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melomori [17]
2 years ago
9

Bob, the owner of Orthopedic Supply, just discovered that his trusted friend Ruth, his accountant for over 30 years, has been mi

shandling the company books and stealing from the company bank account. Bob must decide whether to ignore his friend's actions and avoid bad publicity for Orthopedic Supply, or to have Ruth arested for embezzlement. Bob is facing________________.a. a whistle-blower.b. a moral courage decisionc. an issue of corporate governance.d. a social audite. an ethical dilemma.
Business
1 answer:
anastassius [24]2 years ago
7 0

Answer:        

an ethical dilemma                    

Explanation:

An ethical dilemma and sometimes referred to as ethical contradiction refers to the problem of decision-making between two possible moral imperatives, none of which is unmistakably acceptable or preferable. The complexity arises from the clash of situations in which obedience would lead to another being transgressed.

Thus, from the above we can conclude that the given case illustrates ethical dilemma.

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Record the following transactions for Lett Company. (Credit account titles are automatically indented when the amount is entered
Tanya [424]

A transaction is any monetary business event that impacts a business's financial statements.

<h3>The journal entries </h3>

The journal entries are as follows

On August 4

Account Receivable $610

 To Sales Revenue   $610

(Being the goods sold on credit basis is recorded)

On August 7

Sales Return and Allowances $60

  To Accounts Receivable $60

(Being the sales allowance is recorded)

On August 12

Sales Discount   $11  

Cash $539

 To Accounts Receivable $550

(Being the amount paid is recorded after considering the 2% discount

To learn more about financial statements visit the link

brainly.com/question/14951563

#SPJ4

7 0
1 year ago
On January 1, 2021, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30
joja [24]

Answer:

Upon issuance, Ozark should "<em>Credit premium on bonds payable $100,000</em>"

Explanation:

Issue price of bond is ($10 million * $101) = $10,100,000

The face value of the bond                       = $10,000,000

The premium on bond = $10,100,000 - $10,000,000

The premium on bond = $100,000

                                   Journal entry

                                                    Debit                   Credit

Cash                                        $10,100,000

Premium on bonds payable                                $100,000

Bonds payable                                                     $10,000,000

Conclusion: Upon issuance, Ozark should "Credit premium on bonds payable $100,000"

7 0
3 years ago
For for computation of pre-incorporation profit salary to vendor
Leokris [45]

Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.

8 0
2 years ago
_____ ratios compare current assets to current liabilities to indicate the speed with which a company can turn its assets into c
hodyreva [135]

Answer:

Liquidity

Explanation:

Liquidity ratios are those ratios that meet the current debt obligations and converted into cash within one year. It includes current ratio, quick ratios, dales sales outstanding, etc

Current ratio = Total Current assets ÷ total current liabilities  

where,

The current assets include cash, stock, account receivable, etc

And, the current liabilities include accounts payable, salaries payable, et

Quick ratio = Quick assets ÷ total current liabilities  

where,  

Quick assets = Cash and cash equivalents + short-term investments + Accounts receivable (net)  

Day sale outstanding = (Beginning Accounts receivable + ending Accounts receivable) ÷ Net sales × number of days in a year

8 0
3 years ago
Camille graham is a manager who works well with people and makes them feel excited about their work. what type of skills is she​
Veronika [31]
The skills she is illustrating is kindness and very happy and basically giving the customer a great attitude so that means you have good customer service
7 0
3 years ago
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