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crimeas [40]
4 years ago
11

When all companies and their managers in a society behave in a socially responsible way, business increases, quality of life inc

reases, and a climate of caring will pervade. lawlessness all but ceases to exist. people look after their own interests. small business starts increase. inflation decreases.
Business
1 answer:
Mkey [24]4 years ago
7 0

Available Options Are:

A. A climate of caring will pervade.

B. Lawlessness all but ceases to exist.

C. People look after their own interests.

D. Small business starts increase.

E. Inflation decreases.

Answer:

Option A. A climate of caring will pervade.

Explanation:

When the people in a society start acting socially responsible which means that they value every single life on earth because acting socially means sustainability which says that the future generation needs must not be compromised in meeting current generation needs. Hence when everyone will be thinking as a socially responsible person then their will be a climate of care and every life matter would be understood by every single person on earth.

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At the intersection of the short-run aggregate supply curve, the aggregate demand curve, and the long-run aggregate supply curve
ExtremeBDS [4]

Answer:

a short-run equilibrium but not a long-run equilibrium.

Explanation:

The long run aggregate supply and aggregate demand when intersect they determine the economy level of equilibrium. This will determine real level of GDP and prices in the long run. The short run supply curve is upward sloping. It determines the quantity of the output that will be produced at each level of price in the short run.

7 0
4 years ago
(I figured it out, thank you for your time)
skelet666 [1.2K]
Well I am glad you figured it out, good for you
5 0
4 years ago
Hart Technology must accrue a loss contingency. The amount of the loss can be reasonably estimated within a range of outcomes. O
Shtirlitz [24]

The amount of loss that should be recognized is the <u>minimum amount </u><u>of the </u><u>range. </u>

<u />

<h3>Recording a Contingent liability </h3>
  • It should only be recorded if the loss is probable and the amount to be incurred as liability can be reasonably estimated.
  • If neither of the above are possible, the loss would be recorded as a footnote.

US GAAP rules state however that if the loss is probable and the amount is in a range, the amount to be recorded as a contingent liability should be the minimum of the range.

In conclusion, they should recognize the minimum amount.

Find out more on contingent liabilities at brainly.com/question/17371330.

3 0
2 years ago
High transaction costs will tend to a. reduce the number of mutually beneficial exchanges. b. lead to more specialization in acc
Contact [7]

Answer: Option (a) is correct.

Explanation:

Transaction costs are considered as a barrier or obstacle to trade between the nations. High transaction costs are generally occured because of the geographical proximity. Geographical proximity refer as the distance between the two nations. The larger the distance between the two nations, the larger will be the transaction costs. Therefore, higher transaction costs directly affects the trade between the two countries because it will become expensive for the nation.

Hence, this will reduce the number of mutually beneficial exchanges.

4 0
3 years ago
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company
Phoenix [80]

Answer:

Absorption Manufacturing Costs Per Unit  $ 102

Absorption Net  Income 771,000

Variable  Product Costs per unit = $ 90

Variable Net  Income 771,000

Explanation:

The difference between the absorption and variable costing is that fixed overheads are included in the product costs of absorption and they are excluded from the product costs of variable costing.

<u>Cool Sky</u>

<u>Product Cost Per unit</u>

<u>Absorption Costing</u>

Manufacturing costs

Direct materials per unit 44,000 *$60 = $ 2640,000

Direct labor per unit 44,000 *$22 = 968,000

Variable overhead  44,000 * 8= $ 352,000

Fixed overhead $528,000

Total Manufacturing Costs = $ 4488000

Manufacturing Costs Per Unit =  $ 4488000/ 44,000= $ 102

<u>Cool Sky</u>

<u>Income Statement for the year </u>

<u>Absorption Costing</u>

Sales 36,000 *$140 =  5040000

Manufacturing costs

Direct materials per unit 36,000 *$60 = $ 2160000

Direct labor per unit 36,000 *$22 = 792000

Variable overhead  36,000 * 8= $ 288000

Fixed overhead $528,000

Gross Profit  1272000

Selling and administrative cost

Variable selling and administrative 36,000 * 11= 396000

Fixed selling and administrative $105,000

Net  Income 771,000

<u>Cool Sky</u>

<u>Product Cost Per unit</u>

<u>Variable Costing</u>

Manufacturing costs

Direct materials per unit $60

Direct labor per unit $22

Variable overhead per unit   8

Variable Product  Costs per unit = $ 90

<u>Cool Sky</u>

<u>Income Statement for the year </u>

<u>Variable Costing</u>

Sales 36,000 *$140 =  5040,000

Manufacturing costs

Direct materials per unit 36,000 *$60 = $ 2160,000

Direct labor per unit 36,000 *$22 = 792,000

Variable overhead  36,000 * 8= $ 288,000

Variable selling and administrative 36,000 * 11= 396,000

Contribution Margin  1404,000

Less Fixed Costs

Fixed overhead $528,000

Fixed selling and administrative $105,000

Net  Income 771,000

6 0
3 years ago
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