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vaieri [72.5K]
1 year ago
10

an accounting association established a code of ethics for all members. the most likely primary purpose for establishing the cod

e of ethics was to
Business
1 answer:
GrogVix [38]1 year ago
8 0
The main purpose of a code of ethics is to establish basic principles in order to preserve the integrity of the business and its workers.
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Based on the following information, determine the location quotient for KuDu City and whether this city has a competitive advant
Nata [24]

Answer: 7.24

Explanation:

The location quotient for this question can be calculated by;

=  ( Employment in Amusements and Recreation in KuDu City / Total Employment in KuDu City) / (Employment in Amusements and Recreation (nationally) / Total Employment (nationally))

= (54,446/578,477) / (1,381,377/ 106,201,232)

= 7.2359

= 7.24

5 0
3 years ago
You are the director of marketing. Your department has been doing well, but the company as a whole has been losing revenue stead
sergey [27]

Answer:

Option 2

I. State the facts of the company’s financial situation

II. Explain

A. The reasons why the company needs to take drastic action

B. The benefits of the company’s strategy

III. Inform the employees they will receive a 15 percent pay cut

IV. Close with a forward-looking statement.

Explanation: Based on the above question,the most appropriate option will be option 2.

When presenting a situation to a public or a person it is very important to give a brief about the situation where the audience will be expected to understand, once the audience Understands the prevailing situation,it makes their response and acceptance easy and more likely.

OPTION TWO IS THE MOST APPROPRIATE IN THIS SITUATION AND WILL YIELD THE MOST POSITIVE RESULTS.

7 0
3 years ago
A company has developed a new cell phone which will be targeted to developing countries. It is estimated that the demand for the
Arturiano [62]

Answer:

Demand forecast.

Demand forecast is the process a business embarks on so that it can predict its future sales and demand of a product.

Explanation:

A demand forecast will assist the company to come up with decisions as regards the number and nature of people they need. The demand forecast will also help to determine the amount of workers they need for staffing a new facility so that it can operate efficiently and at it optimum.

4 0
3 years ago
Read 2 more answers
A net worth statement, insurance plan, and a budget are all part of a _____. saving and investing plan financial plan savings ac
Vera_Pavlovna [14]
<h3><u>Answer;</u></h3>

Financial plan

<h3><u>Explanation;</u></h3>
  • A net worth statement, insurance plan, and a budget are all part of a Financial plan.
  • <u><em>The parts of a good financial plan include a net worth statement, financial goals, a budget, a saving and investing plan, and an insurance plan.</em></u>
  • Financial plan is generated from financial information. There are five parts to a organize your financial information, these includes; net worth statement, financial goals, budget, saving and investing plan, and insurance plan. Another way to organize your financial information are bills, receipts, and account statements.
4 0
3 years ago
Read 2 more answers
Aloha Bags, Inc. produces student book bags that sell for $20 each. For the coming year, management expects fixed costs to be $2
netineya [11]

Solution :

a). At the break even units, the total contribution margin = fixed expenses

  We know that : (Selling price - variable cost) x units sold = fixed expenses  

    i.e.  (20-14)x = 225,000

                  6x   = 225,000

                    x = 37,500

Therefore, the number of units sold, x = 37,500

So, the break even analysis = 37,500 x 20

                                              = 750,000

b). $\text{Contribution margin ratio} = \frac{\text{(Sales - variable cost) }}{\text{sales}}$

                                              $=\frac{20-14}{20}$

                                             = 30%

    The Breakeven sales = $\frac{\text{fixed cost}}{\text{Contribution margin ratio}}$

                                         $=\frac{225,000}{30\%}$

                                         = 750,000

c). $\text{Margin of Safety ratio } = \frac{\text{(Sales - Breakeven sales)  }}{\text{sales}}$

                                        $=\frac{1,2000,000-750,000}{1,200,000}$

                                        = 37.5%

d). Units needed :

   $(20-14)x - 225,000 = 150,000$

    $6x - 225,000 = 150,000$

    $6x = 375000$

     x=62,500  units

Therefore, the sales required = 62,500 x 20

                                                 = 125,000  

4 0
3 years ago
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