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Mekhanik [1.2K]
3 years ago
9

Name and explain the relationship between triple bottom line and social responsibility

Business
1 answer:
solong [7]3 years ago
7 0

Social business responsibility means that one company responsible for their product or service. Triple Bottom Line is one of the theories in business sphere. It means that one company is a member of the moral community, so it gets social responsibilities. Triple Bottom Line includes economic sustainability, social sustainability and environmental sustainability. If all three components are executed , then the business is developing successfully<span>.</span>

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In 1970, professor plum earned $12,000; in 1980, he earned $24,000; and in 1990, he earned $36,000. if the cpi was 40 in 1970, 7
Aneli [31]

Based on the scenario above, it is likely that Professor Plum’s salary that is considered to be at its highest was at 1970 whereas the lowest was during the 1990 and this could be based from CPI in which will evaluate his salary from where it became highest and lowest.

6 0
3 years ago
Read 2 more answers
Compensation for top executives (e.g., CEOs and CFOs) has become more variable over time. For example, recent data show that in
Luba_88 [7]

Answer:

Because :- CEOs & CFOs can have significant impacts throughout the entire business, & the type of reward plan will encourage the CFOs to work in a more rational manner.

Explanation:

CEOs & CFOs are a part of upper level of management of an organisation. Effectiveness & Efficiency of their managerial skills is very crucial to management of company. So, to encourage proper management of companies by senior managers, they can be incentivised by mix of fixed & variable salary structure. The variable component of salary as per company performance under CEO or CFO, positively motivates them to improvise their performance, which subsequently improves company performance.

3 0
4 years ago
The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows fro
Sophie [7]

Answer:

Balance of payments (BOP)

Explanation:

The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.

when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP

8 0
3 years ago
Dave Matthew Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump su
Sedaia [141]

Answer:

$78,199

Explanation:

If the market price of common stock is $165 per stock, then selling 500 common stocks should = $82,500

If the market price of preferred stock is $230 per preferred stock, then selling 100 preferred stocks should = $23,000

If we add both we would get $105,500. If we want to allocate the proceeds proportionally according to their market prices:

common stocks = ($82,500 / $105,500) x $100,000 = $78,199

preferred stocks = ($23,000 / $105,500) x $100,000 = $21,801

the journal entries should be:

  • Dr Cash account 78,199
  • Cr Common Stock account 5,000
  • Cr Capital Paid-in Excess of Par Value (Common Stock) account 73,199

  • Dr Cash account 21,801
  • Cr Common Stock account 10,000
  • Cr Capital Paid-in Excess of Par Value (Preferred Stock) account 11,801

3 0
4 years ago
Lightning Electronics is a midsize manufacturer of lithium batteries. The company’s payroll records for the November 1–14 pay pe
Alexeev081 [22]

Answer:

Journal entries for the following will be shown below:

Explanation:

1.

Journal entries for the wages expense is as follows:

Wages expense A/c.........................Dr     $50,000

        Income Tax Payable A/c................Cr   $7,000

        FICA taxes payable A/c...................Cr   $2,625

        Cash A/c...............................................Cr   $40,375

Working Note:

Cash = Wage expense - Income tax payable - FICA taxes payable

= $50,000 - $7,000 - $2,625

= $40,375

2.

Journal entry for the payroll expenses is as follows:

Payroll tax expense A/c............................Dr    $2,875

       FICA taxes payable A/c............................Cr   $2,625

       Unemployment taxes payable A/c.........Cr   $250

4 0
3 years ago
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