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3 years ago

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.

1 answer:

8 0

True. It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.

If a company produces and sells a fault product, they are liable for what happens next. If a customer was hurt when using the product correctly, they are at fault. Ethically and morally correct would be to stand up for their product, accept responsibility and help the customer.

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Feiler Corporation has total current assets of $493,000, total current liabilities of $357,000, total stockholders' equity of $1

Citrus2011 [14]

Answer:

The answer is C.

Explanation:

Current ratio shows the liquidity of of a company. This ratio tells us how a company or business is able to meet its short obligation.

This ration is very important to lenders because they use it to know of you will be able to meet the interest payment and principal

The formula for current ratio is:

Current assets/current liabilities

Total current assets is $493,000, Total current liabilities is $357,000

= $493,000/$357,000

=1.38

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3 years ago

Jasper makes a $44,000, 90-day, 9% cash loan to Clayborn Company. Jasper's entry to record the collection of the note and intere

vovikov84 [41]

Jasper's entry to record the collection of the note and interest at maturity should be:

Debit Cash Account 44,990

Credit Interest Income $990

Credit Notes Receivable $43,000

The amount collected is:

Cash collected

= $44,000 Amount lend + Interest Income

And

Interest Income

= Amount lend * Interest Percent * For the days / 360

= $44,000 * 9% * 90 / 360

= $990

Now putting the interest income value in the above equation, we have:

Cash collected

= $44,000 Amount lend + $990

= $44,990

So the cash is increase by $44,990 interest income increased is by $990 and the Note receivable is at amount issued which has been decreased by $44,000.

Learn more about Journal entry here: brainly.com/question/14972126

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3 0

2 years ago

Explain how the government is both a consumer and a producer and give one example of th

natita [175]

The government is an consumer because they trade with other countries to get goods that their country need and they are also a producer because they produce strategies for their government to make our communities around the world more better and advanced.

3 0

3 years ago

You buy a 7 percent, 25-year, $1,000 par value floating rate bond in 1999. By the year 2004, rates on bonds of similar risk are

SVEN [57.7K]

Answer:

The best guess to the value of bond is $1000.

Explanation:

The best guess to the value of a bond is $1000 because the flotation rate bonds are those bonds where coupon rate varies according to the market situation. Therefore, we can say that the coupon rate in the case of flotation bonds is based upon the rate of LIBOR, etc. Generally, the bond value remains the same and there will be no capital gain or loss to the investor.

7 0

3 years ago

When choosing between two alternatives, such as replacing or not replacing the machine, do not include _______ costs in the anal

zysi [14]

Answer:

Head Office Cost Allocations

Explanation:

Usually Projects have Head Office costs that are allocated to them.

Head office costs allocated to projects will be the same for the choices of alternatives (replacing or not replacing the machine).

The Head office costs are a costs that is incurred at Head office as well.

Thus, Head Office Costs allocations are <em>irrelevant</em> and must not be included in the analysis.

4 0

3 years ago

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.​

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.