Revenue is calculated by the number of goods sold times the price of those goods. It is different from profit, which is revenue minus costs.
Higher prices will likely not lead to increased revenue because as prices rise, demand falls and therefore the number of units sold changes.
Anthony needs to ensure he is not in conflict of interest and if the xyz company that he is auditing offers him a CFO position, then that definitely would put him in conflict of interest so he would have to quit the audit team if he wished to accept the position, to preserve his integrity.
Answer:
Basic level
Explanation:
Obeying the law is the basic demand of constitution of any country from its citizens. It is basically following the general rules of being the citizen of country.
Ethical behavior is about being morally right in your actions, it is no where defined properly what is ethical, sometimes even unethical behavior does not count in illegal behavior.
As for example if my colleague asks for a pen, and I do not help him, even though I have extra pen, is unethical behavior but it is not illegal.
But since it is unethical it is not correct morally, although all the legal actions are ethical.
Answer: As the CEO of a home appliance manufacturing company, <em><u>it lies upon us to work thoroughly while reviewing our company's strategy. </u></em>
If, while comparing our stock market valuation to that of our closest competitor, we note that our firm is currently valued at $50 billion, while our competitor is valued at $40 billion, e<u><em>ven then we shouldn't work hastily and ponder upon any conclusion. </em></u>
In such situation it'll be better if we,<em><u> compare the current valuations with past valuations to determine if we can find a trend. We should first analyze on what made us more competitive, as this strategy will help us to sustain longer in the market. </u></em>
Answer:
A mutual fund advisor who informs investors about risks is following the law when it comes to protecting investors’ funds
Explanation: