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4 years ago

Is Darby doing anything wrong? If so, what? What ethics traps is she facing?

Business

1 answer:

Rom4ik [11]4 years ago

3 0

Answer:

Hello your question is incomplete attached below is a screenshot of the question

Answer: i) Darby is doing something wrong

ii) Ethic traps are : Money and Rationalization

Explanation:

Darby is doing something wrong because she is taking the benefits of H associates company for personal purposes. and this totally unethical behavior been exhibited by Darby

The ethics trap faced by Darby are :

Money ; Money is the most influential trap that makes employees engage in most unethical activities because Human beings want more money always

Rationalization : Darby is using the company's facilities for personal use because she feels that her usage of the facilities for personal use won't affect the company negatively

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Danks Corporation purchased a patent for $405,000 on September 1, 2019. It had a useful life of 10 years. On January 1, 2021, Da

Andrei [34K]

Answer:

Amortization Expense for year 2021 $90,000

Explanation:

The computation of the amount that should be reported for patent amortization for the year 2021 is shown below:

But before that following calculations need to be done

The value of the patent as of 31st Dec, 2020

Purchase Value as of Sep 1,2019 $405000

Less:- Amortization Expense for the year 2019 $13,500

($405000 ÷ 10 × 4 ÷ 12)

Less:- amortization expense for the year 2020 $40500 ($405,000 ÷ 10)

Value of patent as on 1st Jan, 2021 $351,000

Add:- fees to defend $99000

New Book Value for the year 2021 $450,000

Now Remaining Useful Life 5 years

So,

Amortization Expense for year 2021 $90,000 ($450,000 ÷ 5)

6 0

3 years ago

As Dora is packing for her honeymoon to Hawaii, she realizes that all of her sunscreens have expired. Since the sun in Hawaii is

Anettt [7]

Answer: Personal source

Explanation: Personal source of information refers to those sources of information with witch the seeker of information have some relation or right at a personal level.

In the given case, Dora gained information about the best sunscreen from her friend. Thus, she has some relation with the source of information.

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

5 0

3 years ago

Which step in the process of measuring external transactions involves assessing the equality of

uysha [10]

Answer:

B. Preparing a trial balance

Explanation:

A trial balance is not account, it simply represents a list of debits and credits derived from the ledgers. The list is usually generated after transactions have been taken from their source documents, posted to the journals and then transferred to the ledgers.

The trial balance will usually list the total of ledger items posted as debit or credit balances just as they are in the ledgers.

As said earlier, the trial balance is not an account, it is a self-check to ensure that there are no numerical errors in the debit and credit postings in the ledgers.

It simply ensures that the credit balances are equal to the debit balances meaning every debit entry had a corresponding credit entry confirming the use of double entry principle in ledger preparation.

The financial statements are usually prepared after the trial balance has verified the accuracy of debit and credit entries.

6 0

3 years ago

Select the correct answer.

drek231 [11]

C. Honesty and Integrity

3 0

4 years ago

You have $5,000 to deposit. Regency Bank offers 15 percent per year compounded monthly (1.25 percent per month), while King Bank

aliya0001 [1]

Answer:

Regency Bank

A = $98577.46

king Bank

A = $81832.68

Explanation:

Given Data:

principle amount =$ 5000

rate of interest = 15%

n =12 {compounded months}

t = 20 year

for Regency Bank

investment amount obtained as

$A =P\times [1 + \frac{r}{n}]^{nt}$

$A = 5000 [1 + \frac{0.15}{12}]^{12\times 20}$

A = $98577.46

for King Bank

Investment amount obtained as

$A =P\times [1 + \frac{r}{n}]^{nt}$

Here n = 1

$A = 5000 [1 + \frac{0.15}{1}]^{1\times 20}$

A = $81832.68

3 0

3 years ago