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statuscvo [17]
3 years ago
11

The change in inventory value was created purely by accounting and exchange rate factors, because the subsidiary still has the s

ame inventory and assets in place. However, this change would affect Streep’s consolidated financial statements and ratios. Assuming no other changes occurred, what effect would this have on Streep’s current ratio?
Business
1 answer:
Alik [6]3 years ago
3 0

Answer:

It would decrease by $7,504.

Explanation:

The current ratio determines liquidity of a company. The current ratio is calculated by dividing total current assets from total current liabilities. The change in inventory will affect the current ratio of the company. In the consolidated financial statements the value of inventory is decreased due to exchange rate fluctuations. The change in value of inventory will affect the amount reported in the balance sheet of the parent and will ultimately result in reduction of current ratio.

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The term _____ refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.
lilavasa [31]

The term Social responsibility refers to a business's obligation to

maximize its positive impact and minimize its negative impact on society.

<h3>What is the role of social responsibility in Business?</h3>

  • Social responsibility means that businesses, in addition to maximizing shareholder value, must act in a manner benefiting society, not just the bottom line.
  • Social responsibility has become increasingly important to investors and consumers who seek investments that not only are profitable but also contribute to the welfare of society and the environment.
  • While critics have traditionally argued that the basic nature of business does not consider society as a stakeholder, younger generations are embracing social responsibility and driving change.

<h3>Extra keywords for social responsibility:</h3>
  • Social responsibility means that besides maximizing shareholder value, businesses should operate in a way that benefits society.
  • Socially responsible companies should adopt policies that promote the well-being of society and the environment while lessening negative impacts on them.
  • Companies can act responsibly in many ways, such as by promoting volunteering, making changes that benefit the environment, engaging in ethical labor practices, and engaging in charitable giving.
  • Consumers are more actively looking to buy goods and services from socially responsible companies, hence impacting their profitability.
  • Critics assert that practicing social responsibility is the opposite of why businesses exist.

To learn more about Social responsibility, refer

to brainly.com/question/25922327

#SPJ4

6 0
2 years ago
Crane company produces flash drives for computers, which it sells for $20 each. the variable cost to make each flash drive is $1
Butoxors [25]
The break even level of sales is <span>$1400</span> +$13*n
7 0
3 years ago
In a particular​ department, 8,200 units were started and all but 800 were completed at the end of the period. These 800 were​ 7
myrzilka [38]

Answer:

Equivalent units for direct materials 8,020

Explanation:

To calculate the problem, consider the following information.

Units completed during the year (8200-800) 7,400

+ Ending Work in Process (800*80%) 620

--------------------------------------------

Equivalent units for direct materials 8,020

7 0
3 years ago
You are thinking about opening your own personal retirement account at a local bank. The IRA account that the representative spo
gulaghasi [49]

Answer: The options are missing in the question,they are;

A) Rollover IRA

B) Educational IRA

C) Traditional IRA

D) Roth IRA.

The correct answer to the question is option D

ROTH IRA.

IRA- Individual retirement account.

Explanation: Roth IRA is a type of IRA account,it is a type of tax-advantaged retirement savings account.it allows one to pay more taxes inorder to get a bigger tax savings down the line as the investment grows, when it's time for withdrawal,it will be tax-free.

The contributions in Roth IRA are not tax-deductible, but once you start withdrawing funds, the money is tax-free. savings are built by allowing the owner of the Roth IRA to make regular contributions and invest them in a portfolio of stocks, bonds, mutual funds or other investments.the taxes on investment transactions that occurs in the Roth IRA account are deferred until withdrawal of any earnings are made. Just like other IRA accounts,Roth IRAs offer several key benefits, including tax-free growth, tax-free withdrawals in retirement, and no required minimum distributions,the only disadvantage of a Roth IRA is that contributions to a Roth are limited by your household income.

4 0
3 years ago
"An inflationary gap exists when AD and SRAS" :
lozanna [386]

Answer: The Answer IS A.

Explanation: fail to Intersect

8 0
4 years ago
Read 2 more answers
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