Answer: corporate social responsibility practice
Explanation:
Corporate social responsibility occurs when organizations contribute to societal goals by supporting practices that are ethically oriented and have a positive effect on the economy.
Since Patagonia donates at least 1% of profits to support environmental causes and is contributing positively to the economy, then Patagonia is practicing corporate social responsibility practices.
The formula used to determine free cash flow is cash from operations minus capital expenditures.
Answer: A straight downward sloping line
Explanation:
Answer:
b. false
Explanation:
The journal entry is shown below:
Cash A/c Dr $1,350 (450 shares × $3)
Paid in capital - Treasury stock $2,000
Retained Earnings A/c Dr $1,150
To Treasury Stock A/c $4,500 (450 shares × $10)
(Being treasury stock is sold at lower price and the remaining amount would be debited to the retained earning account)
Hence, the given statement is false
I believe it’s Profession
