__________ to sell at a price no less than the minimum set by the manufacturer

Steaks n’ Fries Restaurant Company’s decision makers view a particular risk in the consumption of Steaks n’ Fries’ products as o

sasho [114]

Answer:

The correct option is D, outcome-based ethics.

Explanation:

Duty-based ethics preaches the idea that one should be seen doing the right thing at all times regardless of the consequences of one's actions, it is unlike the utilitarian approach to ethics where what is wrong or right is a function of having the greatest good for the greatest number of people not minding whether the approach used is wrong or right.

Corporate social responsibility involves the additional efforts put in by corporations in a bid to give back to society.

Religious ethical principles is about concluding on right or wrong using the lenses of religion.

Outcome-based ethics is a sharp contrast to duty-based ethics, as the outcome or consequence is what justifies the moral right or wrong. in other words the end justifies the means.

8 0

3 years ago

The U.S. Bureau of Economic Analysis (BEA) has recently adopted a new approach to calculate real GDP and real GDP growth to cor

pashok25 [27]

One of the features of the new approach is that, now BEA uses the geometric average of fixed weight indexes and uses two base years to calculate the growth rate of real GDP between two consecutive years.

Explanation:

In both actual and nominal GDP, the U.S. Economic Analysis Department results. It estimates the real United States. GDP is a fixed base year annual rate. Imports and international sales from American businesses and people are exempt.

GDP reflects the degree to which the economy generates production. Global warming is not generated and not part of GDP. The effect of environmental damage is not measured accurately. The loss should not be included in GDP and the calculation of environmental damage has not been accepted.

3 0

3 years ago

Can you solve this activty for me please got stuck,

Katyanochek1 [597]

Answer:

a. The marginal product of each white worker is 143%

b. The marginal product of each black worker is 70%

c. Since, adjusted wage of black labor with d=0.2 is less than the wage of white labor of $2,000, the profit maximizing firm would hire only black labor.

Since, adjusted wage of black labor with d=0.8 is greater than the wage of white labor of $2,000, the profit maximizing firm would hire only white labor.

d. Value of D coefficient that allows to employ black and white labor is 0.43

Explanation:

According to the given data we have the following:

Weekly wage for white labor is $2,000

Weekly wage for black labor is $1,400

production function is Q = 10(EW + EB)

manager production function is Q = 10EW + 10(1 – d) EB

Price of the product is $240

Weekly output is 150 units

a. To calculate the value of the marginal product of each white worker we use the following formula:

marginal product of each white worker=Weekly wage for white labor/Weekly wage for black labor

marginal product of each white worker=$2,000/$1,400

marginal product of each white worker=1.43=143%

b. To calculate the value of the marginal product of each black worker we use the following formula:

marginal product of each black worker=Weekly wage for black labor/Weekly wage for white labor

marginal product of each black worker=$1,400/$2,000

marginal product of each black worker=0.7=70%

c. To describe the employment decision we have to calculate the adjusted wage of black labor with d=0.2 and d=0.8 as follows:

adjusted wage of black labor with d=0.2=Wage black(1+D coefficient)

=1,400(1+0.2)

=1400(1.2)

=1,680.

Since, adjusted wage of black labor with d=0.2 is less than the wage of white labor of $2,000, the profit maximizing firm would hire only black labor.

adjusted wage of black labor with d=0.2=Wage black(1+D coefficient)

=1,400(1+0.8)

=1,400(1.8)

=2,520

Since, adjusted wage of black labor with d=0.8 is greater than the wage of white labor of $2,000, the profit maximizing firm would hire only white labor.

d. To calculate for what value(s) of d is a firm willing to hire blacks and whites we would have to calculate the following formula:

Wage black(1+D coefficient)=Wage white

1,400(1+D coefficient)=2,000

(1+D coefficient)=2,000/1,4000

D coefficient=1.43-1

D coefficient=0.43

Value of D coefficient that allows to employ black and white labor is 0.43

4 0

3 years ago

SartainC orporation is planning its annual budget and has the following beginning and ending inventory levels planned for the ye

torisob [31]

Answer: c. 530,000 grams

Explanation:

Finished goods that should be produced in the year;

= Units to be sold + ending inventory - beginning inventory

= 170,000 + 32,000 - 22,000

= 180,000 units of finished goods.

Each unit of finished good requires 3 grams of raw material;

= 180,000 * 3

= 540,000 grams

Raw materials to be purchased;

= Raw materials needed + ending inventory - beginning inventory

= 540,000 + 42,000 - 52,000

= 530,000 grams

7 0

3 years ago

Squirrel Tree Services reports the following amounts on December 31.

borishaifa [10]

Answer and Explanation:

The Preparation of balance sheet is prepared below:-

Squirrel Tree Services

Balance Sheet

For the year ended 31st December

Assets Amount Liabilities Amount

Cash $8,300 Accounts payable $11,500

Supplies $2,400 Salary payable $4,100

Prepaid insurance $4,100 Notes payable $26,000

Building $78,000

Total liabilities $41,600

Common stock $40,000

Retained earning $11,200

Total stockholder

equity $51,200

Total liabilities and

<u>Total assets $92,800 stockholder equity $92,800</u>

B. The preparation of cash flows is shown below:-

Squirrel Tree Services

Cash flow

For the year ended 31st December

Particulars Amount

Cash flow from operating activities

Cash inflow from customers $96,000

Cash outflow for salaries ($40,000)

Cash outflow for supplies ($22,000)

Net cash flow from operating activities $34,000

Cash flow from investing activities

Sale of investment $35,800

Purchase of building ($98,000)

Net cash flow from investing activities ($62,200)

Cash flow from financing activities

Borrow from bank $38,000

Dividends ($15,500)

Net cash flow financing activities $22,500

Net increase in cash ($5,700)

Beginning cash of the year $15,200

Ending cash of the year $9,500

Working note

we deduct the cash inflow from cash outflow and add cash to reach the beginning cash of the year.

6 0

3 years ago