Answer and Explanation:
a. The Journal entry is shown below:-
Lawsuit loss Dr, $900,000
To Lawsuit liability $900,000
(Being lawsuit loss is recorded)
Here we debited the lawsuit loss as it increased the losses and we credited the lawsuit liability as it also increased the liabilities because the losses contains normal debit balance and the liability contains normal credit balance
b. No Journal entry is required as The loss is not accrued as it is not expected that a liability has been spent at Dec 31, 2020
Answer: The answer is provided below
Explanation:
a. Ethics play a very important role in any organization. Ethics ensures the legitimacy and reputation of the organization. Therefore, it cannot be ignored that Mr. Dimon has disregarded the ethical norms when serving as the CEO and Chairman of JPMorgan. Even though the business is earning profits, such fraudulent and unfair business activities should not be acceptable by the company.
With regards to this, as the chairman, I would fire Mr. Dimon for his immoral way in conducting business activities. This will also set an example for others.
b) As far as the CEO's compensation is concerned, pay shouldn't be just for business performance or profits but also for ethical performance. A business without values and ethics cannot succeed in the long run. Even though profits are vital, they shouldn't be at the cost of morality and ethics.
Therefore, it is vital to compensate the CEO after considering every essential factors and not just on the basis of the businesss performance.
c) A proper Performance Analysis in an organization is made up of all the criterias required to measure the performance of both the company and the employees. Regarding the situation in the question, the ethical dilemma can be solved through the consideration of ethical conduct as an equal and important factor when evaluating pay for performance. Therefore, the pay for performance should include ethical and business aspects together which will lead to more transparency when assessing the compensation.
Answer:
16
Explanation:
Given:
Demands = 5, 5, 3, 2, 8, 10
now,
since the highest weight is for the most recent number , Weights assigned will be
Demand weight
10 3
8 2
2 1
Therefore,
Forecast demand = 
or
Forecast demand = 
or
Forecast demand = 16
Answer:
Explanation:
According to the diagram, is the polar angle (the "vertical" angle made with the positive z-axis) and is the azimuthal angle (the "horizontal" angle made with the positive x-axis), so the convention used here is to take
Then for the spherical point (1, π/4, π/2), we have the corresponding Cartesian point (x, y, z), where
