Assets are equal to

________ often assist companies and their employees with ethical issues by formally addressing contributions to government offic

spin [16.1K]

Answer: Code of ethics

Explanation: Code of ethics refers to the set of principles that guides the professionals to conduct their activities in an ethical manner. A professional can use a code of ethics when ethical dilemma arises during his job.

It assists the organizations and its members to understand the difference between right and wrong, and helping them to make ethical decisions.

Hence from the above explanation we can conclude that the correct answer is code of ethics.

4 0

3 years ago

A small foundry agrees to pay $220,000 two years from now to a supplier for a given amount of coking coal. The foundry plans to

MaRussiya [10]

Answer:

A) $24,602

Explanation:

We can solve this question by finding the periodic deposits needed by using the formula:

$FV=PMT*\frac{(1+i)^n-1}{i}$

where:

FV= future value = $220,000

PMT = periodic deposits required = ???

i = effective interest rate per period = 0.0331

n= number of deposits = 8

However, since the interest is compounded monthly, let's also calculate the effective interest rate

Effective interest rate = $(1+\frac{r}{m}) ^m-1$

where; r = 12.5% = 0.125

$(1+\frac{0.125}{12})^{12} -1$

= 0.1324

Interest rate per period = $\frac{0.1324}{4}$

= 0.0331

Then;

$220,000=PMT*\frac{(1+0.033)^8-1}{0.033}$

220,000 = PMT × 8.986

PMT = $\frac{220,000}{8.986}$

PMT = $ 24,482.5

Since A) $24,602 is closer to $ 24,482.5

Therefore, $ $24,602 must be deposited every three months

3 0

3 years ago

The last step of the human resource planning system is to: publish a human resource inventory listing the names, ages, job title

Anastaziya [24]

The last step of the human resource planning system is to: establish a strategic plan for recruiting, selecting, training, appraising, compensating, and scheduling the labour force

Explanation:

Human Resource Planning (HRP) is the method of forecasting the company's future human resource demands and deciding how the company's existing human resources expertise can be used to meet these requirements.

The strategy employed by the company to keep a steady supply of qualified personnel while avoiding vacancies or surpluses in its workforce is human resources preparation. A successful HRP approach will mean a company's competitiveness and profitability.

The HRP process consists of four key steps:

These include study of current labour supply,
Labour demand forecasts,
The balance of expected job demand and supply, and
Support for organisational priorities.

7 0

3 years ago

Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.1 million, gross profit of $9.00 million, EBIT of $

Lera25 [3.4K]

Answer:

The answer is shown below:

Explanation:

The computations are shown below:

1. Gross Profit margin in percentage is

= Gross profit ÷ Net sales × 100

= $9 million ÷ $14.1 million

= 63.83%

2. Net Profit margin percentage

= Net income available to common stockholders ÷ Net sales × 100

= $4.8 million ÷ $14.1 million

= 34.04%

3. Operating Profit margin percentage is

= EBIT ÷ Net sales × 100

= $7.2 million ÷ $14.1 million

= 51.06%

Basic Earning Power in percentage

= EBIT ÷ Total Assets

= $7.2 million ÷ $54.1 million

= 13.31%

Return on assets is

= Net Income ÷ Average Assets

= $4.8 million ÷ $54.1 million

= 8.87%

Return on Equity is

= Net income ÷ common stockholders' equity

= $4.8 million ÷ $22.6 million

= 21.24%

And,

Dividend Payout ratio is

= common stock dividends ÷ net income available to common stockholders

= $2.8 million ÷ $4.8 million

= 58.33%

6 0

3 years ago

Eric needs help with his credit problems. Which organization is considered a good, reputable source of information on how to sol

andrey2020 [161]

The correct answer is option (b) National Foundation for Consumer Credit (US)

Credit problem solution can be provided by National Foundation for Consumer Credit (US).

<h3>What is National Foundation for Consumer Credit (US)?</h3>

A network of non-profit credit counselling groups operates nationally under the name of National Foundation for Credit Counseling (NFCC). People who have taken on too much debt can benefit from counselling in order to avoid filing for bankruptcy, which is one of the main services offered by NFCC member organisations.

If you need help with your money, contact Consumer Credit Counseling Services (CCCS), a membership organisation of regional nonprofit organisations. Consumer finance businesses, banks, credit card issuers, and other lenders all make voluntary contributions to CCCS.

Revolving credit and instalment credit are the two types of consumer credit. Revolving credit works similarly to a credit card in that the borrower is given permission to utilise a certain amount of credit whenever they need it.

To learn more about credit visit:

brainly.com/question/1475993

#SPJ13

8 0

1 year ago