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3 years ago

Why are sweatshops unethical

1 answer:

7 0

Because very young children in poor areas of the world will be making clothes for the company to improve their profit whilst the children making them get paid close to nothing

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A company issued 5-year, 8% bonds with a par value of $94,000. The company received $91,947 for the bonds. Using the straight-li

lesya692 [45]

Answer:

interest expense for the first semiannual interest period and subsequent: 3,965.3 dollars

Explanation:

face value 94,000

proceeds 91,947

discount 2,053

under straight-line method the discount amortization will be equally distributed among the payment

2,053 / 10 payment dates = 205.3

Then, we have to add the cash outlay in favor of the bondholders:

94,000 face value x 8% coupon rate / 2 payment per year = 3,760

Total interest expense: 3,760 + 205.3 = 3,965.3

7 0

3 years ago

Len Corp. reported net sales of $300 million last year and generated a net income of $66 million. Last year’s accounts receivabl

Anna71 [15]

Answer:

$37,000,000

Explanation:

When you are preparing a statement of cash flows, you start with net income and then make all necessary adjustments that include any changes in accounts receivables.

Cash flow from operating activities:

Net income $66,000,000

Adjustments to net income:

Increase in accounts receivable <u>($29,000,000)</u>

Net cash flows from operating activities $37,000,000

5 0

3 years ago

At the beginning of the current period, Swifty Corporation had balances in Accounts Receivable of $195,100 and in Allowance for

aksik [14]

Answer:

accounts receivables 745,500 debit

sales revenues 745,500 credit

cash 835,120 debit

accounts receivables 835,120 credit

allowance for uncollectible amount 7,831 credit

accounts receivables 7,831 credit

accounts receivables 3,184 debit

allowance for uncollectible ammount 3,184 credit

uncollectible amount expense 19,397 debit

allowance for uncollectible amount 19,397 credit

net receivables 76.733‬

Explanation:

Allowance balance before adjustment:

9,350 - 7,831 + 3,184 = 4,703

estimated uncollectible amount within our accounts receivables 24,100

adjusmtent 24,100 - 4,703 = 19,397

net account receivables:

195,100

+ 745,500 sales on account

- 835,120 collected

-7,831 write-off

+3,184 recovery

<u>-24,100 allowance</u>

76.733‬

4 0

3 years ago

Principals that manage an llc owe its members __________.

Whitepunk [10]

Answer:

Principals that manage an llc owe its members the duty of care.

Explanation:

The duty of care is a legal responsability that the manager has to be careful when performing any action that can cause damage to the members of an LLC. When the manager is not reasonably careful and cause any harm, it be considered negligence and this can have serious legal implications.

5 0

3 years ago

B2B markets differ from B2C markets because: Group of answer choices salespeople personally call on business customers to a far

yKpoI14uk [10]

Answer:

salespeople personally call on business customers to a far greater extent than they do consumers.

Explanation:

Business to business (B2B) markets differ from Business to consumers (B2C) markets because salespeople personally call on business customers to a far greater extent than they do consumers.

Under the B2B sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

On the other hand, the B2C market involves businesses selling their goods and services directly to the end consumers or users for personal use.

6 0

4 years ago