Why is there so much government regulation involving social responsibility issues? Should there be less?

1 answer:

7 0

I think genuine corporate social responsibility is very important, as long as it is not just lip service. When a company for example harvests a resource like trees or minerals then it is benefiting from the natural riches so should definitely be putting something back into the community and the natural environment not just say "log it mine it pave it" and ignore any adverse consequences.

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Answer:

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Solution and Explanation:

The calculation of determining the interest expense that must be recorded in a year end adjusting entry is as follows;

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Rate End date Expense

11% Dec-31 Jul-01 6 5,400,000 297,000

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(Note Face Value * interest Rate * time period)/12

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