Go to a community college and obtain an associate's degree
O Go to a private or public university and obtain a bachelor's degree or
higher
O It doesn't matter her choice. All job options provide benefits such as
these.
Lindsay should consider doing the following to obtain a career and benefits is go to a community college and obtain an associate's degree.
What is a community college?One kind of academic setting is a community college. Depending on the country, the phrase may have a varied connotation: students who have completed high school can enroll in various community colleges "openly" (also known as senior secondary school or upper secondary school). The phrase often refers to an institution of higher learning that offers academic programs for college transfer as well as workforce education. Similar to universities, some schools still have athletic teams and dorms. Over time, TAFEs' and colleges' educational offerings have altered. The community's demand for computer instruction had been acknowledged by many colleges by the 1980s. Through IT classes, many of individuals have since improved their skills. By the 20th century's end, the vast majority of colleges had also changed their status to Registered Training Organizations.
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the purpose of segregating the duties of distributing payroll checks and hiring personnel is to: multiple choice
The purpose of segregating the duties of hiring personnel and distributing payroll checks is to separate (a) the authorization of transactions from the custody-related assets.
Separation of Functions (SOD) A fundamental component of effective risk management and internal corporate controls is segregation of duties (SOD). The foundation of the SOD principle is shared accountability for a crucial process, which distributes its essential tasks to multiple parties or departments.
Examples of segregating tasks include Checks shouldn't be in the hands of the person who manages and reconciles the accounting records. It is not recommended that the person who opens the mail and creates a list of the checks received also makes the deposit.
Full Question :The purpose of segregating the duties of hiring personnel and distributing payroll checks is to separate the:
a. authorization of transactions from the custody of related assets.
b. operational responsibility from the recordkeeping responsibility.
c. human resources function from the controllership function.
d. administrative controls from the internal accounting controls.
the process by which an individual decides what to do with his or her real and personal property during and after life is known as
The process by which an individual decides what to do with his or her real and personal property during and the afterlife is known as Estate planning
What is Estate Planning?This refers to the term that is used to describe and define the management of the property or properties of a person during their lifetime or also in the event of their death.
Hence, it can be seen that with this in mind, this estate planning and management has to do with the arrangement of the properties and assets of a person in order to make decisions on what should be done with them.
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rene is a manager at a mid-size hospital. she has basic familiarity with all functional areas necessary to manage the hospital. which type of manager is she
Rene is a manager at a mid-size hospital. she has basic familiarity with all functional areas necessary to manage the hospital. Administrative type of manager is she.
Operations managers are involved with developing and dealing with the structures that create an organization's merchandise and services. IE's are regularly in those positions. They acquire their dreams thru manufacturing control, stock control, exceptional control, and plant Web page choice and layout. The 0.33 managerial function is leading, a pastime this is regularly visible because the maximum essential and tough of all of the managerial functions. In this stage, managers are predicted to inspire personnel to assist them acquire their dreams and objectives.
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a company pays $32,000 per period to rent a small building that has 11,700 square feet of space. this cost is allocated to the company's three departments on the basis of the amount of the space occupied by each. department one occupies 2,340 square feet of floor space, department two occupies 3,510 square feet of floor space, and department three occupies 5,850 square feet of floor space. if the rent is allocated based on the total square footage of the space, department one should be charged rent expense for the period of:
If the rent is allocated based on the total square footage of the space, department one should be charged rent expense for the period of $6388.
We must ascertain the small building's cost per square foot in order to determine the department's assigned costs.
Rent per square foot costs are calculated as follows: Total rent expense / Total Square Feet of Space = $32,000 / 11700.
The cost of rent per square foot equals $2.73. The department's square footage must now be known in order to calculate the rent expense for Department 1.
Rent costs of Department 1 = Square feet of Department 1 x Per Square feet cost.
Rent Expense of Department 1 = 2340 Sq.ft x $ 2.73.
Rent expense of Department 1 = $6388.
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now assume that, on average, a purchaser of your video game console buys 10 video games, and you earn $10 profit on each video game. what is the correct price for consoles?
The correct price of the console is $225 at which profit is maximized
Profit is defined as the difference between the level of revenue and the cost that is incurred for producing a commodity. When the level of revenue increases, the amount of profit earned by the firm also increases.
