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kaheart [24]
3 years ago
11

While it is plausible that some dishonest acts, like bluffing a person in a business transaction, can have beneficial social con

sequences that do not threaten the stability of underlying social practices, it would be harder to claim that routine dishonesty would not erode the trust that does seem essential to social cooperation.
A. True.
B. False.
Business
1 answer:
siniylev [52]3 years ago
7 0

Answer:

True

Explanation:

This affirmation above is backed up by a famous phrase which stated — a falsehood stops to be a falsehood when the parties involved knows it is just a tactics. This implies that it isn't aimed at treating the party involved as a mere means to make profit.

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Kelly Slater owns a parcel of land in Palm Springs and is considering two possible development options which both use his signat
expeople1 [14]

Answer:

d. Choose Option B because it has a higher NPV

Explanation:

The computation is shown below:

For Option A:

Investment = $10 million

Present Value of cash flows = Cash flow ÷ Discounting rate

= $2 ÷  10%

= $20 million

Now

NPV = $20 - $10

= $10 million

We know that

IRR is the rate at which the NPV will be zero

So,  2 ÷  r - 10 = 0

r = 20%

For Option B:

Investment = $50 million

Present Value of cash flows = $6.5 ÷  10% = $65 million

NPV = $65 - $50 = $15 million

we know that

IRR is the rate at which the NPV will be zero

So, 6.5÷ r -50 = 0

r = 13%

Based on NPV, Option B should be selected as it contains higher NPV as compared to option A.

However, Based on IRR, Option A should be chosen as it contains higher IRR and a higher IRR represent a higher profit percentage

 

7 0
3 years ago
Direct materials inventories are kept in pounds for Cat Company, and the total pounds needed for production in the current perio
pychu [463]

Answer:

Purchase= 14,500 pounds

Explanation:

Giving the following information:

the total pounds needed for production in the current period is 14,000. Beginning inventory= 2,000 pounds

Desired ending inventory= 2,500 pounds

To calculate the direct material purchase, we need to use the following formula:

Purchase= direct material for the period + desired ending inventory - beginning inventory

Purchase= 14,000 + 2,500 - 2,000

Purchase= 14,500 pounds

8 0
3 years ago
Which of the following statements is not correct?
Agata [3.3K]

Answer:

The correct answer is letter "C": Confirmation of cash should only be performed as of the balance statement date because the auditor expresses an opinion as of that date.

Explanation:

Confirmation of cash is an audit procedure in which specialists request the company to get in touch with its banker to verify the organization's balance. The procedure is not based only on the balance statement but according to the transactions the company has carried out regardless of the date.

6 0
3 years ago
Grossnickle Corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. Today,
Aleks04 [339]

Answer:

correct option is e.  $1,232.15

Explanation:

given data

Future value = $1,000

Rate of interest = 5.5%

NPER = 19 years

annual coupon bonds = 7.5%

solution

We will use here Present value formula for get current price of the bonds.

so  here PMT is

PMT = Future value  × annual coupon bonds   ................1

put here value

PMT = $1,000 × 7.5%

PMT = $75

The formula we use in excel =  -PV(Rate,NPER,PMT,FV,type)

so we will get here

after solving we get current price of the bond is $1,232.15

correct option is e.  $1,232.15

6 0
3 years ago
Determine the reasons why cruise ships have gained popularity in recent years.
liubo4ka [24]

More excursion choices

8 0
3 years ago
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