Answer:
(a) Income Statement
Belyk Paving Co.
Income statement for the year xxxx
Sales $2,384,000
Cost of goods sold $1,441,000
Gross Profit $943,000
Administrative and selling expenses $436,600
Depreciation expense $491,600
Operating Income 14,800
Interest expense $216,600
Income before Tax ($201,8000)
Tax rate 35% <u> $0 </u>
Net Loss <u>($201,800)</u>
(b) operating Cash flow
Net Loss ($201,800)
Add: Non cash Expenses (Depreciation) <u> $491,600</u>
Cash flow from operating activities <u> $289,800 </u>
Answer:
<u>compliance-based ethics.</u>
Explanation:
Compliance-based ethics can be defined as a set of rules and conduct for the actions of employees of a particular company to be based on compliance with the laws that regulate business. It is designed to prevent, detect and punish behavior that is not in accordance with a company's pre-established rules.
There are critics who believe that compliance-based ethical codes do not promote individual ethical ability, but rather enforce rules motivated by fear and punishment, as legality and ethics are complementary but not equal.
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Answer:
D. local marketing
Explanation:
Local marketing also known as neighborhood marketing is a marketing strategy that targets customers and potential customers in their locality, it is a type of marketing technique that direct their product offerings and marketing efforts towards the residents of their local community. It helps in establishing the brand in the minds of the new customers and the repeat customers.
Local marketing can be done through sponsorship of events, advertisement, e.t.c.
Answer:
D. I, II, III
Explanation:
For suggesting a variable annuity to a customer, the representative has the reasonable basis to trust the customer that gained from growth of the deferred tax for the separate account, the trust of receiving the income for life and the living or death benefit allowed in the contract
So here they all three give conditions should be considered as they are relevant
