4.

- Name the six business management perspectives that go beyond planning, controlling, and decision making?

wel

Answer 4:

Following are the six business management perspective:

Ethical Stance
Strategic aspects of the decision
Risk Management
CSR Aspect
Process Management Aspects
Leaders Perspective

Answer 5:

IMA stands for Institute for Management Accountants.

The IMA Statement of Ethical Professional Practice has listed following four standards for the professionals who are member of IMA to comply with:

Competence: The member must be competent in his role in accordance to his experience, skills, knowledge, complying laws & regulation and always acting ethically.
Confidentiality: Must not breach the confidentiality implied duty on him except in situations when disclosure of information is mandatory by law.
Integrity: Must be straight forward and there must be no self interest in his dealings with the company and must considerably reduced.
Credibility: Communicate the results with unbiased decision making.

Answer 6:

Because freedom does not means that our self interest is everything. We owe duty of care to people who rely on our acts. An accountant, auditor or internal auditor must act ethically or universally that benefits everyone without breaking the laws and ethical duties imposed by the professional bodies. If we go back to Enron case, we see that the External auditor was not acting in the public interest and as a result Enron which was the world's first $100 billion dollars company collapsed. The collapse of Enron bankrupt many pension companies which further affected the lives of the ordinary person in the USA. Furthermore, due to collapse of Enron, a lot of people withdraw the amount invested in Stock exchange. Dozens of companies and millions of people suffered from this unethical behaviour of professionals.

Answer 7:

Corporate Social Responsibility means that the company is just like an human being and its operations must not harm the environment, so this the least duty which the stakeholders expect from them. Being a good social beings, the companies must try to stable the environment situation in its surrounding and wherever its stakeholders live. For Example, The refinery companies have stopped poluting the oceans with their oil spills, now they have opted to newest technology that will eliminate the harmful effects of their oil spills and bring stability in the environment.

Another example includes the lower usage of natural resources. In UK it is the companies responsibility to reduce its natural resources usage which will lower the pollution. This additional care has a cost and may lead to lower competitiveness of the products so there must be a law globally that enforces to act socially responsible.

7 0

3 years ago

Beckett, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are proje

FrozenT [24]

Answer:

Beckett, Inc.

Earnings Per Share:

a-1. Earnings Per Share:

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Earnings per share:

Recession = $24,000/8,000 $3.00

Normal = $30,000/8,000 $3.75

Expansion = $35,400/8,000 $4.43

a-2. Percentage changes in EPS:

Recession = -$0.75/$3.75 x 100 = -20%

Expansion = $0.68/$3.75 x 100 = 18.13%

b-1. EPS after recapitalization:

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Interest at 8% $8,000 $8,000 $8,000

Earnings after interest $22,000 $27,400 $16,000

Earnings per share:

Recession = $16,000/8,000 $2.00

Normal = $22,000/8,000 $2.75

Expansion = $27,400/8,000 $3.43

b-2. Percentage changes in EPS:

Recession: -$0.75/$2.75 x 100 = -27.27%

Expansion: $0.68/$2.75 x 100 = 24.73%

Explanation:

1. Data:

Market Value = $200,000

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Issue of debt for $75,000 with 8% interest

Proceeds to repurchase shares of stock.

Outstanding shares = 8,000

Ignore taxes

5 0

3 years ago

An employee quits her job where she has a balance of $10,000 in her qualified plan. The balance was paid out directly to the emp

yawa3891 [41]

Answer:

$8,000, and she has to complete 60 days

Explanation:

Whenever money has to be taken out of the first plan, then it is the requirement of IRA to complete the rollover within 60 days, also the amount to be withheld is 20% this is in the case where the amount is directly paid o the concerned participant. Then the person concerned for such payment has to keep 20%

Here in the instance Total amount = $10,000

20% of such = $2,000

Thus, amount received from the administrator = 80% = $10,000 $\times$ 80% = $8,000

3 0

3 years ago

Which of the following is an example of the operations concerns of a business plan?

Serhud [2]

Answer:

When composing the marketable strategy, the tasks plan segment portrays the physical necessities of your business' activity,

Explanation:

For example, your business' physical area, offices, and hardware. Contingent upon what sort of business you'll be working,

it might likewise incorporate data about stock necessities, providers, and a portrayal of the assembling procedure.

3 0

3 years ago

No-Toxic-Toys currently has $450,000 of equity and is planning an $180,000 expansion to meet increasing demand for its product.

marishachu [46]

Answer:

The question is incomplete,so I decided to google it and i found below complete question from which i took the interest expense % as well as the requirement of this question:

No-Toxic-Toys currently has $450,000 of equity and is planning an $180,000 expansion to meet increasing demand for its product. The company currently earns $157,500 in net income and the expansion will yield $78,750 in additional income before any interest expense. The company has three options: (1) Do not expand, (2) Expand and issue $180,000 in debt that requires 9% annual interest, or (3) Expand and raise $180,000 from equity financing. Required For each of the three options,compute (a) net income and (b) return on equity (Net Income/Equity). Ignore any income tax effects (Round "Return on equity" to 1 decimal place.) 2 Equity Don't Expand Debt Financing Financin Income before interest expense Interest expense Net income Equity Return on equity

Please find my answer in the explanation section below:

Explanation:

Don’t expand Debt Financing Equity Financing

$ $ $

Income before interest expense 112,500 168,750 168,750

Interset expense 0 16200 0

Net income 112,500 152,550 168,750

Equity 450000 450000 630000

Return on equity(Net income/Equity) 25% 34% 27%

7 0

4 years ago