Answer:
2. concern for the welfare of society.
Explanation:
Corporate social responsibility refers to a concept that helps a company to take into account environment and social concerns in the business activities to make valuable contributions to society. According to this, the answer is that corporate social responsability describes the firm's concern for the welfare of society.
Since the company is following a periodic inventory system, it has to use temporary accounts to record sales and purchases.
Transaction A
Purchases – Dr 860500
Accounts payable 860500
Transaction B
Accounts payable - Dr $111,600
Purchase returns $111,600
Transaction C
Accounts payable - Dr 748900
Discount received 14,978
Cash 733,922
Answer:
D) Shares in a brewery
Explanation:
Beer is not a durable good, and the security analyst reported non-durable goods are not going to perform well. The analyst didn't specify which non-durable goods would not perform well, but beer is the only possible option. The other three alternatives all relate to durable goods (steel, industries, home appliances).
Answer:
D
Explanation:
Firstly, before we answer this question, we need to know what a futures contract is.
A futures contract can be defined as an agreement specifying the delivery of a commodity or a security at an agreed future date and at a currently agreed price.
This means to set a future contract rolling, we need to have an agreed date if delivery and currently agreed price by both parties involved.
Now, to the question, the correct answer is D. He has the obligation to deliver the underlying financial instrument at the specified future date
Answer:
$7,580
Explanation:
In April of this year, Tim paid $1,160 with his state income tax return for the previous year.
Tim had $5,200 of state income tax
Tim made estimated payments of $1,220 of state tax.
Therefore:
$1,160 + $5,200 +$1,220=$7,580
Tim can deduct the state taxes paid with state income tax return for the previous year, state tax which was withheld during the year, and estimated payments of state tax, a total of $7,580 in which the expected refund next year will not affect the deductions for this year, due to the fact that it may be taxable next year under the tax benefit rule.
