- A nonprofit corporation is an organization or company that gains money through sales and keeps 100% of the profit. Income and any surplus funds are not distributed to owners or shareholder, but are kept to be used in the company's activities.
- A nonprofit corporation is one which exists to fulfill a charitable need in society. Nonprofits use money gained from donations and fund raising activities to help those in need or to support education and scientific research, fund advances in health care, promote conservation and responsible citizenship, protect animals and other worthwhile endeavors. Nonprofit corporations are subject to Internal Revenue Code 501(c)3, and most of the profits they generate are exempt from income taxes. Generally donations to nonprofits are tax deductible.
- Non-profit organizations include charities, trade unions, and public foundations.
The average monthly balance is calculated by adding the ending monthly balance for the period (usually 12 months) and dividing this by the period. e.g. For a period of 12 mos with an ending balance at the end of each month of $12 you would have 12+12+12+12+12+12+12+12+12+12+12+12=144 and 144/12= $12. Therefore the average balance over the period is then $12. Hopes this helps.
It is the sum of the end of day balance in the account for each day in the quarter, divided by the number of days in the quarter.
The question did not indicate the period. It is the sum of the end of every day balance in the account divided by the period for which calculations are made. To amplify the sum of daily balances will be divided by number of days, if you need average daily balance, and by months in case you need monthly average etc.
A business letter and memo are both styles of communication. The letter is a more formal thing, with fairly well prescribed format including things like an internal address, generally using full names, title, etc.,, salutation and closings. The memo is a much less formal communication, generally for audiences that communicate frequently with each other. The format has much more leeway (generally just a to/from/date/subject). Abbreviations are fine as is a more casual discussion format.
The email and fax are both different methods of electronically sending/delivering those communications.
Only recently has the use of either electronic method been considered acceptable (and is still disputed by some) for delivering the formal business letter. Some questions still exist about if the electronic means is adequate for Legal things too. I would suggest it is never a good method for anything sincere or personal.
Management function is needed in society in order for society to operate effectively. In society there will always be people who are better at leading and people who are better at following direction given by a leader.