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2 years ago

Select the correct answer.

Business

1 answer:

krek1111 [17]2 years ago

7 0

E. Connivance

Connivance is the willingness to secretly allow or be involved in wrongdoing

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A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and paid out cash dividends of

snow_lady [41]

Answer:

Ending retained earning will be $433750

Explanation:

We have given beginning balance = $430000

Net income = $60000

Dividend paid = $56250

We have to find the ending balance

We know that ending retained earning is given by

Ending retained earning = beginning retained earning + net income - dividend paid

So Ending retained earning = $430000+$60000-$56250 = $433750

6 0

3 years ago

Analysis reveals that a company had a net increase in cash of $22.420 for the current year. Net cash provided by operating activ

antoniya [11.8K]

Answer: 4,840

Explanation: Analysis reveals that a company had a net increase in cash of $22,310 for the current year.

Therefore,

The year-end cash balance - the beginning cash balance = $22,310

The beginning cash balance = The year-end cash balance - $22,310

The year-end cash balance is $27,150

The beginning cash balance = $27,150 - $22,310 = $4,840

8 0

2 years ago

Carl Critic has just announced his choices of the worst Hollywood actresses of the year, and Stella Starr has been named the wor

Alekssandra [29.7K]

Answer: No, this was merely Carl's opinion.

Explanation:

Labelling a statement as an opinion generally protects the person who said it from defamation suits however this is not always the case.

If the opinion is based on disclosed and well known facts, the action is free of defamatory or libel charges.

This seems to be the case in this scenario as his column seems to be based on the performances for the year.

Bottomline is, Stella cannot sue Carl for libel as it is his opinion.

7 0

3 years ago

A firm that sells e-books - books in digital form downloadable from the Internet - sells all e-books relating to do-it-yours

vampirchik [111]

Answer:

Profit maximizing price of the firm = 50 cents

Average total cost of e-book = $10.5

Explanation:

As per the data given in the question,

Maximum annual profit = $35,000

It sells = 15,000 copies

Expense rate = 50 cent

Company must spend = $150,000

Here, Profit maximizing price of the firm = marginal cost (Expense rate)

So, Profit maximizing price of the firm = 50 cents

As per the following formula,

Average total cost = Total cost ÷ Quantity of output

= ((0.5 × 15,000) + $150,000) ÷ 15,000

= $10.5

6 0

3 years ago

Three Torque Inc., a U.S.-based multinational company, allows its managers to make facilitating payments in host countries to ex

Goryan [66]

Answer:

Cultural Relativism

Explanation:

Cultural relativism basically implies that other people's values, norms and morals should be understood and respected, rather than judged, usually from the viewpoint of another culture, as the saying goes when in Rome, act like the Romans.

Therefore, Three Torque Inc. has demonstrated Cultural Relativism in deciding to respect the ethics of countries that prohibit facilitating payments.

6 0

3 years ago