The Watergate scandal is what changed the laws in the US about companies bribing officials.
Workplace ethics is the ethics we follow t the workplace. Professional ethics which is closely coined term is the ethics and code of conduct is concerning one's business or related to one's profession.
<u>Explanation:</u>
Ethics is literally defined as the behavior of an individual concerning one's work, personal life and one's dealing with others. These are the set of values and conduct of an individual while performing his or her duty at work or home or anywhere. Its the way one deal with others in his or her personal and professional life.
Workplace ethics of-late has become extremely imperative and sensitive term with the growing complexities and scope of business and commerce. Even government agencies and organisations have started implementing workplace ethics in a big way. Workplace ethics talks bout one's integrity, uprightness and honesty in transacting business and official dealings at work. Its the behavior of an employee shows while performing his or her duties. Its not secluded to just employees even employers in the changing business scenario has to follow and adhere by certain standards and meet certain guidelines.
Workplace ethics in other words re the set of parameters , regulations and standards which an employee as well as employer has to follow at work place . The core purpose of such ethics is to dd more transparency in the official discharge of duties , standing out as an example for competitors , setting standards for following for laws and being transparent.
Answer:
13.82%
Explanation:
Data provided in the question:
Sales = $325,000
Net income = $19,000
Assets = $250,000
Total-debt-to-total-assets ratio = 45.0% = 0.45
Now,
Total asset turnover = Sales ÷ Total assets
= $325,000 ÷ $250,000
= 1.3
Profit margin = Net income ÷ Sales
= $19,000 ÷ $325,000
= 0.05846
Equity multiplier = 1 ÷ [ 1 - Debt to asset ratio]
= 1 ÷ [ 1 - 0.45 ]
= 1.818
thus,
ROE = Profit margin × Total asset turnover × Equity multiplier
= 0.05846 × 1.3 × 1.818
= 0.1382
or
= 0.1382 × 100%
= 13.82%
Answer:
$3,445
Explanation:
Starlight Company has inventory of 8 units at a cost of $200 each on October 1.
On October 2, it purchased 20 units at $205 each.
11 units are sold on October 4.
Using the LIFO perpetual inventory method, the value of inventory after the October 4 sale will be:
Date Particulars Unit Cost Balance
Oct 1 Beginning inventory 8 $200
Oct 2 Purchases 20 $205 28
Oct 4 Sales 11 $205 17
The 17 units are made up of the balance of 9 from the purchases on Oct 2, and the 8 units of opening inventory.
Hence the value of inventory after the sale is (9 x $205) + (8 x $200) = $3,445
- $3,485.- $3,445.- $3,500.- $3,472.- $3,461.
