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klemol [59]
3 years ago
13

Ethisphere is a socially conscious research organization that analyzes and reports on corporate social responsibility efforts. T

his is an example of a(n)_______
Business
1 answer:
9966 [12]3 years ago
3 0

The Ethisphere is a profit making company /Institute i that defines and measures corporate ethical standards,of a company.

Explanation:

  • The Ethisphere institute recognizes companies that excel, and promotes best practices in corporate ethics. This  institute  is located in Scottsdale, Arizona.
  • Ethisphere honors the companies that abide by the Corporate social ethics by its program which is known as World's most Ethical Companies recognition Programme

  • Ethisphere is a socially conscious research organization that analyzes and reports on corporate social responsibility efforts. This is an example of a <u>Watchdog Group</u>
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All of the following assets require a title as proof of ownership, except: Group of answer choices Life insurance. Boat. Home. V
bearhunter [10]

Answer:

Life insurance.

Explanation:

A life insurance policy can be defined as a contract between a policyholder and an insurer, in which the insurer agrees to pay an amount of money to a specific beneficiary either upon the death of the insured person (decedent) or after a set period of time.

All of the following assets such as home, boat, vehicle require a title as proof of ownership, except a life insurance because no one person can present a proof to attest to the ownership of their life.

Simply stated, a life of an individual is abstract and as such can not be quantified or qualified by any document as a proof to be presented to another person or business entity. Thus, a life insurance cannot be used as a collateral to obtain credits or loans from a financial institution or investors.

3 0
3 years ago
Teams commonly used by companies like​ Toyota, Ford, and​ Cisco, which can coordinate complex projects with individuals from sim
Kitty [74]

Answer: ​Cross-functional

Explanation:

A ​cross-functional team is a group of organization that works together to achieve a functional goal. Toyota, Ford, and​ Cisco are doing so in this narrative.

4 0
3 years ago
Frozen Ice-cream Corporation (FICC) has the following items for the month of December 2020. Please use this information to answe
Anna35 [415]

Question Completion:

Unearned revenue is assumed to be $1,500 and not $2,000.

Answer:

Frozen Ice-cream Corporation (FICC)

Income Statement for the month of December 2020:

Revenue - Ice-cream sales                  $180,000

Salaries expense          $160,000

Rent expense                 $12,000

Utilities expense              $6,000          178,000

Income before tax                                  $2,000

Income tax (25%)                                         500

Net Income                                             $1,500

Retained earnings (December 1, 2018)    $17,000

Net income                                                  $1,500

Dividends                                                    $1,000

Retained earnings (December 31, 2018) $17,500

FICC's total revenue is $180,000.

Explanation:

a) Data and Calculations:

Trial Balance

Account Titles                      Debit     Credit

Cash                                     $9,000

Accounts receivable            $4,500

Ice-cream inventory            $8,500

Prepaid Insurance               $3,000

Equipment                        $95,000  

Accounts payable                                  $40,000

Unearned revenue                                   $1,500

Note payable (payable in 5 years)       $60,000

Common stock                                           $500

Retained earnings (December 1, 2018) $17,000

Revenue - Ice-cream sales                  $180,000

Salaries expense          $160,000

Rent expense                 $12,000

Utilities expense              $6,000

Dividends                          $1,000

Totals                          $299,000      $299,000

Income tax rate 25%

7 0
3 years ago
In 2018, the Barton and Barton Company changed its method of valuing inventory from the FIFO method to the average cost method.
babunello [35]

Answer: The journal entry is as follows:

Explanation:

Given that,

Barton and Barton company's inventories were $32.6 million at December 31st, 2017

But the records of B and B's company indicated that inventories would have totaled $24.1 million  December 31st, 2017

Therefore, the journal entry for the adjustment in the records of B and B's company in 2018 is as follows:

                                             <u>Debit</u>                  <u>Credit</u>

Retained Earnings A\c       $8.5 million

To Inventory                                                      $8.5 million

Retained Earnings = $32.6 million - $24.1 million

                               = $8.5 million

6 0
3 years ago
A.Find the circumference of the tire.
Dvinal [7]

Answer:

Most common automobile tires are within a few inches of 25″ in diameter, so they cover 2π × 25″ ≈ 157″, or about 13 feet in a complete revolution. So to cover a mile, which is 5280 feet, they'd have to rotate 5280/13 ≈ 406 times.

Explanation:

5 0
3 years ago
Read 2 more answers
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