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Diano4ka-milaya [45]
3 years ago
10

Laws have curtailed smoking, and as a result, the sale of cigarettes is down. Rather than fighting the law, the cigarette indust

ry is looking for ways to take their business beyond cigarettes. Many experts believe that the cigarette producers have found a way around the law with the promotion and distribution of smokeless tobacco, which has shown consistent sales gains over the last decade. In terms of the social responsibility pyramid, at which level is the cigarette industry operating
Business
1 answer:
4vir4ik [10]3 years ago
6 0

Answer:

From the top of the pyramid, the Cigarette Industry is operating at the penultimate level which speaks to Legal Responsibility.

In descending order, there are four levels on the social responsibility pyramid. Namely:

  1. Philanthropic Responsibility Phase: At this stage, the companies seek to contribute to improving the quality of life within and outside the communities they operate. Location sometimes may depend on policy and strategy.
  2. Ethical Responsibility Phase: At this phase of the pyramid, the companies are concerned about preventing damage to their brand. Therefore, they play to do what's right, just and fair.
  3. Legal Responsibility Phase: Companies working on this level will be comfortable playing by the rules. Their responsibilities are guided strictly by what is right and or wrong as far as the Laws of their e where they are located are concerned.
  4. Economic Responsibility Phase: The focus of the business at this stage is to fulfil its economic responsibilities. Any business' primary responsibility is to be and stay profitable.

Cheers!

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Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $9 million, and a gain on
Lerok [7]

Answer:

$86 million

Explanation:

The computation of the net cash flows from operating activities using the indirect method is shown below:

Cash flows from operating activities

Net income $81 million

Add: depreciation expense $9 million

Less: Gain on sale of equipment -$1 million

Less: Increase in account receivable -$3 million

Less: Increase in inventory -$3 million

Add: Increase in account payable $3 million

Net cash flows from operating activities $86 million

5 0
2 years ago
g The Investment Trust Fund for Watson County had the following transactions and events during the calendar year 2022: 1. The ci
sergeinik [125]

The Journal Entries recording the transactions for Investment Trust Fund by Watson County are as follows:

Journal Entries for 2022:

1. Debit Cash $250,000

Credit Contributions, Turtle Creek $150,000

Credit Contributions, Pineview $100,000

To record the contributions by the two cities to the Investment Trust Fund.

2. Debit Investments $187,500

Credit Cash $187,500

To record the purchase of investments.

3. Debit Cash $20,000

Credit Interest Income from Investments $20,000

To record interest income received from investments during the year.

4. Debit Investment Management Fees (Watson County) $3,750

Credit Cash $3,750

To record the payment of management fees to the county.

5. Debit Investments $7,500

Credit Fair Value Gain $7,500

To record the increase in value of investments.

6. Debit Turtle Creek & Pineview Cities $25,000

Credit Cash $25,000

To record the payment of income to the two cities.

Data Analysis:

1. Cash $250,000 Contributions, Turtle Creek $150,000 Contributions, Pineview $100,000

2. Investments $187,500 Cash $187,500

3. Cash $20,000 Interest Income from Investments $20,000

4. Investment Management Fees (Watson County) $3,750 Cash $3,750

5. Investments $7,500 Fair Value Gain $7,500

6.  Turtle Creek & Pineview Cities $25,000 Cash $25,000

Thus, the journal entries above record the transactions and events that occurred for the Investment Trust Fund of Watson County for the two cities of Turtle Creek and Pineview for the year 2022.

Read more about recording Investment Trust Fund transactions at brainly.com/question/15088437

5 0
2 years ago
The supply schedule is identical to the demand schedule at every price. b The quantity demanded is the same as the quantity supp
ale4655 [162]

Answer:

B, The quantity demanded is the same as the quantity supplied.

Explanation:

Because the quantity supplies must be at lest equal to the quantity demand, in order to satisfy the market and not lost it.

6 0
2 years ago
Burnett Corp. pays a constant $9.80 dividend on its stock. The company will maintain this dividend for the next 14 years and wil
lys-0071 [83]

Answer:

The current price of the stock is $68.42

Explanation:

The dividends on a stock that pays a constant dividend and will cease paying dividend after a defined period can be treated as an annuity. The dividends are constant and are paid after equal interval of time and for a defined period of time. To calculate the price of the share today, we will use the formula for the present value of ordinary annuity. The formula is,

Present value = 9.8 * [ 1 - (1+0.11)^-14 / 0.11 ]

Present value or current price of the stock = $68.42

6 0
3 years ago
Suppose real GDP for a country is $1,200 billion. The GDP price index is 114.6. There are 25 million workers who work 36 hours p
8_murik_8 [283]

Answer:

1,333.33

Explanation:

Labor productivity is measures the hourly output of a country's economy. Specifically, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.

total labor hours = 25milion x 36 hours per week

                            = 900 million

labor productivity = GDP ÷ total labor hours

labor productivity = $1,200 billion ÷ 900 million

                                $1,333.33 per hour

4 0
2 years ago
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