How is a line of credit similar to a credit card

A large computer manufacturer forbids its executives and managers from serving as directors or officers for Intel Corporation or

posledela

Answer:

Conflict of interest(COI)

Explanation:

The large computer manufacturing company is trying to prevent a conflict of interest.

Conflict of interest(COI): This occurs when an individual is occupying two different social position at the same time in which different benefits are attached to each social roles. It can disrupt the decision-making process of an individual which could lead to loss of integrity.

Conflict of interest arises when an individual has competing obligations because of their duties to more than one person or organization simultaneously.

An individual is subject to two coexisting interests that are in direct conflict with each other.

Conflict of interest can also involve an organization. It could be a case in which an individual or organization performs two different roles simultaneously, and performing an obligation could involve working against another.

A person or organization with conflict of interest can't be 'just' in their decision making.

5 0

3 years ago

Widden Company, which sells electric razors, had $320,000 of cost of goods sold during the month of June. The company projects a

butalik [34]

Answer:

Part A. The amount of purchases budgeted for July is calculated below:

Amount of purchases = Cost of goods sold + Closing inventory - Opening inventory

Amount of purchases = ($320,000 x 1.09) + $34,000 - $33,000

Amount of purchases = $348,800 + $34,000 — $33,000

Amount of purchases = $349,800

Therefore, the amount of purchases budgeted for July is $349,800.

Part B. The amount of cash payments budgeted for inventory purchases in July is calculated below:

Amount of cash paid in July = Opening accounts receivable + 75% of purchases in July

Amount of cash paid in July = $37,000 + ($349,800 × 0.75)

Amount of cash paid in July = $37,000 + $262,350

Amount of cash paid in July = $299,350

Therefore, the amount of cash paid in July is $299,350.

8 0

3 years ago

The human resource department (HR) of Asterix, a large organization, recommends setting up fitness centers and conducting career

EastWind [94]

Answer:

c

Explanation:

promoting individual growth and development means the same as to enhance the overall progress of its employees

6 0

4 years ago

How do you answer other people question because it wont let me. :( im not really in highschool :)

mylen [45]

If there are already two people answering, it will not let you answer.

4 0

3 years ago

Citi Compary is preparing the company's statement of cash flows for the fiscal year just ended. The following information is ava

ladessa [460]

Answer:

There appears to be a missing option A,of $44,000, which is correct option

The amount of cash dividends paid is $44,000 as shown below

Explanation:

The cash dividends paid in the year can be summarized below:

Cash dividends outstanding at the beginning of the year $17,000

Cash dividends declared during the year $40,000

less cash dividends outstanding at the end of the year ($13,000)

Amount of cash dividends paid during the year $44,000

It expected that the dividends payable at the beginning of the year is given precedence over dividends outstanding at the end of year when it comes to making payment,hence the reason the earlier one is added to the cash dividends declared in the year and the later one taken out.

4 0

3 years ago