Sophia’s ethical obligation is to inform Pete about the mistake made in the draft of contract.
<h3>What is an ethical obligation
?</h3>
An ethical obligation refers to a moral requirement to follow a certain course of action.
Hence in this case, Sophia’s ethical obligation is to inform Pete about the mistake made in the draft of contract and correct the same.
<h3>Should she tell him about the mistake? </h3>
Yes, she should tell him because both party in a contract are expected to be transparent and disclose facts to one another.
<h3>What
Life Principles would i apply in this situation?</h3>
I will apply the life principles of transparency.
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Answer:
The answer is below
Explanation:
Vertical merger is a business term, that describes the acquisition of one or more firms by another firm, in which the firms involved are not in direct competition.
In other words, it is a situation where by, a firm acquires a supplier or distributor. A vertical merger, is considered to result to reduced cost and increment in productivity of the firm that acquires other firm.
Benefits of Vertical Merger.
1. Operational Improvements: one of the benefits vertical mergers, is in operational improvements, such that, as the reduction in cost, the delay in delivery of supplies will be greatly reduced or outrightly eliminated. It could also created avenue or marketing opportunity in supplying materials to competitors or other firms
2. Financial Synergies: this implies that, vertical merger could increase the company access to capital, funds, or credit facility from banks, which can be used in smooth running of the firm.
3. Management Efficiencies: vertical merger can leads to reduction in the cost and running of executives, such that, the inefficient personnels are removed and at the same time, increase the overall operations and commun of the excutives.
Josh's company, like many other organization, is a hierarchical organizational structure.
<h3>What is a hierarchical organizational structure?</h3>
A hierarchical organizational structure is a formal type of structure that is usually followed by the multi-national and large industries.
It is a systematic structure, in which decisions are made by the top management. Then, the decisions being made by the top level will be followed by the other departments.
It is a formal decision making process.
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Answer: Changes in production and demand
Explanation:
Answer:
$120.38 million or $120 million
Explanation:
Year 2018
Timing difference resulting into liability for the year 2018:
= Total sales - sales in 2018
= $663 - $74
= $589 million
Therefore,
Deferred tax liability:
= Timing difference resulting into liability for the year 2018 × Income tax rate
= $589 million × 0.26
= $153.14 million
Year 2019
Brought forward Timing difference resulting into liability = $589 million
Timing difference resulting into asset for the year 2019 = 126 million
Therefore,
Balance timing difference resulting into liability = $589 - $126
= $463 million
Thus,
Deferred tax liability for the year 2019 = $463 × 0.26
= $120.38 million or $120 million