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Luda [366]
3 years ago
9

Christopher works for Ocean Media Inc., a large corporation. His work requires him to travel extensively and, as a result, he sp

ends much time working remotely. Taking advantage of the situation, Christopher often works on personal projects instead of company projects. Ocean Media has difficulty checking on Christopher's work because he has no supervision in many of the places where he travels. This scenario exemplifies a(n) _______.A. moral hazard.
B. inverse selection.
C. poison pill.
D. outside director.
Business
1 answer:
GREYUIT [131]3 years ago
3 0

Answer:

A. moral hazard

Explanation:

Based on the information provided within the question it can be said that this scenario is perfectly exemplifying the term known as a moral hazard. This refers to when an individual takes more risks because someone else is bearing the costs. Such as in this scenario, Christopher is an employee and should be working on company tasks but instead works on his own projects because the company cannot check up on him, which is morally wrong and he can get fired for it.

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Swifty Corporation had net sales of $2,419,200 and interest revenue of $39,300 during 2020. Expenses for 2020 were cost of goods
damaskus [11]

Answer:

Please find the income statement below;

Explanation:

<u>Single step Income statement</u>

Revenues

Net sales              2,419,200

Interest revenue        39,300

<em>Total revenues                                2,458,500</em>

Expenses

Cost of goods sold      1,464,600

Admin. expenses            216,400

Selling expenses            294,800

Interest expense               46,000

<em>Total expenses                                   2,021,800</em>

<em><u>Net Income  </u></em><em>                                         </em><u><em>436,700</em></u>

6 0
3 years ago
Chantel works at Coca-Cola. To make the required sales number, Chantel sent more Coca-Cola products to their distributors than w
miv72 [106K]

Answer: Channel stuffing

       

Explanation: In simple words, channel stuffing refers to the deceitful business practice by the organisations in which it shows wrong picture of its sales and earnings by sending more products to the distribution channel which they are able to send.

In the given case, Chantel has been sending their distributors more units than they asked for with the objective of inflating the sales number in the records.

Hence from the above we can conclude that the correct option is C.

7 0
4 years ago
When estimating the cost of equity by use of the bond-yield-plus-risk-premium method, we can generally get a good idea of the in
artcher [175]

Answer:

The answer is true.

Explanation:

5 0
3 years ago
Your payment of $123005.12 was received on June 3 2006 by our offices in Macon Georgia. Your payment of $123,005.12 was received
Stella [2.4K]

Answer:

Your payment of $123,005.12 was received on June 3, 2006, by our offices in Macon, Georgia.

Explanation:

Period are placed between the digits of written Numbers or figures use to separate different places like thousands, millions etc. starting leftward from the decimal point Just like $123,005.12. While for a three-part date, commas are placed between   the date with month and year . It will be June 3, 2006. The name of a place which mention the city and country require a comma between the city name and country name like Macon, Georgia.

The correct punctuated statement is " Your payment of $123,005.12 was received on June 3, 2006, by our offices in Macon, Georgia."

Corrections are

Your payment of $123005.12 was received on June 3 2006 by our offices in Macon Georgia.

No commas have been used in Figures, date and Place name.

Your payment of $123005.12 was received on June 3 2006, by our offices in Macon, Georgia.

The Periods in figure are missing, it should be as $123,005.12

Your payment of $123,005.12 was received on June 3, 2006 by our offices in Macon Georgia.

The commas to separate the places name is missing, it should be Macon, Georgia.

4 0
3 years ago
It's very urgent
3241004551 [841]

Answer: While not usual they can be held responsible for all business debts.

Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.

3 0
3 years ago
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