Part a:
Profit is determined by the difference between the level of cost and the revenue earned. Thus, to determine the profit for the video game, the profit-maximizing condition is given at the point where marginal revenue is equal to the marginal cost. Thus, the price at which the profit should be maximized is given as follows,
MR=MC
P-MC/P = 1/E
P-150/P = 1/3
P = 225
Therefore, it can be said that the company needs to charge a higher level price which is greater than $180. The reason being when the price of the console is $225, firms earn the maximum profit. If every console makes a profit of $100, it means that the total level of profit for the video games is given as follows,
Total Profit = $180−$150+$100
=$130
Thus, it means that the company makes a profit of $130. When the price of the video consoles is $150, the level of profit is $130. However, if the firm charges the price at which the profit is maximized then it would mean that the profit earned over a single unit of the console would be higher.
Part b:
If the firm earns a higher level of profit on every unit of console sold it means that the price of the console has also increased. However, if the price of the console is $225 then the firm would earn a higher level of profits. Thus, the correct price is $225, the price at which the profit is maximized.
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the covered loan law limits total fees and points paid by the borrower prior to closing to what amount?
The covered loan law limits total fees and points paid by the borrower prior to close to 6%.
a person or business that takes out a loan, especially one for cash from a bank: Banks support potential new borrowers. Interest is owed by the borrower from the time the loan is disbursed until it is fully repaid. Typically, the borrower signs a contract and consents to specific terms regarding repayment. The term "principal borrower" may also be used to refer to this person, which designates the person who has borrowed the "principal" or primary loan amount. An individual or other entity incurs debt when they take out a loan. The lender advances the borrower some cash, which is typically provided by a business, financial institution, or the government. In exchange, the borrower consents to a particular set of terms, which may include any finance charges, interest, a repayment schedule, and other requirements.
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an innkeeper will likely be liable for damage to, or loss of, a guest's property unless the damage was caused by:
link negligently ran his car into john, causing $100,000 in injuries. link was intoxicated at the time of the accident. can link discharge this debt in bankruptcy?
Link cannot claims dischargeable in bankruptcy. Link was operating a vehicle while intoxicated. The damages are required to pay by Link.
What is bankruptcy?Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor.By selling assets to pay debts or by coming up with a repayment plan, bankruptcy enables those who are unable to pay their bills to start over. Businesses in financial distress are also protected by bankruptcy rules.Insolvency is a state of affairs, while bankruptcy is a legal position. When a company is insolvent, it means it is unable to make its debt payments. If a person or organisation is declared bankrupt, the debts must be settled by selling assets or modifying the payment schedule with government assistance.To learn more about bankruptcy refer :
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he parties orally agreed but did not specify in the contract that the contractor would complete the work in 60 days, and then they both signed the contract. the contract did not contain a merger clause. the contractor failed to finish the work in 60 days. the homeowner has sued the contractor for breach of contract. is the court likely to admit evidence concerning the parties' oral agreement that the work would be completed in 60 days?
The time restriction is an additional element that does not conflict with the “partially integrated” written contract, so the court is likely to accept evidence regarding the parties’ verbal agreement that the job would be finished in 60 days.
A contract that expresses all of its provisions in full and complete legal contract form but does not include all of the terms and conditions that the parties have mutually agreed upon is said to be partially integrated.The essential elements of a written agreement: Offer.Acceptance, consciousness, consideration, capability, and legality.As a result, a contract that is only partially integrated completely reflects all of its terms but does not entirely represent all of the agreements reached by [or among] the parties.The implication is that since the homeowner approved of the price rise, the contractor will prevail.Note that an inference merely refers to the conclusion that can be drawn from the provided evidence.Given that the homeowner approved of the price rise, it is implied in this foundation that the contractor will succeed.
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sarah and louise are best friends. they like to go out and dine in trendy restaurants. sarah prefers restaurants that have good food quality and does not really care about the atmosphere. in contrast, louise cares most about the location and price, and does not care about the atmosphere or food quality. therefore, the two friends may have different ratings for the same restaurant. this is because:
Sarah prefers restaurants with good food quality and Louise cares about the location and price. Therefore, the two friends may have different ratings for the same restaurant because they view products as bundles of attributes.
A product is a bundle of attributes of functions, features, uses, location and benefits. The bundle of attributes is a mix of tangibles and intangibles and is capable of exchange and use. The attributes are different in various stages of production. The attributes of the firms or businesses are bundled together to present the overall appearance in a precise way.
