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puteri [66]
3 years ago
5

A code of ethics: a should be kept confidential from a firm's employees. b should be limited to a list of dos and don'ts. c shou

ld include operations schedule of day-to-day activities. d should be in written form to avoid confusion.
Business
1 answer:
charle [14.2K]3 years ago
6 0
<span>The correct answer is (d) should be in written form to avoid confusion. A code of ethics that is simply verbal can lead to a lot of confusion as employees will not actually know it entirely. Being in written form allows everyone in the company to refer to it and follow it.</span>
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the nominal interest rate is 7 percent and the expected inflation rate is 4 percent. the real interest rate is
Hoochie [10]

Answer:

2.88%

Explanation:

According to the fisher equation :

(1 + Nominal interest ) = (1 + real interest) (1 + inflation rate)

(1.07) = (1.04) x (1 + real interest)

(1.07) / (1.04) = (1 + real interest)

1.028846

real interest rate = 2.88%

6 0
3 years ago
Which statement below best describes the accounting equation? Multiple Choice The change in retained earnings equals net income
8_murik_8 [283]

Answer:

The correct answer is Resources of the company equal creditors' and owners' claims to those resources.

Explanation:

It can be used to determine that the income or income of the consumer is exactly equal to the expense (purchase) of goods, for the determined period of consumption. In other words, by adding the value spent on the acquisition of goods "x" and goods "y". To have such values it is enough to multiply the number of possible units to acquire - in each of the points - by their respective price and then add them; This can be done at any point in the price line.

4 0
3 years ago
Lucci Inc. is a retailing firm specializing in high-end merchandise. Each of Lucci's stores uses the retail inventory method by
ludmilkaskok [199]

Answer:

1 Line item description                Cost                Retail

2 Beginning inventory                 40000            360000

3 Purchases                                  1000000        10000000

4 Transportation in                       50000

5 Purchase returns                      -20000          -196000    

6 Net purchases(3+4+5)             1030000        9804000

7 Net additional markups                                    800000    

8 Cost to retail ratio                     1070000       10964000

  component(2+6+7)

9 Net markdowns                                                -500000    

10 Sales                                                                  -9800000    

11 Ending inventory,retail(8+9+10)                       664000

Setup calculation:

Cost to retail ratio = Cost to retail ratio component at cost/Cost to retail ratio component at retail

= 1070000/10964000

= 0.097592

= 9.76%

Ending inventory,cost = Ending inventory,retail*Cost to retail ratio

= 664000*9.76%

= $64806

Cost of goods sold = Sales*Cost to retail ratio

= 9800000*9.76%

= $956480

7 0
3 years ago
Define the following terms in your own words?
meriva
Activity is something you do for fun 
responsibility is something you have to take care of yourself 
accomplishment is something you ill or have accomplished
skill is something that you were born to be able to do 
aptitude is .............?????????

3 0
3 years ago
Pick a number from 1 to 50 winner gets 30 points. You can comment or answer on this question.
White raven [17]

Answer:

43

Explanation:

6 0
3 years ago
Read 2 more answers
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