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3 years ago

5

In a business decision where there are ethical concerns, the preferred course of action should be one that: avoids casting doubt

on the decision maker and upholds trust.

1 answer:

pentagon [3]3 years ago

8 0

yes that is what should be done

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Coronado Industries purchased equipment in 2019 at a cost of $912000. Two years later it became apparent to Coronado Industries

Rasek [7]

Answer and Explanation:

The journal entry to record the impairment is as follows:

Loss on impairment of equipment $223,000 ($583,000 - $360,000)

To Accumulated depreciation- Equipment $223,000

(Being the impairment is recorded)

Here the loss would be debited as it increased the losses and accumulated depreciation is credited as it decreased the assets

6 0

3 years ago

ErgoWorld Inc. manufactures office furniture. The company is considering adopting a modular production system. A modular system

kari74 [83]

Answer: D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Explanation:

The options are:

A. most customers are likely to agree on a single product configuration.

B. customers prefer to upgrade their products by replacing their entire system.

C. customers are willing to pay a premium price for extreme customization and personalization.

D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Modular production system refers to a production system whereby the workers set their own standards and then work together for production purpose.

Based on the scenario given, a modular system would offer greater value to ErgoWorld when the customers have heterogeneous demands that are expected to be met in a cost-effective way.

5 0

3 years ago

More than 90 percent of cereal is consumed at breakfast, but ads for Kellogg's Cracklin' Oat Bran says it tastes like oatmeal co

Paladinen [302]

Answer:

B. Market Development

Explanation:

Market development is a growth strategy that <em><u>identifies and develops new market segments for a product</u></em>.

In this question, yes the cereal is mostly consumed at breakfast, but the Kellogg's Oat Bran is developing the market by portraying the Oat Bran as a snack rather the breakfast.

Targeting and developing the new customers to be the consumer of the product is at the heart of the strategy.

In a way, it's about literally developing the market for your product is not currently your consumer yet.

4 0

3 years ago

Carey Company buys land for $50,000 on 12/31/14. As of 3/31/15, the land has appreciated in value to $50,700. On 12/31/15, the l

sweet-ann [11.9K]

Answer:

$0

Explanation:

There is no reason why Carey Company should increase their land account in 2015. As long as the company owns the land they should not modify the land account, since land doesn't depreciate. Even if they build something new on the land site, that will increase the land improvements account or buildings account, not the land account.

If they decide to sell the land then the original purchase value will serve as the basis for calculating capital gains taxes.

3 0

3 years ago

Havermill Co. establishes a $390 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

klasskru [66]

Answer:

petty cash 390 debit

cash 390 credit

Explanation:

We are asked for the establishment of the fund

we only <u>need to create the petty cash account</u> for the amount.

And <u>decrease the cash account</u> for the same amount, because is no logner available for other use.

<u><em>When increasing </em></u>the found we do thesame entry for the additional cash

<u><em>If we need to remove</em></u> the petty cash we will reverse this entry for the full amount

<u><em>If we need to decrease</em></u> the petty cashwe will reverse this entry forthe amount deducted

4 0

4 years ago