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3 years ago

Which of the following is prepared first? A. Balance sheet B. Income statement C. Statement of owner’s equity D. Trial balance

1 answer:

7 0

The income statement is prepared first. The income statement is a financial statement that reports the company's financial performance (profit and loss) over a specific accounting period. It describes how the business incurs its revenues and expenses, and it is also referred as profit and loss statement (P&L). With help of this report management knows if the business made money during the period reported.

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during the second stage of the ethical decision-making process, managers must determine whether a proposed decision would violat

nikdorinn [45]

When a manager needs to make a decision using the ethical decision-making process and reaches the second stage, they check whether the decision violates the c. fundamental rights of any stakeholders

The ethical decision-making process involves making decisions that are consistent with the relevant ethical views of the company which it draws from the society it is based in.

The second stage of this process involves checking whether the ethics involved in a certain decision, would violate the fundamental rights of shareholders which include:

The right to ownership
The right to Dividends
The rights to evaluate corporate decisions
The right to voting power

This is to ensure that the shareholders are taken care of because the first duty of a manager is to their shareholders.

In conclusion, managers need to check whether a decision affects the fundamental rights of shareholders before they embark on it.

Find out more at brainly.com/question/8864856.

The options for this question include:

a. utilitarian beliefs

b. the global commons

c. the fundamental rights of any stakeholders

d. home country values

4 0

2 years ago

Ben, a product manager at SunRise Juice Co., is having a hard time choosing the wording for a new ready-made fruit smoothie prod

nikdorinn [45]

Answer:

I think Ben should encourage the Senior Management to call a multidisciplynary meeting and do some research.

Explanation:

I think Ben is right. Even though the statement is technically correct, it may mislead customers.

Customers may interpret the phrase "no sugar added" as if the product did not contain any sugar.

Thus, customers interested in drinking beverages without sugar at all might think they are "safe" consuming the smoothie beverage, when in reallity each smoothie's bottle contains sugar 35 g of naturally occurring sugars from the fruit.

Customers deserve to be certain on what they are buying, thus the labels must be a sincere help for them, and not ambiguos at all.

This is a "gray zone" and an example of what in ethics is called a dilema.

I think the decision should be shared by a wider team and based on some research.

I think Ben should encourage the Senior Management to call a multidisciplynary meeting, where the subject is widely discussed. Also, I would suggest Ben to do some research, look for precedents about labeling in the industry, and try to learn the opinion of the FDA about this sensitive matter.

6 0

3 years ago

QUESTION 1 Buchanan Corp. forecasts the following payoffs from a project: Outcome Probability of Outcome Assumptions $ 1,100 25

Lorico [155]

Answer:

$2,700

Explanation:

Calculation for the expected value of the outcomes

Using this formula

Expected value=respective outcome*Respective probability

Let plug in the formula

Expected value=(0.25*1100)+(0.55*2300)+(0.20*5800)

Expected value=$275+$1,265+$1,160

Expected value=$2,700

Therefore the expected value of the outcomes will be $2,700

5 0

3 years ago

How do we prepare for unexpected expenses that might disrupt the implementation of a budget, and allow us to avoid long term hig

ikadub [295]

Out of the money you make set some aside for unexpected expenses

8 0

3 years ago

Comparing Investment Criteria Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assum

andreyandreev [35.5K]

Answer:

⚡️?

Explanation:

⚡️ nothing has a problem with the battery and the battery is a bit annoying and the battery is a bit annoying

8 0

3 years ago