Answer:
(C) Socially responsible firms automatically engage in ethical practices.
Explanation:
Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society. Examples of social responsibility marketing strategies includes: recyclable packaging, promotions that spread awareness of societal issues and problems, and directing portions of profits toward charitable groups or efforts.
Answer:
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Answer:
Net present value 27.792
Explanation:
<u>Sales</u> 2.100 units x 20 net cash flow =<em> $ 42,000 cash flow per year</em>
<u>Present value of the first three years:</u>
C 42,000
time 3 years
discount rate: 0.12
PV $100,876.9133
For year 4 and 5 we need to check for the expected cashflow
<u>We will multiply each outcome by their probability:</u>
1,400 units x $20 per unit x 0.5 chance = 14,000
2,500 units x $20 per unit x 0.5 chance = 25,000
expected return: <em>39,000</em>
<u>present value of these years:</u>
Maturity $39,000.0000
time 4 end of year 4th
rate 0.12
PV 24,785.21
Maturity $39,000.0000
time 5 end of year 5th
rate 0.12
PV 22,129.65
<u>Net present value</u> will be the present value of the cash flow less the investment.
100,877 + 24,785 + 22,130 - 120,000 = 27.792
Answer:
Benefits to Firms
It helps in improving profits of the organizations by selling products in the nations where costs are high. It helps the organization in utilizing their surplus resources and increasing profitability of their activities. Also, it helps firms in enhancing their development prospects.
Explanation:
i just looked it up so hope it helps ;)
The accounting concepts that provide guidance for recording the following business events are as follows. The business transactions are numbered from (a) to (e) below:
1) Materiality Concept is applied because the impact of the cost of the tape dispenser being "expensed" is not significant on the reader of the financial statement.
2) Entity Concept requires separation between the finances of the owner from the finances of the business. The business is a separate economic unit distinct from the sole proprietor.
3) Prudence Concept demands that expenses (like the bad debt written off) and liabilities are not underestimated and revenues and assets should not be overestimated.
4) Historical Cost Concept: Generally accepted accounting principles require the initial recognition of an asset at its purchase cost and not fair value.
5) Accrual Concept and Matching Principle: The accrual concept requires that expenses that have been incurred for a period should be accounted for in that period, whether cash payment is made or not. The matching principle states that expenses (Van Repair Expense) should be matched to the revenue that they generate.
Thus, accounting concepts are the basic assumptions, rule, and principles for recording business transactions and events and preparing accounts and financial statements.
Learn more about accounting concepts at brainly.com/question/24425761
