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leva [86]
3 years ago
11

King Mechanic is a very profitable automobile repair shop. The company is well known for its great service and involvement in th

e community, but it fails to properly dispose of its used oil as outlined in environmental regulations. King Mechanic is failing in its _____ responsibilities.
Business
1 answer:
Sophie [7]3 years ago
4 0

Answer:

Social

Explanation:

Social responsibility refers to an individual or organization's obligations towards society to protect and preserve environment and natural resources. Organizations are supposed to earn profits without hampering the environment.

Here, King Mechanic earns profit but fails to fulfill social responsibility of disposing used oil safely as instructed in the environmental regulations.

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Golding Bank provided the following data about its resources and activities for its checking account process: Resources Activiti
N76 [4]

Answer:

Please see below

Explanation:

The question above is incomplete. See concluding parts

2. Calculate the activity rates for the four activities . Round your answers to the nearest cent. Processing account per account issuing statement processing transactions per enquiry. If the total number of statement issued was 20,000 calculate the cost of the issuing statements activity.

1. Capacity cost rate

= Total resources / Total checking processing hours

= $396,000 / 22,000

= $18 per hour

2. Calculate the activity rates for the four activity. Round your answers to the nearest cent.

Processing accounts

= 0.20 × $18 = $3.6 per account

Issuing statements

= 0.10 × $18 = $1.8 per statement

Processing transactions

= 0.05 × $18 = $0.9 per transaction

Answering inquiries

= 0.15 × $18 = $2.7 per inquiry

If the total of issuing statement was 20,000 calculate the cost of issuing the issuing statement activity

Issuing statement

= 20,000 × $1.8

= $36,000

3 0
3 years ago
What is another term for the buying and selling of stocks?
Galina-37 [17]
B I’m pretty sure have a great day
6 0
3 years ago
Read 2 more answers
Differentiation business strategies are often associated with premium prices. There are, however, reasons why a firm would NOT w
Natalija [7]

Answer: e. To drive up market share

Explanation:

Differentiation strategies involve adding features to a good to make it stand out from the Competition. Since these features are usually beneficial, the value of the good goes up and the company selling them can charge more. This is the main way things are done in Monopolistic markets.

However, sometimes it is best to charge the same price the Competition is charging even though you have a better product. This way the company is able to capture Market Share because the consumers will believe they are getting a better value for their money. For instance, if a company was selling Toyotas at $2,000 and it's competitor was selling the same Toyota but with 2 extra tires for the same $2,000 who would you use? The Competitor most likely.

This is why a firm might want to keep prices in line with competitors.

4 0
3 years ago
Which of the following is TRUE of debt securities? (A) Debt securities include preferred stocks. (B) Debt securities typically p
Bingel [31]

Answer:

The statement which is correct and true is that the debt securities usually pay interest for the fixed period or year. Therefore, the correct option is B.

Explanation:

Debt securities are the securities which refer to a debt instrument like CD (Certificate of deposit, preferred stock, corporate bond and municipal bond, it is sold or bought among the parties.

It is also called as the securities which are fixed income, therefore, the statement which is correct is that these securities pay interest for a fixed period.

6 0
3 years ago
Mary is a shareholder in CarrollCo, a calendar year S corporation. At the beginning of the year, her stock basis is $10,000, her
Troyanec [42]

Answer:

AAA = (8000)

STOCK BALANCE = 0

AEP = 2000

Explanation:

-----------------AAA-------- stock basis---------AEP

Beg. Bal--- 2000 - - - - 10,000 - - - - - - 6,000

Distribution (2000) - - - - (2000) - - - - - (4000)

Balance - - - 0 - - - - - - - 8000 - - - - - - 2000

LTCG - - - 2000 - - - - - 2000 - - - - - - - - 0

Balance - -2000 - - - - - 10,000 - - - - - - 2,000

Loss - - - (10000) - - - - (10000) - - - - - - - 0

Ending - - (8000) - - - - - 0 - - - - - - - - - 2000

ENDING BALANCE :

AAA = (8000)

STOCK BASIS = 0

AEP = 2000

Beg. bal = beginning balance

LTCG = Long term capital gain

3 0
3 years ago
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