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BARSIC [14]
3 years ago
12

Which ethical standard is based on the notion that life in community yields a positive outcome for the individual, requiring eac

h individual to contribute to that community?
Business
1 answer:
KATRIN_1 [288]3 years ago
8 0
The answer is common good<span>.


Requests to the common good have additionally surfaced in talks of business' social obligations, exchanges of ecological contamination, dialogs of our absence of interest in instruction, and discourses of the issues of wrongdoing and neediness. All around, it appears to be, social observers are asserting that our most major social issues become out of a broad quest for individual interests. </span>
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The Rogers Corporation has a gross profit of $704,000 and $333,000 in depreciation expense. The Evans Corporation also has $704,
Reil [10]

Answer:

a. Cash Flow Rogers =  $441,000

Cash Flow Evans = $327,520

b. $113,480

Explanation:

The computation of the cash flow for both companies are shown below:

a. For Cash Flow Rogers

= Gross profit - Selling and administrative expense - income tax expense + depreciation expense × tax rate

where,  

Income tax expense = (Gross profit - Selling and administrative expense) × income tax rate  

= ($704,000 - $191,000) × 40%  

= $205,200

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $704,000 - $191,000 - $205,200 + $333,000 × 40%

= $307,800 + $133,200

= $441,000

For Cash Flow Evans

= Gross profit - Selling and administrative expense - income tax expense + depreciation expense × tax rate

where,  

Income tax expense = (Gross profit - Selling and administrative expense) × income tax rate  

= ($704,000 - $191,000) × 40%  

= $205,200

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $704,000 - $191,000 - $205,200 + $49,300 × 40%

= $307,800 + $19,720

= $327,520

b. The computation of the difference in cash flow between the two firms are shown below:

= Cash Flow Rogers - Cash Flow Evans

= $441,000 -  $327,520

= $113,480

5 0
3 years ago
Marx and Springsteen provides​ hair-cutting services in the local community. In February, the business cut the hair of 200 ​clie
ozzi

Answer:

Cost of service to provide one haircut is $ 11.04

Explanation:

Hair saloon expense: $500

Building rent expense: $1,458

Utilities expense: $200

Depreciation expense --- Equipment: $50

Total operating cost = Hair saloon expense + Building rent expense + Utilities expense + Depreciation expense

= $500 + $1,458 + $200 + $50

= $ 2,208

Total hair cuts = 200

Therefore, cost per hair cut = Total operating cost ÷ Total hair cuts

= $2,208 ÷ $200

=  $ 11.04

5 0
3 years ago
On December 1, 2021, the company received $9,000 in cash from another company that is renting office space in Falwell’s building
MrMuchimi

Answer:

From all indications,the two rents received have been posted wrongly, I want to believe that you are required to post the adjusting entries,hence my answer below:

The first $9000 was posted to deferred revenue,whereas only two months should have been

First rent:

DR Deferred revenue $3000

CR Revenue                 $3000

Second Rent

DR Revenue                  $6000

CR Deferred revenue    $6000

Explanation:

The first $9000 was posted to deferred revenue,whereas only two months should have been deferred and December rent recognized as rent.

As far as the second rent is concerned only one month has been earned,as a result the revenue should be credited with just $3000  for December.

This then mean that revenue from the second property has been overstated in December by $6000,this necessitated by adjustment above.

8 0
3 years ago
Ace Leasing acquires equipment and leases it to customers under long-term sales-type leases. Ace earns interest under these arra
raketka [301]

Answer:

The lease payment will be for $ 113,751.173  during 5 years beginning at the moment the lease is signed

Explanation:

First, we discount the payment at the end of the lease

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $150,000

time        5 years

rate        0.06

\frac{150000}{(1 + 0.06)^{5} } = PV  

PV   112,088.7259

Now we subtract form the 620,000 to know the amount to be perceived form the lease payment:

620,000 - 112,089 = 507.911‬

Now we solve  the PMT which makes the annuity-due of 5 payment at the beginning of the period:

PV \div \frac{1-(1+r)^{-time} }{rate} (1+r)= C\\

PV $507,911.0000

time 5

rate 0.06

[tex ]507,911 \div \frac{1-(1+0.06)^{-5} }{0.06}(+0.06) = C\\[/tex]

C  $ 113,751.173

3 0
3 years ago
One defining characteristic of pure monopoly is that the:.
ipn [44]

Answer:

No close substitutes for the product exist and there is one seller.

Explanation:

3 0
2 years ago
Read 2 more answers
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