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marshall27 [118]
3 years ago
5

True or false if something is legal, it is also ethical

Business
1 answer:
Paha777 [63]3 years ago
4 0

false, every person has a different definition of what is ethical ex. abortions, immigration (issues of separating families) take literally political issue today and the ethicality of it can be argued

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Gardial & Son has an ROA of 11%, a 2% profit margin, and a return on equity equal to 17%. What is the company's total assets
bezimeni [28]

Answer:

Total assets turnover = 5.5

Equity multiplier = 1.55

Explanation:

The return on assets (ROA = 11%) is defined as the profit margin (2%) multiplied by the total assets turnover (TAT):

0.11=0.02*TAT\\TAT = 5.5

The return on equity (ROE = 17%) is defined as the product of the return on assets (ROA = 11%) by the equity multiplier (EM):

0.17=0.11*EM\\EM=1.55

The company's total assets turnover is 5.5

The firm's equity multiplier is 1.55

4 0
4 years ago
According to finance theory firms should attempt to
svlad2 [7]
Maximize shareholder value.
3 0
4 years ago
Suppose Piranha sells 3,500 books on account for $17 each (cost of these books is $35,700) on October 10, 2018 to The Textbook S
Natali5045456 [20]

Answer:

1. 10 Oct 2018     Inventory        $59500 Dr

                                Accounts Payable      $59500 Cr

2. 13 Oct 2018    Accounts Payable   $1700 Dr

                                Inventory                     $1700 Cr

Explanation:

1. The Textbook store is purchasing the books at $17 per book and in total 3500 books are purchased on credit. So, we debit the inventory account by 59500 (3500 * 17) and credit the Accounts Payable by 59500.

2. This transaction relates to Purchases return which in this case is our inventory of books. Textbook store will record this transaction in its books by debiting the Accounts Payable account by the value of the books returned 1700 (170* 100) and credit its inventory by 1700. The last line pertains to total estimation of sales returns by Piranha so we do not need to consider that while preparing transactions in Textbook store's books.

5 0
3 years ago
________ is the shift from people making their own fun to people purchasing it as goods and services.
Greeley [361]

The commodification of recreational activities is the shift from people making their own fun to people purchasing it as goods and services.

<h3>What is commodification?</h3>

This is when values are assigned to objects or things which are previously meant for fun. Commodification occurs when something that used to have intrinsic value gradually develops a monetary value like water, or sunshine, or knowledge as an example.

Here, human and socio cultural value are converted into market value which also applies to goods, services, ideas, and other forms and products.

Commodification provides benefit to a business environment which includes opportunities for developing new products and services inorder to meet ever changing customer needs and demand.

Learn more about commodification here: brainly.com/question/13235742

#SPJ1

6 0
2 years ago
The management at Joy, a local jewelry store in London, has hired a comparison shopper to visit other local jewelry stores to ga
ASHA 777 [7]

Answer:

b. competitive intelligence

Explanation:

<em>Competitive intelligence is the information a company collects about its rivals, business environment, and industry in order to analyze it to develop more effective business strategies.</em>

I hope you find this information useful and interesting! Good luck!

5 0
3 years ago
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