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kotegsom [21]
3 years ago
6

Recently a project team for Cosco, the world's largest children's products company, developed a high chair that could be used as

an infant feeding seat, a youth chair, a play chair, a booster chair, and it could be reclined to make an infant bed. Its design could be made and sold for $49. Cosco rushed the chair into production to beat its competition before it was properly safety tested and when some children were injured as a result of this chair, Cosco denied culpability by saying that only a few consumers had had any trouble with the chair. These consumers had not read the instructions that came with the chair and had assembled it improperly. Cosco's actions exemplify which of the following philosophies?
1) existentialism
2) moral idealism
3) communism
4) socialism
5) utilitarianism
Business
1 answer:
xz_007 [3.2K]3 years ago
3 0
It would be 1) existentialism
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For these types of instruments, the company will record the Unrealized Gains (losses) in Other Comprehensive Income. This is a part of the Equity Section of the balance sheet.

At the end of the period, the Unrealized Gains (losses) resulting from the Available for Sale Securities do not go to the income statement but rather are put into the Accumulated Other Comprehensive Income distinction in the Equity section of the balance sheet. You can find it right below the Retained Earnings line.

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3 years ago
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Answer:

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