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Paha777 [63]
3 years ago
14

Lee is the executive of a car manufacturer. Lee decides the appearance of one of his car designs outweighs the desire to make th

e car safer for its occupants, and overrules the company's engineers who wish to make the car safer. Lee is:
Business
1 answer:
aksik [14]3 years ago
7 0

Answer:

Here are the possible answers:

a) making the best possible ethical choice.

b) going to make a terrific President of the United States some day.

c) none of these.

d) ultimately going to be rewarded by having the most profitable car

The answer is: c) none of these.

Explanation:

Ethics in industries related to manufacturing things that are of critical importance to public safety and security is very important.

The behavior of a manager like Lee is deemed as highly unethical, as he puts the marketing and design need in front of an essential need such as safety compliance.

Regardless of the ethics perspective, it is also irrelevant to state that this kind of car would be the most profitable. That could be possibly true in the short-run (due to intensive design and marketing efforts), but on the other hand, a critical dose of bad PR when an accident occurs (due to low safety improvement efforts) can be devastating for the company's profit in the long run.

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You purchased 1,000 shares of fund ABC for $35.00 NAV per share. You elected the dividend reinvestment plan and had all dividend
Serjik [45]

Answer:

B. - 5.71%

Explanation:

Given that

Purchase price = 1000 × 35 = 35000

Selling price = 1100 × 30 = 33000

Recall that

ROI = Net profit/total investment × 100

And that

Net profit = selling price - purchase price

= 33000 - 35000

= -2000

Therefore,

ROI = -2000/35000 × 100

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= - 5.71 %

Thus, total return on investment is -5.71%

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Answer: A

Explanation:

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6 0
2 years ago
An electronics company has developed a new hand-held device. The company predicts that the start-up cost to manufacture the new
Leni [432]

Answer:

A) to calculate the break even point we can use the following:

break even point = fixed costs / contribution margin

break even point = 125,000 / (9 - 6.5) = 125,000 / 2.5 = 50,000 units

The company must sell over 50,000 units to make a profit

B) if the unit production costs increase 10%, the new unit cost will be $7.15, and the new break even point will be: 125,000 / (9 - 7.15) = 125,000 / 1.85 = 67,567.6 which we round up to 67,568 units.

Now the company must sell at least 67,568 units to make a profit

C) If the company wants to increase its product price to a level where the break even point is 50,000 units, then the new price should be $9.65.

The contribution margin must be $2.5, so if the production costs are $7.15, we just add $2.5 to get $9.65 per unit.

3 0
3 years ago
Accumulated Depreciation and Depreciation Expense are classified, respectively, as _____. (A) asset, contra liability (B) expens
andrew-mc [135]

Answer:

(D) contra asset, expense

Explanation:

Accumulated depreciation is a contra asset. When preparing ledger accounts, it will be credited hence will have a credit balance.It is also recorded in the balance sheet. On the other hand, depreciation expense is considered an operating expense. It is included as an item in the income statement when calculating a business's net income.

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3 years ago
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