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Aleksandr-060686 [28]
3 years ago
9

Businesses created in the United States are required to comply with U.S. laws and must act ethically. Recall that the law create

s a minimum amount of behavior obligatory by businesses in humanity, whereas ethics requires more. Ethics is a major consideration in examining the actions of managers and the function of business organizations. An ethically minded business focuses on the following:
• Integrity: Focusing on the character of the individuals involved in the decision or action

• Consequences: Focusing on good and bad decisions

• Duties, obligations, and principles: Focusing on fairness, justice, and respect for individuals and property
As the manager of your restaurant, you want to have a clear understanding of how to handle ethical issues that arise. You conduct some research and discover there are six steps to ethical decision making.

Tasks:

1. List, explain, and give an example of the six steps of ethical decision making that businesses can follow.

2. Choose a business that you believe acts ethically and is socially responsible. Once you select a business, provide examples of how your company is acting with social responsibility.

3. Finally, decide whether your restaurant is going to be socially responsible by implementing a corporate social responsibility plan; provide an argument that supports or challenges the decision to implement the corporate social responsibility plan for the restaurant. Provide research, legal terminology, and cite a legal case to support your argument.


I am needing help on how to start this.
Business
1 answer:
Zarrin [17]3 years ago
5 0

Answer:

McDonalds  reacts ethically as an example

Explanation:

Hope it helped

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KCE Corporation is currently operating at its target capital structure with market values of $140 million of equity and $155 mil
MariettaO [177]

Answer:

Option (a) is correct.

Explanation:

Given that,

Equity = 140 Millions

Debt = 155 Millions

Debt Equity Ratio = Debt ÷ Equity

                             = 155 Millions ÷ 140 Million

                              = 1.11

KCE is financing its new project with 25 Millions

Let the New debt issued by x   and the New equity financed be (25-x) .

Debt Equity Ratio = Debt ÷ Equity

1.11 = (155 + x) ÷ (140 + 25 - x)

1.11 = (155 + x) ÷ (165 - x)  

183.15 - 1.11x = 155 + x

28.15 = 2.11 x

x = 13.34

Option (a) is the most nearest to this answer.

New Debt = 155 + 13.34

                 = 168.34 Millions

New Equity = 140 + 11.66

                    = 151.66 Millions

5 0
3 years ago
The town of Gracie has established a permanent fund to account for numerous significant gifts intended to maintain a cemetery in
Viktor [21]

Answer: B. Restricted Fund Balance

Explanation:

A Restricted Fund is created when the source of the funds sets certain stipulations for the use of the money which in this case is that the monies should be used for the maintenance of the cemetery. The monies will therefore be restricted to that use alone.

The Unspent Investment Earnings will be reinvested in the Permanent fund at the end of the year. The Permanent Fund is a Restricted fund account therefore the Unspent earnings will be classified as a Restricted fund balance as well.

4 0
4 years ago
An upscale organic foods grocery chain is implementing an information system that will enable it to add same-day home delivery o
Bond [772]

Answer: Paradigm shift

Explanation:

 The paradigm shift is one of the type of business management process that refers to the fundamental change in the current process and in the model.

The paradigm shifts is one of the concept in which that happened in terms of various types of context such as when the new technology are get introduced then it alter the new production process of the products and the services.

According to the given scenario, the process of delivering the groceries to the consumers. Therefore, Paradigm is the correct answer.

5 0
3 years ago
The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to
Ahat [919]

Question Completion:

Assume that Supplies were purchased during the year worth $13,000.

Record the adjusting entries.

Answer:

Adjusting Journal Entries on December 31, 2021:

Debit Interest Expense $4,000

Credit Interest payable $4,000

To record the accrued interest on the notes payable.

Debit Salaries Expense $3,000

Credit Salaries payable $3,000

To record the accrued salaries at year end.

Debit Supplies Expense $9,200

Credit Supplies $9,200

To record supplies expense for the year.

Explanation:

a) Data and Calculations:

Supplies purchased = $13,000

Supplies at year-end =   3,800

Supplies consumed = $9,200 ($13,000 - $3,800)

b) Adjusting entries are journal entries done at the end of a financial period to ensure that expenses and revenues are matched to the period they occur instead of when cash is exchanged.  This accords with the accrual concept and the matching principle of accounting.

3 0
3 years ago
Mills Corporation acquired as an investment $225 million of 8% bonds, dated July 1, on July 1, 2021. Company management is holdi
Sholpan [36]

Answer:

Please see solution below.

Explanation:

1.

July 1, 2021

Dr Investment in bonds $225,000,000

Dr Premium on investment in bonds $25,000,000

Cr Cash $250,000,000

December 31, 2021

Dr Cash $18,000,000

Cr Interest revenue $15,000,000

Cr Premium on investments in bonds

$3,000,000

2.

Investment in bonds. $225,000,000

Premium on investment in bonds $22,000,000

3.

January 2, 2022

Dr. Cash $266,000,000

Cr Investment in bonds $225,000,000

Cr Premium on investment in bonds $22,000,000

Cr Gain on sale of investments $19,000,000

Workings:

Effective interest rate on first coupon received = [ $225,000,000 × 8%] - [ $250,000,000 × 6%]

= $18,000,000 - $15,000,000

= $3,000,000

Premium on investment in bonds = $25,000,000 - $3,000,000

= $22,000,000

8 0
3 years ago
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