A Recent Development in Corporate Philanthropy Is for Corporate Leaders

question 40

Multiple Choice

A recent development in corporate philanthropy is for corporate leaders to demand:

• A) a good return on investment, in terms of social impact.
• B) that the institutions receiving the money become good customers.
• C) that all recipients of their generosity believe in capitalism.
• D) respect and recognition from all recipients.

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and interest, have been deducted from total revenues.

Capital Account Balance

The net amount of funds invested in a business by its owners, plus retained earnings or minus accumulated losses.

Partnership Capital

The amount of capital that is contributed by the partners in a partnership firm, representing their ownership interest and basis for sharing profits and losses.

Income-sharing Ratio

A predefined formula used to distribute profits among partners or stakeholders in proportion to their agreed-upon shares.