People choose a particular lifestyle and social context, or _____, because it is compatible with their personality traits

Do you think business ethics is possible? Sen and Vaidya claim that business ethics are not only possible but a necessary elemen

motikmotik

Business ethics is possible and it can be fully practiced by a person who is hard core successful businessman.

Explanation:

Ethics is a philosophical science of understanding human behavior from all the aspects and differentiating between right and wrong.
Business or corporate ethics deals with ethical and moral challenges faced in a business environment. It can be also defined as a set of principles or values decided by the organization's culture.
Functioning is an important element in any of the business undertaken. And the functioning of these corporate ethics in a way which are personal, professional and corporate helps one to achieve success in business.
It is mandatory to follow business ethics as they have a potential impact on the organization.
Following business ethics helps one to achieve their goal in a defined and polished manner

4 0

3 years ago

Russell Preston delivers parts for several local auto parts stores. He charges clients $0.75 per mile driven. Russell has determ

arlik [135]

Answer:

1. 1,500 miles

2. Profit

3.4,000 miles

Explanation:

1. Calculation to Determine how many miles Russell needs to drive to break even k-Even Miles

First step is to calculate the Unit contribution margin

Using this formula

Let plug in the formula

Unit contribution margin = Sales price – Variable cost per unit

Unit contribution margin= $0.75 per mile – $0.35 per mile

Unit contribution margin= $0.40 per mile

Now let determine the Break-even units using this formula

Break-even units = Total fixed cost / Unit contribution margin

Let plug in the formula

Break-even units= $600 / $0.40

Break-even units= 1,500 miles

Therefore how many miles Russell needs to drive to break even k-Even Miles will be 1,500 miles

2. Calculation to determine whether he earned a profit or a loss last month Assume Russell drove 1,800 miles last month

Profit=1,800 miles – 1,500 miles

Profit=300 miles

Therefore Assume Russell drove 1,800 miles last month he will EARNED A PROFIT last month

3. Calculation to determine how many miles Russell must drive to earn $1,000 in profit.

Using this formula

Target units = (Fixed cost + Target Profit) / Unit contribution margin

Let plug in the formula

Target units = ($600 + $1,000) / $0.40

Target units = 4,000 miles

Therefore how many miles Russell must drive to earn $1,000 in profit will be 4,000 miles

7 0

3 years ago

The following credit sales are budgeted by Garcia Company:January $255,000February $375,000March $525,000April $450,000The compa

weeeeeb [17]

Answer:

Total cash to be realized in March = $468,000

Explanation:

As for the provided information, the details are:

Realization of sales:

In the month of Sale = 70%

In the month following sale = 20%

In the next to month following sale = 10%

Thus, for the month of March: Realization shall be:

Sales of March = 70% = $525,000 $\times$ 70% = $367,500

Sales of February = 20% = $375,000 $\times$ 20% = $75,000

Sales of January = 10% = $255,000 $\times$ 10% = $25,500

Total cash to be realized in March = $468,000

7 0

3 years ago

What is data mining?

Lostsunrise [7]

<span>the practice of examining large databases in order to generate new information.</span>

5 0

3 years ago

Read 2 more answers

What is the yield to maturity of a ten-year, $1000 bond with a 5.2% coupon rate and semiannual coupons if this bond is currently

Anna35 [415]

Answer:

A. 6.82%

Explanation:

Yield to Maturity is a discounting rate which equals all the cash outflows related to bond with the present /current market value of bond. YTM is calculated by trial and error method. Since the options are available in the question, we can use those options to find out correct YTM.

First we are taking YTM 6.82%

Semi-annual YTM = 3.41%

Coupon Interest semi annual = 1000*5.2%*1/2

= $26

No of times interest paid = 10*2

= 20

Present Value of bond

= Coupon Interest*PVIFA (YTM, 20) + Par Value x PVIF (YTM, 20)

= 26*PVIFA (3.41%, 20) + 1000*PVIF(3.41%, 20)

= (26*14.32884) + (1,000*0.511386)

= 372.55 + 511.39

= $884

At YTM 6.82% all the future cash flows of bond is equals to its current value.

Therefore, The correct YTM is 6.82%

4 0

3 years ago