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Ugo [173]
1 year ago
9

When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regio

nally, it is called:
Business
1 answer:
Nookie1986 [14]1 year ago
6 0

Global Corporate Citizenship is when a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally.

<h3>What is Global Corporate Citizenship?</h3>

Global Corporate Citizenship are the concerted efforts companies make to contribute to the improvement and sustainability of their immediate environment and other environment.

Here, a company would put its effort to providing social and environmental duties.

Learn more about Global Corporate Citizenship here: brainly.com/question/14695520

#SPJ1

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​GEICO, the​ number-two auto insurer with ​$15 billion in revenue last​ year, spent ​$0.80 billion on advertising that year and
goblinko [34]

Answer:

The company will budget $0.91 billion for advertising

Explanation:

Determine the initial percentage of sales spent in advertising is as shown;

initial percentage of sales=(amount spent in advertising/total revenue)×100

where;

amount spent in advertising=0.8 billion

total revenue=15 billion

replacing;

initial percentage of sales=(0.8/15)×100=5.33%

Determine forecasted percentage of sales as shown;

forecasted sales=initial percentage×forecasted sales

forecasted advertising=5.33% ×17 billion

forecasted advertising=$0.91 billion

The company will budget $0.91 billion for advertising

3 0
3 years ago
Data related to the inventories of Costco Medical Supply are presented below:
Lerok [7]

Answer:

146

Explanation:

The computation is shown below

<u>Particulars       Surgical         Surgical     Rehab                Rehab    </u>

<u>                         Equipment    Supplies    Equipment        Supplies</u>

Cost (A)              151                    103            256                    153

Selling price       272                  135            342                    153

Less:

cost to sell            18                   10                 18                    7

Net realizable

value (B)                254             125                   324             146

<u>Lower of A & B     151                 103                256                146</u>

7 0
3 years ago
Harlon accounts for its equity investment portfolio at fair value through net income. Harlon sold its holdings of A Corporation
mixas84 [53]

The sale of the A Corporation stock and the subsequent purchase of the C Corporation stock on Harlon's pretax earnings results in an unrealized holding gain.

The unrealized holding gain occurs because the Harlon Corporation reinvested the sale proceeds with the purchase of C Corporation stock. While the pretax earnings will increase by the gain (difference between the sale proceeds and the investment's book value), the unrealized holding gain <em>is not taxable.</em>

Thus, the effect of the sale increases the pretax earnings in the financial statements but the purchase of another investment cancels its taxation effect for the current moment.

Learn more: brainly.com/question/24188658

6 0
2 years ago
First, look up a treaty via the Internet or a book, cite your source, and answer the following questions in a report of at least
velikii [3]

Answer:

you are so (MAD)

Explanation:

5 0
2 years ago
1. Barry Cain invested $38,000 cash to start an appliance repair business. 2. Hired an employee to be paid $500 per week, starti
attashe74 [19]

Answer:

No.    Account Titles & Explanation             Debit          Credit

1.

       Cash                                                  $38,000

       Barry Capital Account                                         $38,000

2.

       No Entry Requires as Employee are only Hired there id no financial transaction involved in hiring the employees only.

3.

       Prepaid Rent                                     $10,800

       Cash                                                                     $10,800

4.

       Wages Expense                                $500

       Cash                                                                     $500

5.

       Cash                                                  $2,900

       Revenue                                                               $2,900

Explanation:

1. Cash paid is the capital contribution in the business so cash account will be debited and capital account will be credit as per their nature.

2. Hired an employee does not need any transaction as there is no financial  involvement in just hiring an employee.

3. Prepaid expense is actually an asset for us as we paid expenses in advance which is not incurred yet. It will be recognized as expense with passage of time.

4. Payment to worker is an expenses against a credit to cash as wage is paid in cash.

5. Revenue earned should be recorded and also received so cash will be debited for the receipt from sales and revenue shold be debited due to its nature of account.

8 0
3 years ago
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