Answer:
It should be ensured that the ethics code of the company is both global as well as local in scope
Explanation:
Code of ethics is the set of the principles which is to be followed by the company or business in order to conduct or perform and it will guide the behavior as well as decision making.
The motive of the code is to provide the members with the guidelines for the making the ethical decisions as well as choices in order to perform the work.
So, the ethic or code should ensure that it has both local as well as global scope for the company.
NOTE: The options are missing so providing the direct answer.
Answer:
Explanation:
In 1985, winner's prize money = $170
in 2007 winner's cheque = $ 1,173,000
percentage increase per year:
170 * ( 1 + r)^n = 1173000
(1+r)^112 = 6900
r = 8.212%
b) If the winner's prize increases at the same rate, amount will it be in 2040
= $170 * (1+8.212%)^145 = $15,863,002
Answer: C. private benefits of regulation to DIs.
Explanation:
Private benefits are those that the parties involved in a transaction experience. The Government insuring deposits in Deposit Institutions (DIs) is as a result of regulation of those same DIs.
A private benefit to DIs is that the cost of deposit funds has been reduced because the Government now insures the deposits directly so banks do not have to significantly account for such anymore.
Answer:
Mar 1 Cash 15000 Dr
Common Stock 15000 Cr
Mar 5 Cash 7800 Dr
Note Payable 7800 Cr
Mar 10 Equipment Account 19000 Dr
Cash 19000 Cr
Mar 15 Advertising expense 1000 Dr
Cash 1000 Cr
Mar 22 Accounts Receivables 16800 Dr
Service Revenue 16800 Cr
Mar 27 Cash 11800 Dr
Accounts Receivable 11800 Cr
Mar 28 Salaries Expense 4800 Dr
Cash 4800 Cr
Explanation:
Mar 1 The issuance of common stock will bring in cash so cash account will be debited and common stock, which is capital, will be credited.
Mar 5 The notes signed is a liability and will be credited as liability increases and the cash received will be debited.
Mar 10 The purchase of equipment against cash is an increase in equipment which is an asset so it will be debited and cash will be credited
Mar 15 The advertising is an expense and as it is increasing it will be debited and cash will be credited.
Mar 22 The provision of services on account will increase accounts receivable and service revenue. The revenue will be credited and receivables, which are asset will be debited.
Mar 27 The receipt of cash against receivables will be debited as cash increases and credited in receivables account.
Mar 28 The payment of salaries is an expense.
