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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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Kingbird Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $249,600 and a r
dimulka [17.4K]

Answer:

The amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

Explanation:

This can be calculated as follows:

Patent book value = $249,600

Remaining useful years January 1, 2020 = 8

Remaining useful months of the patents from January 1, 2020 = Remaining useful years January 1, 2020 * 12 8 * 12 = 96

Monthly Patent book value = Patent book value / Remaining useful months = $249,600 = $2,600

Patent book value amortized from January 1, 2020 to December 1, 2020 = Monthly Patent book value * 12 = $2,600 * 12 = $31,200

Legal fee incurred = $93,500

Number of months from January 1, 2020 to December 1, 2020 = 11

Relevant months of legal fee incurred starting from December 1, 2020 = Remaining useful months of the patents from January 1, 2020 - Number of months from January 1, 2020 to December 1, 2020 = 96 - 11 = 85

Monthly legal fee = Legal fee incurred / Relevant months of legal fee incurred starting from December 1, 2020 = $93,500 / 85 = $1,100

Amount to report = Patent book value amortized from January 1, 2020 to December 1, 2020 + Monthly legal fee for December 1, 2020 only = $31,200 + $1,100 = $32,300

Therefore, the amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

3 0
3 years ago
in the U.S. cash takes which forms? bills and coins /bonds and treasuries /dollars and Euros/reserves and treasuries
Eva8 [605]
I believe it is Bills and Coins.
7 0
3 years ago
Both you and your older brother would like to have $28,000 in 13 in years. Because of your success in this class, you feel that
DerKrebs [107]

Answer:

$693.16

Explanation:

Calculation to determine How much less than your brother will you have to deposit today

Using this formula

FV= Present value × (1 + interest rate)^number of years

Let plug in the formula

First step

$28,000 = Present value × (1 + 0.112)^13

PV= $28,000 ÷ 1.112^13

PV= $28,000 ÷ 3.97522975235

PV= $7,043.618

Second step

$28,000 = Present value × (1 + 0.104)^13

PV= $28,000 ÷ 1.104^13

PV= $28,000 ÷ 3.61907808993

PV= $7,736.777

Now let calculate how much less than your brother will you have to deposit today

Deposit today= $7,736.777-$7,043.618

Deposit today= $693.159

Deposit today=$693.16 (Approximately)

Therefore How much less than your brother will you have to deposit today will be $693.16

5 0
3 years ago
If the market price moves from one point on a demand curve to another point on the curve what has happened to the market demand?
sdas [7]

Answer:

4. The total market demand has not changed ​

the demand has been adjusted by a change in supply

Explanation:

Movement along a demand curve results from changes in the price of the product. Supply influences price change. Movement along a demand curve means the quantity demanded has increased or decreased due to a price change.

A total change in demand is when the quantity demanded changes at all prices. Changes in customers' preferences or a change in the prices of compliment or supplement products make the entire demand change.

A shift in the demand curve demonstrates a total chan

8 0
3 years ago
Which of the following best describes how new information systems can result in legal gray areas?
Alexandra [31]

Answer:

D. They result in new situations that are not covered by old laws

Explanation:

4 0
4 years ago
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