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vazorg [7]
4 years ago
12

After numerous campus interviews, Alex Sanchi, a student at BC, received two office interview invitations from the Orlando offic

es of two large firms. Both firms offered to cover her "out-of-pocket expenses" (travel, hotel, and meals). She scheduled the interviews for both firms on the same day, one in the morning and one in the afternoon. At the conclusion of each interview, she submitted to both firms her total out-of-pocket expenses of $296 for mileage, hotel, meals, parking and tolls. She believes this approach is appropriate. If she had made two trips, her cost would have been two times $296. She is also certain that neither firm knew she had visited the other on that same trip. Within ten days Alex received two checks in the mail, each in the amount of $296.Did Alex handle the situation properly? If not what should she have done?
Business
2 answers:
natali 33 [55]4 years ago
7 0

Answer:

Situation was not handled properly.

Interviews would have been scheduled for different days

Explanation:

Doubling bills is an un-ethical act of charging two different clients for the same time working while in reality the actual cost of time spent for each client is less than the bill submitted.This violates the law of professional conduct.

Alex's idea of submitting two different daily expenses  to the two firms for  interviews attended on the same day is double billing , which might attract fines or other punishments if discovered .

It would have been better if she scheduled the interviews on different days so far each of the firms are willing to cover the expenses.

JulsSmile [24]4 years ago
4 0

Answer:

She should have been honest and transparent about the interviews to both potential employers.

Explanation:

A good working relationship is based on trust, honesty and ethical behavior from both the potential employee and employer. Alex, being dishonest at the beginning of a potential relationship, may ruin the chances of having that relationship. If either of her potential employers found out, she would be labelled as unethical and may face legal action for using funds from one firm to attend an interview of another. The honest action would have been to set different days (consecutive) and informed both that she would be there for both days and for what. This would have benefited her as well as it would have allowed her some time to prepare for the next interview.

A good member of any team is honest, trustworthy and reliable, among other traits.

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Equipment costing $276000 was destroyed when it caught on fire. At the date of the fire, the accumulated depreciation on the equ
Oksanka [162]

Answer:

a). The credit to the equipment account=$173,000

b). Credit to the accumulated depreciation account for $103,000

c). gain on disposal=$152,000

Explanation:

a). The formula for the book value of the equipment when it caught fire can be expressed as;

Book value=Acquisition cost-accumulated depreciation

where;

acquisition cost=$276,000

accumulated depreciation=$103,000

replacing;

Book value=(276,000-103,000)=$173,000

The credit to the equipment account=$173,000

b).  Credit to the accumulated depreciation account for $103,000

c). The formula for calculating the gain from disposal is;

gain on disposal=insurance check-book value

where;

insurance check=$325,000

book value=173,000

replacing;

gain on disposal=325,000-173,000=$152,000

4 0
3 years ago
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
WINSTONCH [101]

Answer:

The value of the stock today is $28.48

Explanation:

To calculate the value of the stock today, we will use the Dividend discount model which bases the value of a stock based on the present value of the expected future dividends from the stock. The value of the stock today using this model should be,

P0 = 1 / (1+0.1)^3  +  1 * (1+0.4) / (1+0.1)^4  +  1 * (1+0.4)^2 / (1+0.1)^5  +  

[ (1 * (1+0.4)^2 * (1+0.05)  /  (0.10 - 0.05))  /  (1+0.1)^5 ]

P0 = $28.48

7 0
3 years ago
Are there any welfare or subsidies that should be reviewed or added in south africa?
MrRa [10]
Judging from their condition, the need some welfare or subsidies that should be added

For example :

- Their government should provide more infrastructure such as roads and water pipe for the people
- Since South Africa is one of the most developed country in Africa, The Government should give more incentives for those who want to start a business ( such as cheaper taxation system)
3 0
4 years ago
The first session of the national convention is generally devoted to
svetlana [45]
The first session of the national convention is generally devoted to giving speeches.
3 0
3 years ago
An electronic firm invested $60,000 in a precision inspection device. It cost $4000 to operate and maintain in the first year an
Anon25 [30]

Answer:

$9,287.63

Explanation:

Data provided in the question:

Amount invested = $60,000

Operating cost for the first year = $4000

Operating and maintaining cost after 1 year = $3,000

Selling price  = $60,000

Now,

Amount paid extra in the year 1 =  $4,000 - $3,000

= $1,000

EUAC ($)

= $60,000 × A/P(10%, 4) + $3,000 + $1,000 × P/F(10%, 1) × A/P(10%, 4) - [ $60,000 × P/F(10%, 4) × A/P(10%, 4) ]

= [ $60,000 × 0.3155 + 3,000 + 1,000 × 0.9091 × 0.3155 ] - [ 60,000 × 0.6830 × 0.3155  ]

= [ $18,930 + $3,000 + $286.82 ] - [ $12,929.19 ]

= $9,287.63

5 0
3 years ago
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