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4 years ago

What does it mean for an organization to act ethically? How can one evaluate whether this is the case?

Business

1 answer:

Triss [41]4 years ago

4 0

Explanation:

Organizational ethics can be defined as a branch of ethics regarding the morally correct conduct that a company must implement to regulate its actions in the internal and external environment.

The set of ethical values determined in an organization is extremely relevant for a positive organizational culture, where there is mutual respect among employees and a favorable organizational climate that provides motivation and the development of the skills of each member.

In order to be implemented effectively, it must be shared as an essential conduct principle for the behavior of individuals, corresponding to all hierarchical levels.

There are several benefits added to a company that adopts ethical principles as the basis for the development of its business. Some of them are:

Improved company reputation.
Brand strengthening.
Positive results.
Higher productivity.
Improved communication.
Creates value for stakeholders.
Improvement in organizational processes.

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Cheryl was balancing the Trial Balance of the company. She found that the debit balance totaled $73,000 and the credit balance w

klio [65]

I think it is both sides

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3 years ago

Read 2 more answers

is an input required for a multinational capital budgeting analysis, given that it is conducted from the parent's viewpoint. a.

Leto [7]

Answer:

e. All of the above are inputs required for capital budgeting analysis.

Explanation:

All of the given parameters are inputs required for capital budgeting analysis. is an input required for a multinational capital budgeting analysis, given that it is conducted from the parent's viewpoint.

a. Salvage value

Salvage value is the estimated resale value of an asset at the end of its useful life. It is an applicable cashflow in investment appraisal

b. Price per unit sold

This is the parameter used to calculate the amount of revenue which is the first line of cashflows in an investment appraisal

c. Initial investment

This is the amount that is first spent on capital acquisition of machinery or construction, it is a cashflow in year 0, of investment appraisal

d. Consumer demand

This is the another parameter used to calculate the amount of revenue which is the first line of cashflows in an investment appraisal

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3 years ago

You are analyzing ABC Company, a computer manufacturer. You notice that inventory turnover this year is significantly lower than

nexus9112 [7]

Answer:

ABC Company

1. Observation: Current year's inventory turnover is significantly lower than those of previous years.

Explanations:

1. Lower inventory turnover implies weaker sales for the current period than those of previous years.

2. Lower inventory turnover results from excessive inventory, which increases storage costs and interest expenses.

3. The ratio may also indicate that the demand for the product is declining rapidly. Many reasons can be adduced for this situation. Little marketing efforts, bad product, and lack of product competitiveness.

a) The formula for computing the inventory turnover equals Cost of goods sold/Average Inventory. The ratio shows the number of times goods are sold in a period. When goods are sold more frequently, sales activities increase, including revenue and profit.

2. Observation: Also current year's accounts receivable turnover is significantly lower than in previous years.

Explanations:

1. Billing inefficiency can contribute to lower accounts receivable turnover.

2. Poor credit policy may give rise to inefficient collection process, excessive bad debts, long credit days, bad customers, and lack of incentives to customers to settle their invoices.

3. Lastly, lower accounts receivable turnover may point to declining demand of the product by customers.

b) The formula for calculating the accounts receivable turnover is Net Credit Sales divided by Average receivables. The ratio determines the effectiveness of the company's credit policy.

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3 years ago

Julie, a single taxpayer, has completed her 2018 Schedule C and her net loss is $40,000. Her only other income is wages of $30,0

arsen [322]

Answer: See Explanation

Explanation:

a. Calculate Julie's taxable income or loss

This will be calculated as:

Wages - Business loss - Standard deduction

= $30000 - $400000 - $12000

= -$22000

There's a taxable loss of $22000

b. Calculate the business and nonbusiness portions of her taxable income or loss

The business loss will be the difference between the wages and the net loss which will be:

= $30000 - $40000

= -$10000

The non business loss is $12000 which is the standard deduction.

c. Determine Julie's 2018 NOL

The net business loss is $10000

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3 years ago

In its current year income statement, Cere Co. reported income before income taxes of $300,000. Cere estimated that, because of

Andreas93 [3]

The amount that Cere should report as income tax expense is $84,000.

Income tax expense refers to the amount of taxes owed by a person to the taxing authority.

The Formula for Income tax expense is Taxable income * Effective tax rate.

<u>Given Information</u>

Taxable income = $280,000

Effective Tax rate = 30%

Income tax expense = $280,000 * 30%

Income tax expense = $84,000

Therefore, the amount that Cere should report as income tax expense is $84,000.

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3 years ago