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larisa [96]
3 years ago
8

What ethical standard is being violated when you tell a friend that the company you work for is going to report lower than expec

ted earnings?
Business
1 answer:
zhenek [66]3 years ago
4 0

Answer:

Confidentiality

Explanation:

The Ethical standard of Confidentiality is one that demands an individual keeps information about a person or company out of public knowledge. It means that any information you have about a client or company that you work for is strictly meant to be between you and the company; no third parties. Information such as health details, company earnings, therapy session details, etc are examples of information meant to be kept confidential. A failure to keep confidentiality can result in legal action being taken against the erring individual.

Cheers

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Which of the following scenarios would be included in Gross Donestic Product?
german
Pam buys a new 40-inch television at Walmart
4 0
3 years ago
For the fiscal year ending December 31, previous year and the current year, Justin Co. has net sales of $1,000,000 and $2,000,00
Semmy [17]

Answer:

A) Accounts receivable turnovers are 10.0 and 6.6 and the ratios of uncollectible accounts receivable to gross accounts receivable are 0.30 and 0.16, respectively. Examine allowance for possible understatement of the allowance.

Explanation:

accounts receivable turnover from the previous year = total sales previous year / average gross receivables previous year = $1,000,000 / $100,000 = 10

accounts receivable turnover from the current year = total sales current year / average gross receivables current year = $2,000,000 / $300,000 = 6.67

ratios of uncollectible accounts receivable to gross accounts receivable for previous year = $30,000 / $100,000 = 0.3

ratios of uncollectible accounts receivable to gross accounts receivable for current year = $50,000 / $300,000 = 0.167

Option A shows the correct amounts for the accounts receivable turnover and ratios of uncollectible accounts receivable to gross accounts receivable. Since the ratio of uncollectible accounts receivable decreased so much during the current year, the allowance for accounts receivables for the current should be double checked to see if it wasn't understated.

4 0
3 years ago
Santana, Inc. reports the following liabilities (in thousands) on its January 31, 2014, balance sheet and notes to the financial
deff fn [24]

Answer:

$22,577.1

Explanation:

SANTANA INC.Balance Sheet (Partial)January 31, 2014

Current liabilitiesNotes payable $2,563.6

Accounts payable $4,263.9

Current portion of mortgage payable $1992.2

Warranty liability $1,417.3

Unearned rent revenue $1,058.1

Salaries and wages payable $858.1

Income taxes payable $265.2

Total current liabilities $12,418.4

Long-term liabilitiesMortgage payable$6,746.7

Bonds payable $1,961.2

Accrued pension liability$1,115.2

Notes payable $335.6

Total long-term liabilities $10,158.7

Total liabilities $22,577.1

($12,418.4 +$10,158.7)

3 0
3 years ago
Rugged Bikes, Inc., makes Rugged-brand bicycles and accessories, which are distributed to authorized dealers, including Super Sp
postnew [5]
This is a territorial restriction.
It even says in the text - territorial restriction refers to when a certain company forbids another company to sell its products in a certain location, because it will interfere with the first company's profits. The same thing happened here, because they don't want any competition on the market.
8 0
3 years ago
Assuming Dell sales will grow 50% in 1997, how might the company fund this growth internally?
stealth61 [152]

Dell can fund this growth internally by:

  • The $469 million increase in current liabilities serves as a source of funds.
  • The estimated increase in net profits to $395 million is approximately $123 million.
  • The short-term investment is assumed to be the same as in 1996, namely $591 million.

<h3>What is funding?</h3>
  • Business financing is a funding option that allows business owners to obtain business loans to cover expenses such as temporary cash flow interruptions, expansion projects, stock and equipment, and seasonal spikes in activity.
  • Retained earnings, debt capital, and equity funding are the three major sources of corporate financing.

So, according to the given chart:

  • As a result, an additional operating asset of $794 million is required to sustain growth.
  • The $469 million increase in current liabilities serves as a source of funds.
  • The estimated increase in net profits to $395 million is approximately $123 million.
  • The short-term investment is assumed to be the same as in 1996, namely $591 million.
  • As a result, we can confidently predict that growth will be funded internally.

Therefore, Dell can fund this growth internally by:

  • The $469 million increase in current liabilities serves as a source of funds.
  • The estimated increase in net profits to $395 million is approximately $123 million.
  • The short-term investment is assumed to be the same as in 1996, namely $591 million.

Know more about funding here:

brainly.com/question/25887038

#SPJ4

8 0
2 years ago
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