3 years ago

Name and explain the relationship between triple bottom line social responsibility

1 answer:

7 0

The three bottom line in the social responsibility are :

- Economic
- Social
- Environment

This three bottom lines could directly affect each other. For example, as the company experienced an economic growth, it could increase the quality of the social and environmental element around the company through various Corporate social responsibilities.

You might be interested in

When consumers buy _____ products, then producers make _____ goods and services. This can lead to economic growth.

d1i1m1o1n [39]

More shall be written in both lines

7 0

2 years ago

Transfer payments alter household income, but they do not reflect the economy's production.

Dominik [7]

I think it might be true, I’m so sorry if I’m wrong

8 0

2 years ago

Double-declining balance On January 1, 2021, the Excel Delivery Company purchased a delivery van for $51,000. At the end of its

agasfer [191]

Answer:

$18,480

Explanation:

Cost of van = $51,000

Useful life = 5 years

Salvage value = $4,800

Using the straight line, Annual depreciation

= (51000 - 4800)/5

= $9,240

Using the Double-declining balance method,

Annual depreciation = 2 × 9,240

= $18,480

3 0

3 years ago

Whispering enters into a licensing agreement with Pang Pharmaceutical for a drug under development. Whispering will receive a pa

777dan777 [17]

Answer:

Transaction price of the arrangement for Blair Biotech is $10,000,000.

2) Journal Entries for Blair.

Date Accounts Debit$ Credit$

12/20/2017 Accounts Receivable $10,000,000

License Revenue $10,000,000

01/15/2018 Cash $10,000,000

Accounts Receivable $10,000,000

Explanation:

8 0

3 years ago

Howard Corporation issued a 20-year mortgage note payable on January 1. On December 31, the unpaid principle balance will be rep

lubasha [3.4K]

Answer:

c. a long-term liability.

Explanation:

Short term liabilities are those liabilities which need to be paid within one year time and Long term liabilities are those liabilities which need to be paid after one year time.

In this question on December 31, Howard Corporation need to pay the principal in 19 years from now, as it it a long period, so amount of principal will be classified as a long-term liability.

3 0

3 years ago