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4 years ago

When a businessperson makes a decision based on his or her fundamental ethical duty to “do no harm,” that person is practicing?

1 answer:

Montano1993 [528]4 years ago

8 0

It seems that you have missed the necessary options for us to answer this question, so I had to look for it. Anyway, here is the answer. <span>When a businessperson makes a decision based on his or her fundamental ethical duty to “do no harm,” that person is practicing MORAL IDEALISM. Hope this answers your question.</span>

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Last month when Holiday Creations, Inc., sold 37,000 units, total sales were $315,000, total variable expenses were $239,400, an

gladu [14]

Answer:

Explanation:

1. What is the company’s contribution margin (CM) ratio?

= sales - variable cost/ sales

= $315,000 - $239,400/$315,000

= $75,600/$315,000

= 0.24 x 100

= 24%

2. What is the estimated change in the company’s net operating income if it can increase total sales by $1,100?

Net operating income

= sales - variable cost - fixed cost

= $315,000 - $239,400 - $39,000

= $36,600

Change in operating income

= $316,100 - $239,400 - 39,000

= $37,700

Contribution margin ratio

= $316,600 - $239,400/316,600

= $77,200/$316,600

= 0.24 x 100

= 24%

Estimated change

=Change in total sales x CMR

= $1,100 x 24%

= $264

6 0

4 years ago

An investor thought that market interest rates were going to decline. He paid $19,000 fora corporate bond with a face value of $

iren2701 [21]

Answer:

$22,251

Explanation:

Coupon rate = $2,000

Now, we calculate the seired sale price of the bonds:

19,000 = 2,000[P/A, 14%, 4] + S[P/F. 14%, 4]

19,000 = 2,000(2.9137) + S(0.592)

S = (19,000 - 5,827.4) / 0.592

S = 22251.01351351351

S = $22,251

So, he have to receive $22,251.

5 0

3 years ago

The hidden-cost fallacy occurs when a. A firm considers irrelevant costs b. A firm ignores relevant costs c. A firm considers

Phantasy [73]

Answer:

The correct answer is c. A firm considers overhead or depreciation costs to make short-run decisions

Explanation:

As Professor Adam Grant suggests, sunk costs have an important effect on our decisions, but there are three factors that influence us even more: anticipated regret ("will I regret it if I don't give the project another chance?"), project completion ("if I continue to invest, I will finish the project successfully") and the threat of ego ("if I do not continue betting on the project, I will seem a failure"

A good option is to prevent these three factors from occurring and constantly ask for feedback from those around us (collaborators, partners, friends). If we ignore the opinions that go against what we think, we will be putting the project at risk without realizing it. On the contrary, those who do not mind "swallowing pride" in the short term will make better decisions in the long term. On the other hand, separating the project from the person, the entrepreneurial venture, will help us not to take the recommendations of our environment personally and to react much more quickly and quickly.

8 0

4 years ago

Which of the following types of credit is issued and supported by a borrower's

kolezko [41]

Answer:

Answer is B. Unsecured credit.

6 0

4 years ago

Suppose the U.S. government cuts back on government spending and increases taxes in an effort to reduce the budget deficit. What

abruzzese [7]

Answer:

d. There would be a decrease in the current account and an increase in the capital account.

Explanation:

The balance of payment in accounting typically comprises of capital account and current account, it is used for the recording of business transactions between two countries. Capital accounts are used to record any trade between two countries relating to financial assets and liabilities.

The current account is used to record trades relating to import and export of goods and services in a country.

Hence, if the U.S. government cuts back on government spending and increases taxes in an effort to reduce the budget deficit. The effect of these changes on the U.S. balance of payments is that there would be a decrease in the current account because it has no effect on the value of assets and liabilities, thereby affecting the export and import of goods and services.

Also, there would be an increase in the capital account due to the fact that the government tends to borrow more and seeks foreign investors.

4 0

4 years ago