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iragen [17]
3 years ago
15

Even though much of the wealth of the industrialized nations relies on the resources and markets in the developing world, that i

s not a reason to believe that taking steps to relieve poverty in these countries is an ethical duty of the citizens and business of the industrialized world rather than a simple act of charity.True/False
Business
1 answer:
sergij07 [2.7K]3 years ago
8 0

Answer:

False.

Explanation:

Taking steps to relieve poverty in these countries is an ethical duty of the citizens and business of the industrialized world rather than a simple act of charity. Organisations those who are proactive, acting in the developed countries, have the practice of being ethical to those developing countries. Thus they promote sustainability.

One example is "The Body Shop", who collects the ingredients for its products from different developing countries, and they are not doing it for charity, but providing jobs to the people their on the ethical grounds.

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Tamarisk Corporation had the following activities in 2020. 1. Payment of accounts payable $711,000 4. Collection of note receiva
Lady_Fox [76]

Answer:

the Net Cash flow provided by financing activities is $385,000

Explanation:

The computation of the amount that should be reported as net cash provided or used by financing activities is shown below:

Cash flow from financing activities

Issuance of common stock $247,000

Issuance of bonds payable $522,000

Less:  Payment of dividends -$335,000

Less: Purchase of treasury stock -$49,000

Net Cash flow provided by financing activities $385,000

Hence, the Net Cash flow provided by financing activities is $385,000

7 0
3 years ago
On February 1, 2017, Pat Weaver Inc. (PWI) issued 9%, $1,500,000 bonds for $1,800,000. PWI retired all of these bonds on January
timurjin [86]

Answer:

the gain on retirement bond is $100,000

Explanation:

The computation of the gain or loss recognized on the bond retirement is shown below;

= Book value - paid at redemption

= ($1,500,000 + $157,500) - ($1,500,000 × 105%)

= ($1,657,500) - ($1,575,000)

= $100,000

hence, the gain on retirement bond is $100,000

The same is to be considered and relevant too

3 0
3 years ago
Many years after constructing a plant asset, management spent a significant sum on the asset. Which of the following types of ex
ryzh [129]

Answer:

(1) NO As this maintenaince will be done in order to keep the current value It is an expenditure to avoid decay of the plant assets

(2) Yes it should be capitalizeds as increase the useful life of the assets (thus the depreciation will change as well as the useful years remaining increases

(3) Yes it should be. As increase the utility it will have a higher future positive cashflow in the future.

Explanation:

We are asked under which circumnstances the amont spend in the maintenance or overhaul should increase the plant asset account or be considered expense of the period.

7 0
3 years ago
Read 2 more answers
Describe 2 reasons why many Midwest farmers and ranchers are welcoming wind farms and becoming developers.
Igoryamba

Explanation:

*Free fuel

*One of the cleanest form of energy

*Advance of technology

*Reduce our dependence of fossil fuel

*Doesn't disrupt farmland operations

8 0
2 years ago
You own a portfolio of two stocks, A and B. Stock A is valued at $84,650 and has an expected return of 10.6 percent. Stock B has
Gnesinka [82]

Answer:

Portfolio return = 0.1004646154 or 10.04646154% rounded off to 10.05%

Option B is the correct answer

Explanation:

The expected return of a portfolio is the function of the weighted average of the individual stock returns that form up the portfolio. The formula to calculate the expected return of a two stock portfolio is as follows,

Portfolio return = wA * rA  +  wB * rB

Where,

  • w is the weight of each stock
  • r is the rate of return on each stock

As the investment in total portfolio is 97500 and the investment in stock A is 84650, the investment in stock B will be,

Stock B = 97500 - 84650 = 12850

Portfolio Return = 84650 / 97500 * 0.106  +  12850 / 97500 * 0.064

Portfolio return = 0.1004646154 or 10.04646154% rounded off to 10.05%

7 0
3 years ago
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