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3 years ago

According to arnold and bowie, are mnes responsible for the practices of their subcontractors and suppliers?

Business

1 answer:

Vaselesa [24]3 years ago

3 0

Answer:

They are definitely responsible.

Explanation:

Denis Arnold and Norman Bowie advocate for corporate responsibility in their article "Sweatshops and Respect for Persons" (Business Ethics Quarterly 13 - 2003).

"MNE's have a moral duty to ensure their business partners respect employees by ensuring that human rights are not violated in the workplace."

Corporations can't turn a blind eye on abuses committed in countries where they outsource their production.

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Answer the folowing:1. Depreciation expenses directly affect a company’s taxable income. (True / False.)2. An increase in deprec

Olegator [25]

Depreciation expenses directly affect a company’s taxable income. (True / False.).2. An increase in depreciation expense will ________ tax deducted from a company's earnings, thus leading to a ________ operating cash flow is given in the following.

Explanation:

Depreciation expenses directly affect a company's taxable income is true.

By charting the decrease in the value of an asset or assets, depreciation reduces the amount of taxes a company or business pays via tax deductions. The smaller the depreciation expense, the higher the taxable income and the higher the tax payments owed.

Increase in depreciation expense

Increasing Depreciation will increase expenses, thereby decreasing Net Income. ... Balance Sheet: Net Fixed Assets (generally Plant, Property, and Equipment) is reduced by the amount of the Depreciation. This reduces Fixed Assets. It also reduces Net Income and therefore Retained Earnings (Shareholders' Equity) as well.

A depreciation increases the cost of imports so there will be an increase in cost-push inflation. A depreciation makes exports more competitive – without any effort. In the long-term, this may reduce incentives for firms to cut costs, and could lead to declining productivity and rising prices.

5 0

2 years ago

Gilbert City had the following transactions involving resource inflows into its general fund for the year ended June 30, 20X8:

Advocard [28]

Answer:

$2,289,500

Explanation:

Preparation of the schedule to show the amount of revenue that should be reported by Gilbert’s general fund on the statement of revenues, expenditures, and changes in fund balance for the year ended June 30, 20X8

Gilbert City

REVENUE REPORTED by the General Fund

For the Year Ended June 30, 20X8

Property tax revenue $1,862,000

[$2,000,000-$100,000-($2,000,000-$100,000)*2%)]

Interest revenue on advance $1,500

Grant revenue used to acquire computer equipment $235,000

Sales tax revenue $125,000

Liquor license revenue $66,000

Total revenue reported $2,289,500

Therefore the amount of revenue that should be reported by Gilbert’s general fund on the statement of revenues, expenditures, and changes in fund balance for the year ended June 30, 20X8 is $2,289,500

3 0

2 years ago

Your company sells consulting services in legal forecasting to multinationals studying foreign market entries. In some countries

enot [183]

Chances are that when your company, which sells consulting services to multinationals, is forecasting legal decisions in domestic markets, the predictions will be MUCH MORE accurate than when forecasting legal decisions in foreign markets.

<h3>What is the difference between domestic and foreign markets?</h3>

The difference between domestic and foreign markets is that a company offering forecasting legal decisions will be very more familiar with the domestic market than the decisions that can be taken in foreign markets.

Chances are that when your company, which sells consulting services to multinationals, is forecasting legal decisions in domestic markets, the predictions will be MUCH MORE accurate than when forecasting legal decisions in foreign markets.

Learn more about domestic and foreign markets at brainly.com/question/15115779

8 0

2 years ago

An asset falling under the MACRS five-year class was purchased three years ago for $200,000 (its original depreciation basis). C

Nitella [24]

Answer:

(a) The cash flows is $59,040.

(b) The cash flows is $71,040.

Explanation:

From the Modified Accelerated Cost Recovery System (MACRS) Tables, the depreciation rates for the first 3 years for an asset falling under the MACRS five-year class are 20%, 32% and 19.2%. Therefore, we have:

Accumulated depreciation rate = 20% + 32% + 19.2% = 71.20%

Accumulated depreciation = Cost of the asset * Accumulated depreciation rate = $200,000 * 71.20% = $142,400

Net book value of the asset = Cost of the asset - Accumulated depreciation = $200,000 - $142,400 = $57,600

We can now proceed as follows:

(a) Calculate the cash flows if the asset is sold now at $60,000

Capital gains = Sales proceeds - Net book value = $60,000 - $57,600 = $2,400

Capital gains tax = Capital gains * Tax rate = $2,400 * 40% = $960

Net sales proceeds = Sales proceeds - Capital gains tax = $60,000 - $960 = $59,040

Therefore, the cash flows is $59,040 net sales proceeds.

(b) Calculate the cash flows if the asset is sold now at $80,000

Capital gains = Sales proceeds - Net book value = $80,000 - $57,600 = $22,400

Capital gains tax = Capital gains * Tax rate = $22,400 * 40% = $8,960

Net sales proceeds = Sales proceeds - Capital gains tax = $80,000 - $8,960 = $71,040

Therefore, the cash flows is $71,040 net sales proceeds.

3 0

3 years ago

What role does competition play in business and global trade?

Darya [45]

Answer:

Its always a competition

Explanation:

People use to complete on how the world gets and receives items same in business, companies compeate all the time trying to get the most money, visitors, and promotions.

5 0

2 years ago