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ollegr [7]
2 years ago
5

loukas is the ceo of a company that makes laundry detergent. even in this very competitive market, loukas acts with ________ to

take actions that benefit the interests of society as well as the organization.
Business
1 answer:
shepuryov [24]2 years ago
5 0

Loukas acts with social responsibility to take actions that benefit both the interests of society as well as his organization.

  • It is only acting with social responsibility that balances the interests of society with the interests of the laundry detergent organization.

  • Social responsibility involves checking the resources organizational resources, dealing with social issues, and tackling social problems.

Thus, when Loukas acts with social responsibility, it becomes for him to recruit and retain productive employees and achieve profit motives.

Read more about corporate social responsibility at brainly.com/question/20094437

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g Financial information is presented below: Operating Expenses $ 90,000 Sales Returns and Allowances 26,000 Sales Discounts 12,0
zheka24 [161]

Answer:

$104,000

Explanation:

Calculation to determine what Gross profit would be

Using this formula

Gross profit=Sales -Cost of Goods Sold -Sales Returns and Allowances-Sales Discounts

Let plug in the formula

Gross profit=$300,000-$158,000-$26,000- $12,000

Gross profit=$104,000

Therefore Gross profit would be $104,000

7 0
3 years ago
Bank Reconciliation
Karo-lina-s [1.5K]

Answer:

Cash balance according to the bank $23,557.98

+ deposits in transit $12,125.25

- outstanding check N⁰ 124 ($62)

- outstanding check N⁰ 125 ($42)

- outstanding check N⁰ 129 ($1,250)

adjusted bank balance = $34,329.23

Cash account balance $51,596.88

+ note collected by bank $15,250.75

- NSF check ($23,475.40)

- Bank fees ($250)

- Error in recording check N⁰ 125 ($9,000)

adjusted cash account balance = $34,122.23

two errors were detected:

  1. outstanding check N⁰ 125 correct amount is ($24)
  2. bank fees are $25

so the readjusted balances are:

adjusted bank balance = $34,329.23 + ($42 - $24) = $34,347.23

adjusted cash account balance = $34,122.23 + ($250 - $25) = $34,347.23

now both accounts are equal.

5 0
4 years ago
Which of the following activities of a finance manager determines the types of assets the firm​ holds? A. analyzing and planning
Vlad [161]

Answer:

Which of the following activities of a finance manager determines the types of assets the firm​ holds?

C. investment decisions

Explanation:

Select the type of assets in which the funds will be invested by the firm is termed as the investment decision

6 0
4 years ago
You own a store. Beginning inventory on January 1 was $4,000. Ending inventory on December 31 was $4,500. You purchased $22,000
Butoxors [25]

Answer:

Explanation:

(a) The computation of the cost of goods sold is shown below:

= Beginning inventory + Purchase of new merchandise - ending inventory

= $4,000 + $22,000 - $4,500

= $21,500

(b) In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.  

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

7 0
3 years ago
The annual depreciation taken on a vehicle totals $4,700. The vehicle has been in service for two full years and the adjusting e
maria [59]

Answer:

Depreciation Expense account is $4,700

Balance in the Accumulated Depreciation account is $9,400

Explanation:

Depreciation is used to determine how a value of a fixed asset decreases with time due to usage. Examples of assets that can be depreciated include equipment, buildings, vehicles and machinery. If the annual depreciation in this case is $4,700, at the end of the second year, depreciation expense would be $4,700. however, accumulated depreciation would be (4700 +4700) totaling to $9,400

4 0
3 years ago
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