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3 years ago

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

Business

1 answer:

Rom4ik [11]3 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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For each of the unrelated transactions described below, present the entries required to record each transaction.

Mars2501 [29]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

1. Cash Dr, $19,618,250

Discount on bonds payable Dr, $606,750

To Bonds payable $20,225,000

(Being Bonds issued is recorded)

Working Note:-

Cash = ($20,225,000 × (97 ÷ 100)

= $19,618,250

So, the bonds has been issued a discount. The par value of the bonds is 100.

2. Cash Dr, $19,416,000

Discount on bonds payable Dr, $1,820,250

To Bonds payable $20,225,000

To Paid in capital share warrants $1,011,250

(Being bonds issued is recorded)

Working Note:-

The Value of bonds issued at a discount

So, value of bonds = ($20,225,000 × ($96 ÷ $100)

= $19,416,000

Now, Value of warrants = ($20,225,000 ÷ 100) × $5

= $1,011,250

Total value of bonds including warrants = Value of bonds + Value of warrants

= $19,416,000 + $1,011,250

= $21,236,250

3. Debt conversion expense Dr, $78,300

Bonds payable Dr, $10,342,000

To discount payable $58,600

To common stock $1,034,200

To paid in capital in excess

of common stock $9,249,200

To cash $78,300

(Being debt conversion is recorded)

6 0

3 years ago

Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery ba

koban [17]

Answer:

d. 5.14%.

Explanation:

Calculation to determine the best estimate of the after-tax cost of debt.

First step

Based on the information given we would make use of rate formula in excel.

=rate(nper,pmt,-pv,fv)

Where,

nper= coupon every six months for 20 years = 40 coupon payments

Pmt =$1000*7.25%*6/12=$36.25

Pv = $875

Fv =$1000

Let plug in the formula

=rate(40,36.25,-875,1000)=4.28% semiannually

=4.28% *2=8.56% annually

Now let calculate the after tax cost of debt using this formula

After tax cost of debt=8.56%*(1-t)

Where,

t represent tax rate of 40%

Let plug in the formula

After tax cost of debt=8.56%*(1-0.4)

After tax cost of debt=5.14%

Therefore the best estimate of the after-tax cost of debt is 5.14%

8 0

2 years ago

Customers should not expect a company to keep their information confidential true or false

Julli [10]

The answer would be false.

5 0

1 year ago

A company has net working capital of $2,204, current assets of $6,475, equity of $22,215, and long-term debt of $10,535. What is

kherson [118]

Answer:

Net fixed assets is $30546.

Explanation:

Given the net working capital = $2204

The current assets of the company = $6475

The equity of the company = $22215

Long term debt of the company = $10535

Net Working Capital = Current Assets – Current Liabilities

2204 = 6475 – current liabilities

Current liabilities = 6475 – 2204 = 4271

Total assets = Current Liabilities + Long term Debt + Total Equity

= 4271 + 10535 + 22215

= $37021

Total Liabilities and Stockholders Equity = Total Assets

Total assets = $37021

Total Assets = Current Assets + Net Fixed Assets

37021 = 6475 + net fixed assets

Net fixed assets = 37021 – 6475 = $30546

4 0

3 years ago

Please help ASAP will give 25 points.

m_a_m_a [10]

Answer:

Explanation:

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4 0

3 years ago