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iragen [17]
2 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]2 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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The Rogers Corporation has a gross profit of $704,000 and $333,000 in depreciation expense. The Evans Corporation also has $704,
Reil [10]

Answer:

a. Cash Flow Rogers =  $441,000

Cash Flow Evans = $327,520

b. $113,480

Explanation:

The computation of the cash flow for both companies are shown below:

a. For Cash Flow Rogers

= Gross profit - Selling and administrative expense - income tax expense + depreciation expense × tax rate

where,  

Income tax expense = (Gross profit - Selling and administrative expense) × income tax rate  

= ($704,000 - $191,000) × 40%  

= $205,200

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $704,000 - $191,000 - $205,200 + $333,000 × 40%

= $307,800 + $133,200

= $441,000

For Cash Flow Evans

= Gross profit - Selling and administrative expense - income tax expense + depreciation expense × tax rate

where,  

Income tax expense = (Gross profit - Selling and administrative expense) × income tax rate  

= ($704,000 - $191,000) × 40%  

= $205,200

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $704,000 - $191,000 - $205,200 + $49,300 × 40%

= $307,800 + $19,720

= $327,520

b. The computation of the difference in cash flow between the two firms are shown below:

= Cash Flow Rogers - Cash Flow Evans

= $441,000 -  $327,520

= $113,480

5 0
2 years ago
The joint planning and execution community uses _____ to develop plans for a broad range of potential emergencies based on tasks
Zolol [24]
The use the spreadsheet to develop plans
6 0
3 years ago
Which language is the most common for worldwide trade and business?
Brrunno [24]
I Think English is the most common Language for worldwide trade and business

8 0
3 years ago
Read 2 more answers
An emergency fund should NOT be used for...
nadya68 [22]

Answer:

An emergency fund should not be used for buying things you wan't, but an emergency fund should be used for buying the nessecities like things you need

Explanation:

Hope this helps!!! ✌

(if this did not help, please let me know)

5 0
2 years ago
Use the compound interest formula to determine the accumulated balance after the stated period. ​$60006000 invested at an APR of
My name is Ann [436]

Answer:

The final value of the investment after 3 years is $7,146.10

Explanation:

Giving the following information:

Investment= $6,000

Interest rate= 6​% compounded annually

The number of years= 3 years.

To calculate the final value, we need to use the following formula:

FV= PV*(1+i)^n

FV= 6,000*(1.06^3)

FV= $7,146.10

The final value of the investment after 3 years is $7,146.10

3 0
3 years ago
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