All categories

3 years ago

Discuss how the following socio economic issues can be a challenge to social responsibility:

1 answer:

5 0

Unemployment, poverty and human rights are obstacles in the formation of social responsibility. This greatly prevents a person to be able to develop social responsibility. Having a job teaches a person the value of responsibility. It also enables him to stand on his own two feet and later encourages him to do a bigger role in society. If a person is financially secure and have rights then that person can do more for society.

You might be interested in

A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together i

oee [108]

Answer:

11.11%

Explanation:

The computation of the return on assets is given below:

But before that following calculations need to be done

Total assets = Total debt ÷ Total debt ratio

= $657,000 ÷ 0.31

= $2,119,354.839

Total equity = Total Assets - Total Debt

= $2,119,354.839 - $657,000

= $1,462,354.839

Net profit = Total equity × Return on equity

= $1,462,354.839 × 0.161

= $235,439.129

And, finally

ROA = Net profit ÷ Total Assets

= $235,439.129 ÷ $2,119,354.839

= 11.11%

7 0

2 years ago

An investor purchased 100 shares of stock X at \small 6\frac{1}{8} dollars per share and sold them all a year later at 24 dollar

Salsk061 [2.6K]

Answer:

option (C) 280%

Explanation:

Number of shares of stock X purchased = 100

Purchasing cost of share = $\$6\frac{1}{8} =\frac{49}{8}$

Selling cost of stocks = $24 per share

Brokerage paid = 2%

Now,

The total purchasing cost involved = $100\times\frac{49}{8}$ + 2% of $100\times\frac{49}{8}$

= 612.5 + 0.02 × 612.5

= $624.75

also,

Total income from sales of stocks

= Total selling cost of shares - brokerage paid

= $24 × 100 - 2% of Total selling cost

= $2400 - ( 0.02 × $2400 )

= $2400 - $48

= $2,352

now,

The investor's percent gain on this investment = $\frac{\textup{Income-invested amount}}{\textup{Invested amount}}\times100\%$

= $\frac{\textup{2,352 - 624.75}}{\textup{624.75}}\times100\%$

= $\frac{\textup{1727.25}}{\textup{624.75}}\times100\%$

= 276.47% ≈ 280%

Hence, the correct answer is option (C) 280%

7 0

3 years ago

What is the richest state?

Ivanshal [37]

Colorado not even kidding

8 0

3 years ago

Breonna Corporation leases equipment from Falls Company on January 1, 2020. The lease agreement does not transfer ownership, con

maksim [4K]

Answer:

$35,000

Explanation:

Since this is an operating lease (short lease term, no transfer of ownership, and low present value of lease payments), the lessor has to record a depreciation expense, but the lessee only considers lease payments as operating costs (no depreciation expense or lease liability should be recognized).

Depreciation expense per year under the straight line method = asset cost / useful life = $280,000 / 8 years = $35,000

7 0

2 years ago

Grainger Company is a major automotive parts manufacturer operating in six countries. It has no restrictions on stock sales and

alisha [4.7K]

Answer:

The correct word for the blank space is: public.

Explanation:

A public corporation has sold stock through an Initial Public Offering (IPO) to the public and that stock is currently traded on a public stock exchange or the Over-The-Counter (OTC) market. The ability to sell public shares is very important to these businesses as it provides them with a source of capital for investment.

5 0

3 years ago