Explanation:
Yes, it is necessary to have a written code of conduct so that employees have an instrument that regulates and regularizes fraud situations in the company. The code of conduct is a necessary document so that employees can guide the ideal ethical behavior for a professional, as well as serving as a protection document for those who suffer an unethical act by third parties.
It is necessary, in addition to the written code of conduct, that behaviors be guided and valued when positive, starting with leaders, who must behave based on ethics and respect for employees. Through shared ethics, an organizational culture favorable to the development and motivation of employees is created.
Answer:
a) Baker's profit margin = 7.5%
b) No change on return on total assets
Explanation:
a) Assets Turnover = 
= 1.6 times
Return on total assets = 
= 12%
Then we have profit margin on sales = 
= 
= 7.5%
b) In case asset turnover declined to 2 times with profit margin of 6% then Return on total assets = Asset turnover ratio X Profit Margin
= 2 X 6% = 12%
Thus there is no change in that case on return on total investments.
a) Baker's profit margin = 7.5%
b) Thus there is no change in that case on return on total investments.
Answer:
B) The stock price will not change, because the market had already incorporated the information about the FDA approval announcement in the stock price.
Explanation:
As explained in the question, the stock market consensus has been that even after the new drug was released, the stock price, and the earnings per share of the pharmaceutical company will remain the same, therefore, there will no volatility.
Answer:
Total cash collections in February are $133600
Explanation:
The collections in the month of February will include 20% of sales made in February in account for cash sales.
Cash sales = 140000 * 0.2 = $28000
Thus, Credit sales for February are = 140000 - 28000 = $112000
Out of these credit sales made in February, 60% will be collected in February. Thus, credit sales made in February that will be collected in February are,
February collections from February credit sales = 112000 * 0.6 = $67200
Total cash collections in February from February sales = 67200 + 28000
Total cash collections in February from February sales = $95200
In addition, out of the credit sales made in January, 40% will be collected in February.
Collection from January sales in February = 120000 * 0.8 * 0.4 = $38400
Total collections in February = 38400 + 95200 = $133600
Answer:
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