Answer:
Socially responsible
Explanation:
The term social responsibility refers to give back to the society in which its operates. A firm being socially responsible means that it has an obligation to act for the benefit of society at large.
Being socially responsible helps both the society at large and also the firm. It helps the firm in the sense that it changes the orientation or give a good impression of the firm to the society and also helps the organisation to gain a bigger and larger customer base.
To the society, social responsibility of the a firm provides some basic needs that will improve the well being of the society.
Example of social responsibility by firms may include, organizing seminars that helps the society to gain more knowledge about a particular phenomenal, construction of health care centers, roads and making the environment more beautified.
Answer:
the demand quantity and the supply quantity at a price of $15 is 8 units
Explanation:
Supply, P = 1/4 Q²
Demand, P = - 1/4 Q²+30
If P = 15
Quantity Demanded will be 15 = -0.25Q²+30;
if we move 30 across the equality sign.
Therefore -0.25Q²=-15; divide both sides by -0.25;
Q² = 60, Q = 7.746, approximately 8 units
Quantity Supplied will be 15 = 1/4 Q², dividing both sides by 1/4
Q² = 60, Q = 7.746, approximately 8.
Answer:
savings
Explanation:
Because as an entrepreneur u need to save for the business you are doing
Answer:
Yes it does as the company expect to pay for the warranty but doesn't know as it may occur or don't dependion upon the notebook hardware and software performance over the 90-days period
Warranty expense 29,500 debit
Warranty Liability 29,500 credit
Explanation:
We will record a warrant liability for the 5% of the mount sold. As the warranty liability is generated at the time of sale which occur in December
Answer and Explanation:
The computation is shown below;
1. The willing amount to pay for the promise should be less than $20 that represents the time value of money
2. Now the present value is
= Received amount × discounting factor at 6% for 3 years
= $1,000 × 0.839
= $839
3. Now the interest rate is
As we know that
Future value = Present value × (1 + rate of interest)^number of years
$1,000 = $863.84 × (1 + rate of interest)^3
rate of interest =5% approx
