Answer:
<u>compliance-based.</u>
Explanation:
Compliance-based ethics is characterized as a set of rules and regulations determined by an organization for its employees to base on when performing their activities within the company.
It is implemented by companies so that the activities of employees comply with the rules and laws that companies must follow.
This model divides expert opinions because they believe it does not motivate employees to set ethical thoughts and actions out of a positive bias, but out of fear of punishment and losing their job position.
What happens is that ethics and legality are not the same thing; a company may comply with its compliance-based code of ethics, but still engage in unethical behavior.
Answer:
-2.23%
Explanation:
The formula to compute the cost of common equity under the DCF method is shown below:
= Current year dividend ÷ price + Growth rate
In first case,
The current dividend would be
= $0.85 + $0.85 × 5%
= $0.85 + $0.0425
= $0.8925
The other things would remain the same
So, the cost of common equity would be
= $0.8925 ÷ $20 + 5%
= 0.044625 + 0.05
= 9.46%
In second case,
The price would be $40
The other things would remain the same
So, the cost of common equity would be
= $0.8925 ÷ $40 + 5%
= 0.0223125 + 0.05
= 7.23%
The difference would be
= 7.23% - 9.46%
= -2.23%
Answer:
The correct option is C.
Explanation:
Based on<em> IFRS 15 Revenue from Contracts</em> <em>with Customers:</em>
- a contract is an agreement between two or more parties that creates enforceable rights and obligations.
- revenue is an income arising in the course of an entity's ordinary activities.
The recognition of income arising from the supply of garbage bins and cleaning services is<em> bona fide</em>, since the two services are in the company's ordinary activities.
- When the supply of the garbage bins took place, delivery took place and ownership has been transferred to the client, so Binz Company can recognize the income as earned.
- The contract for 5-year cleaning services has to be recognized over the service year in line with accrual principle in accounting.
Answer:
amount of interest due after 6 month is $1344
Explanation:
given data
borrowed P = $42,000
interest rate = 6.4% = 0.064
time period = 6 month = 0.5 year
solution
we get here interest amount on 6 month that is express as
interest = principal × rate × time ..........1
put her value and we get
interest = 42,000 × 0.064 × 0.5
interest = $1344
so amount of interest due after 6 month is $1344
Answer:
The material purchase is $176,350
Explanation:
The computation of material purchase is to be done by applying the formula which is shown below:
= Direct material used + ending balance of direct materials - beginning balance of direct material
= $161,950 + $140,150 - $125,750
= $176,350
The other items which are mentioned in the question are irrelevant. Hence, it is not to be considered in the computation part.