Answer:
The gesture exemplifies its social responsibility.
Explanation:
The social responsibility of an organization is the contribution that it makes to the society because the soiety has made it what it is today. Because the society has contributed to its success, the company must contribute to the society as well. The helping of underprivileged people for free who are part of the society is an evidence that ht company knows its responsibilities towards the society and is an example of corporate social responsibility.
Answer:
b. $2,430,000
Explanation:
The computation of the total stockholder's equity is shown below:
= Common Stock + Paid-In Capital in Excess of Par + Retained Earnings - Treasury Stock
= $1,800,000 + $120,000 + $570,000 - $60,000
= $2,430,000
While computing the total stockholder equity, we deducted the treasury stock as it reduces the balance of equity whereas other items increase the balance of the equity, so we added it.
Hence, all other options are wrong except b. option
Answer: Work plan
Explanation:
A work plan is a step by step procedure used by an individual/organization to enable them effectively achieve their objectives.
A business research project is an extensive study done on a business, to obtain ways of improving the business and increasing sales.
For a business research project to be effectively conducted, a work plan that outlines steps to be taken should be created and strictly followed.
Answer: Most economist believe that prices are flexible in the long run but many are sticky in the short run.
Explanation:
Prices are sticky in the short run because producers and buyers take time to adapt to new situations. If there is a shortage of butter, lets say, the economic theory says that the prices will rise because there is less butter ( ceteris paribus = all the other factors remain constant). Actually, buyers and suppliers need time to adapt to the new situation. However, in the long run buyers and suppliers have time to adapt to new situations so prices become more flexible.
Answer: Expense capitalize
Explanation:
The expense capitalize is the term which is used to refers to the capitalizing the given cost of the expenses based on their values for the purpose of evaluating all the expenses in the balance sheet.
The capitalize the expenses provide various types of benefits to the firms for obtaining the various types of updated assets that typically helps in providing the long term duration.
According to the given question, the interest in the given two cases is basically treat by expense capitalize for the purpose of financial reporting.
Therefore, Expense capitalize is the correct answer.
