Asked by Charol Pelagio on Jun 06, 2024
Verified
What were the total combined assets of all nonprofits in 2013?
A) $500 million
B) $200 billion
C) $800 billion
D) $3.22 trillion
Nonprofits
A rephrased term for organizations that focus on social, educational, or charitable missions instead of financial gain.
Total Combined Assets
The aggregate value of all assets owned by an entity, including cash, investments, property, and any other resources of value.
- Comprehend the financial dimensions and economic impact of the nonprofit sector.
Verified Answer
KD
Kamaris DavisJun 10, 2024
Final Answer :
D
Explanation :
In 2013, the total combined assets of all nonprofits were approximately $3.22 trillion, reflecting the vast scale and economic impact of the nonprofit sector.
Learning Objectives
- Comprehend the financial dimensions and economic impact of the nonprofit sector.
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