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3 years ago

Stone criticizes the agency argument against corporate social responsibility because:

Business

1 answer:

Digiron [165]3 years ago

7 0

Stone criticizes the agency argument because of the following reasons:

1.The law does not hold that directors are mere agents of the shareholders

2. In the real world, the shareholders do not select the directors
3. Why should the directors have more moral accountability to the shareholders than to other people

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What are four common types of changes and trends that can offer business opportunities?

Artyom0805 [142]

Some of the changes that may pose a great opportunity for business are: (1) change in the demands of the consumers (it may be in style, taste, etc) (2) rapid technology, (3) global banking opportunities, and lastly (4) government enhancing ties with the private owners of different business units.

8 0

3 years ago

Read 2 more answers

Price elasticity of demand is defined as: a. the slope of the demand curve. b. the slope of the demand curve divided by the pric

Mandarinka [93]

Answer: Option D

Explanation: In simple words, price elasticity refers to the degree of change in demand of a commodity with respect to change in its price. It generally shows the fact that when the price of a commodity rises the demand for ti decreases due to various phenomenon coming into force such as income effect etc.

The price elasticity is calculated by dividing the change in quantity demanded with the change in price.

4 0

3 years ago

Consider an 8.5% loan amortizing at a 25-year rate with monthly payments. What is the maximum amount that can be loaned on a pro

Leto [7]

Answer:

Maximum Amount that can be loanded = $4139619

Explanation:

DSCR = NOI / Debt Service

Debt Service = Principal + Interest

NOI = $ 500000

Debt Service = 500000 / 125 % = $ 400,000

The loan would be ammortized monthly over a period of 25 years.

Monthly Payment or EMI

E = P×r×(1 + r)n/ ((1 + r)n - 1)

12E = 400,000 = [P×r×(1 + r)n/ ((1 + r)n - 1)] * 12

or, P = 400000 / 0.0966272500154557 = $4139619

Maximum Amount that can be loanded = $4139619

8 0

3 years ago

8. Problems and Applications Q8 Social Security benefits are increased each year in proportion to the increase in the CPI, even

oksano4ka [1.4K]

Answer:

False
True

Explanation:

1. Social security benefits are increased each year in proportion to an increase in CPI which measures inflation. This CPI is based on a market basket that most people use. If the social security benefits that the elderly get rises as the price of the basket rises then Social Security would not provide a decrease in their standard of living but would rather leave it unchanged so this answer is FALSE.

2. If Healthcare is said to be rising faster than inflation and elderly people consume more health care then that means that Social security benefits which are based on a inflation are not capturing the rise in living expenses for the elderly appropriately. This means that old people might be worse off. This is therefore TRUE.

6 0

3 years ago

The accountant for Eric's Plumbing Equipment Company recently made a journal entry consisting of a debit to Work in Process and

lara31 [8.8K]

Answer:

The use of raw material in the production process

Explanation:

The journal entry for recording the raw material used for the production process is shown below:

Work in Process Inventory A/c Dr XXXXX

To Raw Materials Inventory A/c XXXXX

(Being the raw material used for the production process is recorded)

For recording this transaction, we debited the Work in Process inventory account and credited the Raw Materials Inventory account

5 0

3 years ago