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.
Answer:
Semler's early leadership Style was the coercive one. He expected a lot from his employees believe in micromanaging his team. He always do overtime and expects the same from his employees/team as well.
Explanation:
Semler's early leadership Style showed that he wanted immediate success and be bossy in terms of selecting and firing the employees.
The net change in the Cash account balance from these three transactions is $30,000
What is the company's net change in cash account balance?
The net change in company's cash balance is the excess of its cash inflows from sources minus its cash outflows from all sources, in other words, the net change in cash balance from the three transactions is the funds raised long-term debt issuance and the amounts paid for equipment and raw materials
net change in cash balance=$200,000-$150,000-$20,000
net change in cash balance=$30,000
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Answer:
The total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800
Explanation:
The computation of total general and administrative expense is shown below:
= Administrative salaries + Other cash administrative salaries + depreciation + Monthly interest on an outstanding bank loan
= $5,000 + $2,400 + $1,350 + $50
= $8,800
All cost is need to be recognized while computing the general and administrative expense because it is related to the expenses. Hence, it is included in the computation part
Hence, the total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800
Answer:
Gerald's outside basis immediately after his contribution is $9000.
Explanation:
A Partner's outside basis consists of the basis of the contributed property less any debt relief the property received plus the portion of debt the partner assumes based upon the Partner's interest in the partnership.
In this case, the nonrecourse mortagage is allocated to partners strictly according to their profit sharing ratios because the mortagage does not exceed the basis in the contributed profit, i.e,
[$15,000 - ($9,000 + ($9,000 X 33%)).
Approximately it is $ 9,000
Therefore, Gerald's outside basis immediately after his contribution is $9000.