The company decides which attribute must be displayed to investors, customers, or in the market. Product benefits are one of the attributes that are displayed to the customers.
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which of the following is not one of the most common depreciation methods? a.units-of-activity method b.double-declining-balance method c.straight-line method d.sum-of-the-years-digits method
The statement that is not one of the most common depreciation methods is the b.double-declining-balance method.
Depreciation is used for the cause of writing off the fee of an asset over its useful life. Depreciation is an obligatory deduction in the income and loss statements of an entity and the Act permits deduction both in the immediately-Line technique or Written down price (WDV) method.
Alternatively, for tax purposes, depreciation is considered a tax deduction for the healing of the charges of belongings employed inside the employer's operations. As a consequence, depreciation basically reduces the taxable earnings of a taxpayer. The tax deductions are usually to be had for each individual and group.
Depreciation expense seems on the income declaration, even as collected depreciation appears on the balance sheet. The balance inside the depreciation fee account is a debit, while the balance inside the amassed depreciation account is a credit.
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global economies of scale can be realized by: group of answer choices restricting the expansion of overseas sales. limiting the utilization of production facilities. curbing bargaining power with suppliers. decreasing cost savings through learning effects. spreading the fixed costs associated with developing a product.
Global economies of scale can be realized by spreading the fixed costs associated in terms of the development of products.
So, the correct option is E.
The concept of economies of scale describes the phenomenon of declining marginal costs resulting from each additional unit of output. As a business becomes more specialized and can create more products with fewer input costs, it begins to enjoy economies of scale. By increasing output and reducing expenses, businesses may attain economies of scale. Costs are divided to form more products, which causes this. Costs come in fixed as well as variable forms.
The global economy is inherently dependent on commerce since it enables nations to acquire whatever resource they require, regardless of whether it is produced domestically or not. Trade helps to make these resources more accessible.
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what is the best technique for revealing the different market or competitive position that rival firms occupy in the industry? strategic group mapping pestel analysis five forces framework the value net framework competitor analysis
Competitors are the businesses in the market that produce similar goods to other businesses.It gives the customer a choice of various quality and price ranges.Domino's and Pizza Hut, which both make pizza, are competitors.
How can the various markets be revealed most effectively?
Strategic group mapping is the most effective method for revealing competitors' market positions.
What is the method for analyzing competitors?
Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis This framework can be used to analyze your rivals as well as to comprehend external and internal factors affecting your business.
Which structure assists with figuring out the business contention?
A model or tool that marketing professionals can use to compare their business plan or marketing strategy to that of their competitors is called a competitive analysis framework.A marketing competitive analysis's visual structure can be created using this model.
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one of the most common entry strategies for mncs is the joint venture. whay are so many companies opting for this strategy? would a fully owned subsidiary be a better choice? (ch.9)
A joint venture is usually a business arrangement between two parties who agree to pool their resources to accomplish a specific task.
Do multinationals choose joint ventures as a strategy because of the following reasons?Shared Risk: When a company starts a new business, the risk is borne only by that entity. However, in a joint venture, the risks are shared.Opening new geographic markets: Joint ventures make it possible to globalize your business. It helps to develop new markets. For example, the US auto industry giant can sell its products to other emerging markets.Access more resources, including expertise, technology, and people.If a company has assets with the potential to generate significant income, it may choose to invest through a wholly-owned subsidiary. If the company does not want to share profits. There are intangible resources, such as talents and equipment, that are difficult to transfer to outside partners.
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let us assume that it is common practice to purposely underestimate bids in order to win nasa contracts. is it wrong for kendahl to take part in this activity as long as it does not overstate the actuals costs it incurs?
If I were in Kendal, I will have issues personally, as the bid proposed for the contract is not ethical and it is being designed to win the contract with nonrealistic quotes. Thus it will have an impact on Kendal. We should avoid unethical practices in the organization.
An organization or organization (Commonwealth English; see spelling differences), is an entity—including an enterprise, an institution, or an affiliation—comprising one or extra humans and having a selected cause. The word is derived from the Greek word organon, which means device or device, musical tool, and organ. There are an expansion of criminal forms of companies, along with organizations, governments, non-governmental companies, political agencies, international companies, armed forces, charities, now not-for-profit corporations, partnerships, cooperatives, and academic establishments, and many others.
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