The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True
.
Option a
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Explanation:
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To thrive in the competitive world of business one has to have ethics in doing business. By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.
From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.
Even though the project are genuine but the moral responsibility in reporting revenues to the investors take taken a dent by doing an unethical thing.
Answer:
provide ongoing customer support, service, and be alert for new sales opportunities
Explanation:
Answer: Percentage change OCF = 27.96%.
Explanation:
Given that,
Output level = 59,000 units
Degree of operating leverage = 3.3
Output rises to 64,000 units,
Degree of Leverage =
Percentage change OCF = Degree of Leverage × Percentage change in Quantity
=
= 27.96%
Answer: so that you can be placed with the right job
Explanation:
Answer:
Dividend $82,500 (debit)
Cash $82,500 (credit)
Explanation:
Dividends are distributed to the shares outstanding at declaration date instead of authorized shares.
Dividend = 110,000 shares outstanding × $1× 0.75
= $82,500
Note : Value used is based on the par value of shares
Dividend $82,500 (debit)
Cash $82,500 (credit)