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IRISSAK [1]
2 years ago
11

During a two-month period Lladro Comercial, S.A., the manufacturer of handcrafted porcelains, donated ten percent of its retail

profits to the Susan G. Komen Breast Cancer Foundation. The action was legal and ethical and allowed the company to still be profitable. According to the pyramid of corporate social responsibility, it was acting at the _____ responsibilities level.
Business
1 answer:
lakkis [162]2 years ago
3 0

According to the pyramid of corporate social responsibility, it was acting at the philanthropic responsibilities level.

<h3 /><h3>What is social responsibility?</h3>

Social responsibility is the responsibility of every individual to work for the welfare of the society, it is the help from the individual. The help can be of anyway like donate money, free volunteering in any occasion, explaining the importance of things to the people.

Thus, it is philanthropic responsibilities level.

For more details about Social responsibility, click here:

brainly.com/question/18247797

#SPJ1

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8 0
3 years ago
On January 1, Puckett Company paid $1.6 million for 50,000 shares of Harrison’s voting common stock, which represents a 40 perce
Marysya12 [62]

Answer:

The $1,724,000 is the investment amount which is to be recorded as of December 31.

Explanation:

For computing the investment income, the calculation is shown below:

= Paid value + net income percentage - dividend

where,

Paid value= $1.6 million

Net income percentage = Net income × percentage

                                        = $560,000 × 40%

                                        = $224,000

And, dividend = number of shares × per share

                       = 50,000 × 2

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So, the investment amount would be

= Paid amount + net income percentage - dividend

= $1,600,000 + $224,000 - $100,000

= $1,724,000

Hence, the $1,724,000 is the investment amount which is to be recorded as of December 31.

3 0
3 years ago
Occurs when a beat that is normally subdivided in two is temporarily subdivided into three. for example, a quarter note is split
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4 0
4 years ago
Product U23N has been considered a drag on profits at Jinkerson Corporation for some time and management is considering disconti
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Answer:

c. $(143,000)

Explanation:

The Jinkerson Corporation is considering to discontinue the product U23N. The advantage or disadvantage Jinkerson Corporation will get after the discontinuation of product U23N will be ;

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The company overall net income will decrease by $143,000.

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