Glasgow,Inc.provides the following:
Glasgow, Inc. Comparative Balance Sheet December 31,2019 and 2018 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets Liabilities Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders’ Equity Total Stockholder’s’ Equity Total Liabilities and Stockholder’s’ Equity 2019$200,000550,00050,000$800,000$150,000350,000500,000300,000$800,0002018$100,000500,00050,000$650,000$100,000250,000350,000300,000$650,000
Perform a vertical analysis of Glasgow's balance sheet for each year.(Round to one decimal place.)
Comprehend the structure and functions of nonprofit advisory councils and boards of directors.
Grasp the concept of self-perpetuating boards and their selection process.
Identify and differentiate between the modes of board operation in a nonprofit context.
Recognize best practices in nonprofit board governance relating to transparency and accountability.
Definitions:
Organizational Culture
The set of shared values, beliefs, and practices that characterize how a company’s employees behave and interact.
External Adaptation
The process by which an organization adjusts and changes in response to the external environment.
Internal Integration
The process of harmonizing internal operations and departments within an organization to work more effectively together.
Organizational Culture
The shared values, beliefs, and norms that influence the way members of an organization interact with each other and with stakeholders.