Matthew manages the sales team at an information technology (IT) firm. His focus is to conduct business in accordance with his firm's mission and vision, while making as much money as possible for the firm and conforming to the basic rules of the society. He ensures that his actions embody ethical custom. In this scenario, Matthew's view of corporate social responsibility is most likely rooted in the <u>Utilitarian </u>tradition.
Explanation:
Utilitarianism is a ethical theory which talks about the right and the wrong actions of an individual.This theory advocates that the action that brings happiness to the society and also increases the utility in the society as a whole is called a morally correct action.
This theory was proposed by Jeremy Bentham and John Stuart Mill.
In simple words an action is termed as right if it promotes happiness in the society and is termed bad it it brings unhappiness in the society
So we can say that Matthew's view of corporate social responsibility is most likely rooted in the <u>Utilitarian </u>tradition.
Answer:
65,232
Explanation:
Webster Corporation
Budgeted direct labor cost for quarter
= Total production * hours required * rate
= (2940+2730+3390)*0.6*12
=$9,060*7.2
= 65,232
There are 4 stages in the evolution of partnering represented by 4As. First is ADVISE, in this stage you express your interest in becoming his partner and communicate the intention of your product/business. Next is ACCLIMATE, this stage is when your potential partner understands the product/business. Then, ACTIVATE. This stage is when you start planning strategies with your partner on how to sell the product. Lastly, ACCELERATE your strategies into reaching greater consumer market.
Answer:
Secondary mortgage market
Explanation:
The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors
here the transfer is to be done with respect to the mortgages that are previously existed between the investors
Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered
Answer and Explanation:
The computation is shown below:
1, The cost of debt before tax is
Given that
NPER = 10%
PMT - $1,000 × 7% = $70
PV = $886
FV = $1,000
The formula is given below:
= RATE(NPER;PMT;-PV;FV;TYPE)
After applying the above formula, the before tax cost of debt is 8.76%
2. The after tax cost of debt is
= 8.76% × (1 - 0.30)
= 6.13%
3. The total equity is
= $20 per share × 2million shares
= $40 million
4. The cost of equity is
= Risk free rate of return + Beta × (Market rate of return - risk free rate)
= 4% + 1.2 × (9% - 4%)
= 10%
5. The weight of debt is
= ($886 × 20 ÷ $1,000 ) ÷ (886 × 20 ÷ $1,000 + $40)
= 30.70%
6. The WACC is
= Weight of debt × after tax cost of debt + weight of equity × cost of equity
= 30.70% × 6.13% + (1 - 0.3070) × 10%
= 8.81%