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Nonamiya [84]
3 years ago
15

Flexo Trucking Company transports hazardous waste. Garn is a Flexo driver, whom the company knows drives longer hours than feder

al regulations permit. One night, Garn exceeds the limit and has an accident. Spilled chemicals contaminate Hill City’s water source, forcing the residents to move away. Flexo acted unethically because​
Business
1 answer:
SCORPION-xisa [38]3 years ago
8 0

Answer:

They shown reckless behaviour towards hull city resident

Explanation:

Flexo is a trucking company which transports hazardous material from one place to another. In doing so, they used Garn who drives longer hours and due to that, he exceeded the speed limit and had the accident. In this scenario, Flexo acted unethically because they have shown reckless behaviour towards hull city resident. This is an unethical practice which they must avoid future contamination and losses.

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At the beginning of 2020, Concord Company acquired a mine for $3,251,600. Of this amount, $124,000 was ascribed to the land valu
Sav [38]

Answer:

A. $737,520

B. $530,320

Explanation:

a. Computation for the total amount of depletion for 2020.

First step is to calculate the Depletion Rate

Depletion Rate = ($3,251,600 - $124,000 + $49,600 + $210,800)/12,100,000

Depletion Rate= $3,388,000/ 12,100,000

Depletion Rate= 0.28

Now let calculate the total amount of depletion for 2020.

2020 Total amount of depletion= 0.28 × $2,634,000

2020 Total amount of depletion= $737,520

Therefore the total amount of depletion for 2020 is $737,520

B. Computation for the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.

Expense amount charged= ($737,520/$2,634,000)* 1,894,000

Expense amount charged=0.28 *1,894,000

Expense amount charged=$530,320

Therefore the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020 is $530,320

7 0
2 years ago
Urgent help needed. Thanks in advance.
Scilla [17]

Answer:

true is the correct answer right

8 0
3 years ago
On June 17, the Lattern Company issued 120,000 shares of its $0.10 par value common stock in exchange for land. On the date of t
Aloiza [94]

Answer:

The answer is A. Debit: Land, $1,200,000

Explanation:

The journal entry Lattern Company needs to record is:

Dr Land 1,200,000

Cr Common share 12,000

Cr Paid-in capital - Common share   1,188,000

As 120,000 shares is exchanged for the land and the share is traded in the exchange, the value of the land should be recorded at the market price of these 120,000 shares or 120,000 x 10 = $1,200,000.

Common share account is recorded at par value x number of shares issued = 0.1 x 120,000 = $12,000 while Paid-in capital-Common share account records the difference between market price and par value at the time of shares issuance or ( 10 - 0.1) x 120,000 = $1,188,000.

Thus, the correct answer is A. Debit: Land, $1,200,000

5 0
3 years ago
What are the best top 10 Nightcore songs right now
seraphim [82]

Answer: Maps, this little girl, just a dream, undead, god is an angle, be alive, the sweet life, I don't care, Mother murder, find my way to you.

Explanation: My favorit is just a dream

5 0
3 years ago
During the growth stage of a product life cycle, companies should focus on: a. creating product differentiation. b. increasing o
GuDViN [60]

Answer:

Option A Creating Product Differentiation

Explanation:

The reason is that in the growth stage the company must add further features to the product to increase the product life and also capture the additional market share. This will only be possible if we have product differentiation.

The option D says that using anti-competitive strategy will give advantage to companies but this is not true, the reason is that the entrants enter the market when the product is at mature position (Normally). But this is not true in all situations.

So the best option is A

8 0
3 years ago
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