1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stells [14]
3 years ago
6

You have just taken over your family’s printing business. It is important to you that the business has a positive impact on your

employees and society in general, while limiting any negative impacts. For each example below, identify the impact on society.
1. Increase employment
2. Offer valuable products
3. Environment damage
4. Improve the quality of life
5. Health and safety risks

a. Some of your printing processes utilize chemicals that require press operators to wear masks during production. _____________
b. Because of increased profits in the last 5 years, you have been able to increase staffing levels by 25%. _____________
c. The business is a member of the local Chamber of Commerce and supports local community charities. _____________
d. The business is the only one in town to offer 48-hour turnaround on printing projects. __________
e. The business uses ink that is shipped in bulky, non-recyclable ink containers. ____________
Business
1 answer:
Nimfa-mama [501]3 years ago
5 0

Answer:

a. Some of your printing processes utilize chemicals that require press operators to wear masks during production.<u> </u><u>Health and safety risks.</u>

Those chemicals present a health and safety risk because a person can get sick if they do not wear the masks.

b. Because of increased profits in the last 5 years, you have been able to increase staffing levels by 25%. <u>Increase employment.</u>

<u></u>

c. The business is a member of the local Chamber of Commerce and supports local community charities. <u>Improve the quality of life</u>

The business supports local charities which shows that it aims to improve the quality of life.

<u></u>

d. The business is the only one in town to offer 48-hour turnaround on printing projects. <u>Offer valuable products</u>

The business is the only one offering this service so it is offering valuable services.

<u></u>

e. The business uses ink that is shipped in bulky, non-recyclable ink containers. <u>Environment damage</u>

Ink is bulky and containers are non-recyclable. This will cause environmental damage.

You might be interested in
Jones Company bought Wood Company in 2020 and appropriately recorded $750,000 of goodwill related to the purchase. On December 3
Alex

Answer: $0

Explanation:

Wood company's value is carried in Jones company books as $5,100,000 which is less than the fair value of $6,000,000. There is therefore no goodwill because the fair value is larger than the carrying value and goodwill only exists if the reverse is the case.

If there is no goodwill, there can be no goodwill impairment so goodwill impairment recognized in 2021 is $0.

7 0
3 years ago
On March 1, Squire Company purchased a new stamping machine with a list price of $24,000. The company paid cash for the machine;
Nikitich [7]

Answer:

C. $25,960

Explanation:

Cost of asset includes all the cost involved to acquire and install the asset. In simple term all the costs that are necessary to make the asset usable are capitalised and added to the cost of the asset.

In this question stamping machine has following cost which need to be capitalised.

Discounted Price = $24,000 x ( 100% - 3% ) = $24,000 x 97% = $23,280

Transportation cost = $550

Sales Tax = $1,680

Installation cost = $450

Total cost to be capitalized = $23,280 + $550 + $1,680 + $450 = $25,960

Routine Maintenance cost is the routine / period cost which incur every month, It is not necessary to make the asset usable and it is incurred after the asset is used.

5 0
3 years ago
Read 2 more answers
Compass Inc. purchased 1250 bags of insulation, on account, from Glassco Inc. The bags of insulation cost $5.50 each. Compass pa
Alina [70]

<u>Solution and Explanation:</u>

<u>Journal entry to record the purchase the bags of insultaion.</u>

Date            Particulars                                  Debit                       Credit

                 Inventory                                       $6875

                 accounts payable                                                        $6875

(Purchased insulated bags from Glassco Inc., 1250bags at the rate $5.5 each)

<u>entry to record the payment for shipping</u>

                Inventory                                          $320

                   cash                                                                           $320

( paid shipping charges for bags to warehouse)

<u>entry for return of the defective bags</u>

              accounts payable                                 $275

                   Inventory                                                                       $275

( returned defective bags to glassco Inc)

<u>To record the payment for the bags kept by compass.</u>

          Accounts payable                                        $6600

            cash                                                                                           $6600

( payment for remaining bags to Glassco Inc., )

4 0
3 years ago
A U.S.-based importer, Zarb Inc., makes a purchase of crystal glassware from a firm in Switzerland for 39,960 Swiss francs, or $
IRINA_888 [86]

Answer:

e. $638

Explanation:

payment to be made as per forward contract (IN $)

= 39960/ 1.682  

= $23757.43  

now the actual rate after 90 days is 1.638

payment at 1.638 rate = 39960/ 1.638

                                    = $24395.6  

loss by hedging = $24395.6 - $23757.43  

                           = $638.17

Therefore, The U.S. firm have saved or lost $638 in U.S. dollars by hedging its exchange rate exposure.

4 0
3 years ago
Question 8 of 10
kirill115 [55]

Answer:

A. A balance sheet shows the total assets, liabilities, and owner's

equity at the end of the period

Explanation:

As we know that

The income statement recognized only the income earned and expenses incurred of an organization

While on the other hand the balance sheet shows the financial position, profitability of the company. It involves assets, liabilities and stockholder equity

So according to the given options, the option A is correct

hence, the rest of the options would be incorrect

6 0
3 years ago
Other questions:
  • Vanessa’s snowboard manufacturing company has encountered problems with one of its computerized decal makers. Vanessa might get
    12·1 answer
  • jonathan is a photographer. he has been hired by a company to shoot an advertisement for their product. which role does Jonathan
    7·2 answers
  • Marigold Corp. has beginning work in process inventory of $164000 and total manufacturing costs of $286000. If cost of goods man
    8·1 answer
  • Waterstone Industries is setting standard costs for one of its products. The main material is fiber board sold by the square foo
    5·1 answer
  • Pronghorn Corp has 3,200 shares of 8%, $103 par value preferred stock outstanding at December 31, 2017. At December 31, 2017, th
    12·1 answer
  • Robert sold his Lebec Corporation stock to his sister Karen for $8,000. Robert's cost basis in the stock was $15,000. Karen late
    6·1 answer
  • A series of five constant-dollar (or real-dollar) uniform payment of $897.63 is made begining at the end of first year. Assume t
    10·1 answer
  • Eastern Electric currently pays a dividend of about $1.96 per share and sells for $37 a share. A. If investors believe the growt
    5·1 answer
  • Identify which cost of inflation—menu costs or shoe-leather costs—is illustrated in each of the scenarios.
    6·1 answer
  • snowpeak ski resort offers a price for a lift ticket that is barely over its marginal cost, but the high equipment rental fee ke
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!