1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adoni [48]
3 years ago
5

You’ve just graduated from Berkeley College with a major in accounting and have landed your first accounting job. Your assignmen

t at work today is to complete a Trial Balance. No matter what you do, you just can’t get it to balance and you’re off by $2500. You have a 5pm deadline for completion of the Financial Statements, which must be delivered to the bank this evening to comply with a major loan agreement. It’s now 3:30 and you’re worried that if you don’t get these statements done, it will cost you your job. You decide to increase the owner’s capital account by $2500 to get everything to balance and you complete the Financial Statements in time. You hope that no one will notice the error and you believe that you will be able to find and correct the error by the end of next month. Are your actions ethical? Why or why not? Did you have any other alternatives?
Business
1 answer:
Eduardwww [97]3 years ago
7 0
No, this action would not be concidered ethical in this situation you would have been better off bringing this issue to your supervisors attention  
You might be interested in
John is a design engineer working at an auto manufacturer research and development department. In addition to his normal duties,
Alika [10]

Answer:

The correct answer is (a)- Parallel teams.

Explanation:

The majority of the teams in which the manager or boss assigns and directs the work of the team, normally what we see is the so-called "parallel work" in which each team member develops only one functionality planned in the scope of the project . This type of organization gives the administrator the feeling that several of the functionalities are being developed at the same time, which should ensure that the project is not delayed. Well, if we analyze this with a little more care we will see that what happens is exactly the opposite.

4 0
3 years ago
Felice bought a duplex apartment at a cost of $165,000. Her mortgage payments on the property are $1,520 per month $666 of which
ivanzaharov [21]

The Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is <em>$8,516</em>.

Data and Calculations:

Cost of a Duplex Apartment = $165,000

Monthly mortgage payments = $1,520

Deductible mortgage payment = $666

Annual Real Estate Taxes = $1,752

Annual Insurance costs = $1,464

Annual Maintenance costs = $1,230

Annual profit expected = $2,550

Rent to charge = PITI + Profit

= $8,516 ($1,520 - $1,752 - $1,464 - $1,230 + $2,550)

Thus, the Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is <em>$8,516</em>.

Learn more about PITI here: brainly.com/question/1395659

8 0
2 years ago
Orem Corporation's current liabilities are $116,160, its long-term liabilities are $474,240, and its working capital is $162,600
jekas [21]

Answer:

Total long-term assets must equal: d $2,771,640

Explanation:

Orem Corporation's Total Debt (liabilities) = current liabilities + long-term liabilities = $116,160 + $474,240 = $590,400

Debt-to-equity ratio = Total Debt/Total Equity

Total Equity = Total Debt/Debt-to-equity ratio = $590,400/0.24 = $2,460,000

Working capital = Current assets - Current abilities

Current assets = Working capital + Current abilities = $162,600 + $116,160 = $278,760

Basing accounting equation:

Total assets = Current assets + Long-term assets = Total liabilities + Total Equity = $590,400 + $2,460,000 = $3,050,400

Long-term assets = Total assets - Current assets = $3,050,400 - $278,760 = $2,771,640

7 0
3 years ago
Most small business ventures are in the _____ category of the entrepreneurial strategy matrix.
Mkey [24]

ANSWER:

Most small business ventures are in the low innovation/high risk  category of the entrepreneurial strategy matrix.

~batmans wife

6 0
3 years ago
Bonds are less risky than are stocks because their return is more predictable.
Mnenie [13.5K]

Bonds are less risky than are stocks because their return is more predictable.

Heart/Brainliest would help me react Genius rank!

6 0
2 years ago
Other questions:
  • Which of the following statements regarding convertible term insurance is true?
    8·1 answer
  • Discuss the role that resources, organizational communications, and training play in the support and successful implementation o
    7·1 answer
  • According to mercantilism the accumulation of national wealth depended on the
    8·2 answers
  • Which of the following is an example of an environmental sustainability practice? a. Making sound financial plans to ensure long
    5·1 answer
  • Lucid Company declared a property dividend of 37,000 shares of its investment in $1 par Polk Company common stock. The Polk stoc
    13·1 answer
  • All of these are pitfalls an organization should avoid in strategic planning except:_____________.1. using plans as a standard f
    7·1 answer
  • A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its ___________ and how
    5·1 answer
  • Differential analysis may be used for the common decisions of leasing or selling equipment and manufacturing or purchasing a nee
    12·1 answer
  • Jem wants to make sure the gaming system she wants to buy includes
    8·1 answer
  • Lynn Ally, owner of a local Subway shop, loaned $51,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Ly
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!