Answer:
i = 5.48%
Explanation:
We can use the following method to solve the given problem in the question.
Two consecutive 3 year CDs:
=10000 * (1+(0.05/4))^12 * (1+.(0.05/4))^12 = 13, 473.51
One 5 year CD and a 1 year CD:
=10000 * (1+(0.0565/4))^20 * (1+.(0.04/4))^4 = 13,775.75
13,775.75 is the greater.
The annual effective rate is
=10000 * (1+I)^6 = 13,775.75
i = 5.48%
The common arguments that are in favor of Corporate Social Responsibility (CSR) are:
Public image of the company.
Moral Justification.
Public Support for business.
Long run survival of the organization and the public both.
Common arguments that go against CSR are:
Ambiguity in business policies.
Moral Responsibility.
Shareholders' rights
Explanation:
Against
The public should perceive the company as their savior and not their enemy. CSR helps a company stay in the good books of the public. If a cigarette manufacturing company opens a profit free farm or a recreational park for the public, it will ensure the maintenance of a positive image.
Morally, when a company takes something from the public e.g their clean air, or clean environment, then morally the company is bound to give something in return e.g a water filtration plant.
CSR can lead the public to support the company during times of need. A company during tough times might get several volunteers if it is known to have given much to the public.
Co-dependence is essential for the survival of both the organization and the public. Companies excel if the public likes them. If a company has been known to have only take and never give, then the balance is disturbed.
Against:
Not every company has the resources or interest to focus on one problem. Therefore, ambiguous policies of different organizations lead to partial working on one social issue or environmental issue. it leads the problem to be partially solved and not completely eliminated.
Company might morally owe the public in some domain but might not have the resources to fix that particular problem. It may leave the company in a moral debt. In order to compensate, a company may go beyond its capabilities which will not result in mutual benefit. Only one party will be happy.
CSR activities require resources. A company has several stakeholders and all might nit agree to spending/donating their profits for CSR activities. This may sound 'selfish' but public doesn't always know what the stakeholders are going through. CSR in such a case may deprive a stakeholder from a fraction of his share of profit.
Answer:
<u>Depreciation expense per year</u>
Year 1 = $1200
Year 2 = $800
Year 3 = $600
Year 4 = $300
Year 5 = $100
Explanation:
To determine the depreciation expense under the units of production/activity method of charging depreciation, we will first calculate the depreciation expense per unit and then multiply it with the units of production in each year to calculate the depreciation expense for that year.
The formula for depreciation under this method is attached.
Depreciation per unit = (3000 - 0) / 30000 = $0.1 per copy
<u />
<u>Depreciation expense per year</u>
Year 1 = 0.1 * 12000 = $1200
Year 2 = 0.1 * 8000 = $800
Year 3 = 0.1 * 6000 = $600
Year 4 = 0.1 * 3000 = $300
Year 5 = 0.1 * 1000 = $100
Blake wanted to offer high-quality meals in his restaurant. His motto was "the best darn meat and potatoes for miles around." the locals agreed that the food was good.
They also agreed that if you decided to eat there, be prepared to wait. food preparation and service were slow. although blake’s motto stated the business’s competitive advantage, your accurate advice to blake would be the winning competitive advantage is one that addresses quality and service.
A competitive advantage is what sets a company apart from its competitors, in the eyes of its consumers. These advantages allow a company to achieve and maintain superior margins, a better growth profile, or greater loyalty among current customers. A competitive advantage is often referred to as a “protective moat.”
There are three fundamental strategy options open to firms for attaining a competitive edge, according to Porter's Generic Strategies model. Cost leadership, differentiation, and focus are these.
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