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icang [17]
4 years ago
12

Jake serves on a committee of employees who were charged with selecting three co-workers to honor at the holiday banquet. One em

ployee whose name was at the top of everybody's list was instrumental in helping another employee who failed to wear his protective headgear to avoid suffering a serious head injury. Although this was a noble act, Jake knew that the hero was frequently negligent about wearing his own headgear. Jake knew that several other employees followed strict company policy every day and always wore their headgear; yet, they were not being acknowledged for their compliance. According to Norman Vincent Peale, which of the following questions should Jake refer to as he proceeds to make an ethical decision?
a) Is the action I am proposing to take something the boss would like to promote among workers?b) How does the action I am proposing to take make me feel about myself?c) Does the action I am about to take follow universal business practices?d) How can my decision help elevate my own status within the firm?
Business
1 answer:
jekas [21]4 years ago
4 0

Answer:

B) How does the action I am proposing to take make me feel about myself?

Explanation:

According to Norman Peale (the ideologist of positive thinking), decisions that affect or solve ethical dilemmas should be evaluated against three questions:

  1. My decision will follow the law and the company's policies?
  2. Is the decision balanced and fair?
  3. How does this decision made make me feel about myself?
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Discuss the differences between the short run equilibrium and long run equilibrium from the perspective of producers and from th
ehidna [41]

Answer:

In the long-run, the economy tends to favor consumers more than it favors producers.

Explanation:

This is because, in competitive market structures, firms earn economic profit only in the short-run, but in the long-run, this economic profit either disappears, or decreases substantially, because the structure of the market itself provides incentive for a dynamic flux of firms in and out of the industry, and economic profit moves along that flux: it goes up when the number of firm in the industry goes down, and it goes down when the number of firms in the industry goes up.

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3 0
3 years ago
Concord Industries purchased $9,100 of merchandise on February 1, 2020, subject to a trade discount of 10% and with credit terms
marishachu [46]

Answer:

Explanation:

The journal entries are shown below:

a. Merchandise Inventory A/c $8,190

              To Accounts payable A/c $8,190

(Being goods purchased on credit)

The computation after applying discount is shown below:

= Purchase amount - purchase amount × trade discount percentage

= $9,100 - $9,100 × 10%

= $9,100 - $910

= $8,190

b. Accounts payable A/c $2,610

     To Merchandise Inventory A/c $2,610

(Being goods returned is recorded)

The computation after applying discount is shown below:

= Purchase amount - purchase amount × trade discount percentage

= $2,900 - $2,900 × 10%

= $2,900 - $290

= $2,610

c. Accounts payable A/c Dr $5,580 ($8,190  - $2,610)

      To Cash A/c   $5,412.60                      

      To Merchandise Inventory A/c $167.40  ($8,190  - $2,610) × 3%

(Being due amount is paid and remaining balance is credited to the cash account)

3 0
4 years ago
Paiva Corporation splits its common stock 2 for 1, when the market value is $80 per share. Prior to the split, Paiva had 100,000
nydimaria [60]

Answer:

a. is reduced to $5 per share

Explanation:

Data given in the question

Market value per share = $80

Number of shares = 100,000

Par value = $10

So, after the split, the par value of the stock is

= Par value of the stock ÷ stock split ratio

= $10 ÷ 2

= $5 per share

By dividing the par value of the stock by the stock split ratio we can get the par value of the stock

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3 years ago
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