Answer:
The amount in the account on the 18th birthday = $ 25,645.41
Explanation:
<em>The investment can be described as an ordinary annuity. An ordinary annuity is a series of equal periodic cash flows that occur for a certain number of years</em>
<em>The amount the invest will accrue principal plus interest is known as the f</em><u><em>uture value</em></u><em> of the annuity</em>
It is determined as follows:
<em>FV = A × ( (1+r)^n -1 ) / r</em>
FV - ?, A = 1000. r - 4%- 0.04, n - 18
FV = 1,000× ( ( (1.04)^(18) - 1 )/ 0.04
= 1,000 × 25.64541288
= $ 25,645.41
The amount in the account on the 18th birthday = $ 25,645.41
Answer:
A. it does not entail actions/behaviors that cross the moral line from "can do" to "should not do" (because such actions are unconscionable, injurious to others, or unnecessarily harmful to the environment).
Explanation:
What keeps a company going is their moral conduct and transparency. It is the basic ethics any company must possess. A company's service should be established within the phrases of "can do" and should not have exceptions attached such that it may cause harm if done otherwise.
Answer:
$502,500
Explanation:
Heaton industries incorporation reported retained earnings of $225,000 on 12/31/2020
They also reported a net income of $172,500 during the year
On its previous balance sheet the company reported retained earnings of $555,000
Therefore the amount paid in dividends by Heaton during 2029 can be calculated as follows.
= $555,000+$172,500
= $727,500
$727,500-$225,000
= $502,500
Hence the amount paid in dividends by Heaton corporation during 2020 is $502,500
Answer:
To be most effective, a Code of Ethics must be drafted in a positive actions or results-based approach.
Explanation:
A code of ethics can be defined as a document with several guidelines that guide people as to their ideal postures and attitudes, morally accepted or tolerated by society as a whole, framing the participants to a politically correct conduct and in line with good image that the entity or profession wants to occupy, including encouraging the voluntariness and humanization of these people and that, in view of the creation of some professional activities, is drafted, analyzed and approved by its competent class entity, organization or government, in accordance with with the attributions of the activity performed, so that it will suit the interests, struggles or desires of the community benefited by the services that will be offered by the professional on whom the code has an effect.
As such, a code of ethics sets standards that regulate the behavior of people within a company or organization. Although ethics are not coercive (they do not imply legal penalties), the code of ethics presupposes internal rules that are mandatory.
