Question

In: Economics

Emory University Identify the sub-industry or type of organization it belongs to (e.g., home care, hospital)...

Emory University

Identify the sub-industry or type of organization it belongs to (e.g., home care, hospital) and the financial background of the organization.

 Is Emory University a nonprofit or for-profit?

 What kind of impact do the economic principles of demand and market/consumer behavior have on Emory University's financial statements?

Solutions

Expert Solution

The sub industry of Emory University is hospital and related activities.

Financial background of the organisation relates to investment in various securities, gifts and contributions received, tutions and fees received, fundings from corporation, federal agencies or private foundation, patient service revenue, revenue from sales and service of auxiliary enterprises and independent organisations, etc.

  • It is an non-for-profit and tax exempt organisation in Georgia.
  • Emory's financial statement have greater impact from principles of demand and market behaviour. As economic polices have a direct and significant influence it's effect is huge.

This impact is based on the developments of theory and empirical tests that are made feasible.

Many economic theories like efficient market hypothesis, portfolio selection, risk analysis and money management have greatly influenced the financial statements.

Emory University have experienced the activity of putting theory into practice.


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