Answer and explanation:
The supply theory studies the relationship between the quantity supplied of a good or service and its price. If the quantity supplied decreases so will the price. If the quantity supplied increases so will the price. The relationship between the quantity supplied and the price is directly proportional.
To draw the supply curve, a coordinate graph is used. <em>Typically the price takes the vertical "Y" axis while the quantity supplied takes "X" horizontal axis. The fluctuations in price and quantity supplied will be joint in different points along the chart.</em>
Laws are put in place by an existing form of government, in the United States, a democracy, which means that the majority of representatives elected by the majority of the people compose the laws. Ethics are more of a moral dilemma, and often contribute to lawmakers decision. It's the idea of what is best (laws) vs. what is right (ethics).
Answer:
EPS is $2.9 per share
Diluted EPS is $1.54 per share
Explanation:
Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.
Basic EPS = (Net Income - Preferred dividends) / Weighted Average numbers of share
Basic EPS = ($2,152,000 - $180,000) / 680,000 = $2.9 per share
Diluted earning per share is calculated by adjusting all the convertible share options or securities in the outstanding share.
Diluted EPS = (Net Income - Preferred dividends) / Diluted numbers of share
Diluted EPS = ($2,152,000 - $180,000) / ( 680,000 + 600,000 )
Diluted EPS = $1.54 per share
The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
<h3>What is meant by ethical trap?</h3>
This is the term that has to do with the circumstances that may lead an individual to do away with the core values and the principles that they have. The trap here is that I may lose my job or may not have any bonus but accepting is going against the ethics and the values that I may hold special.
What should have been in this situation would have been to come clean in the first place so as to avoid going against ethics and the principles of the profession. The best way to do this would be to go to the head of division and explain the situation at hand to him.
Hence we can say that The ethics trap that is faced here would be contemplating to accept the reallocation because rejecting it may mean trouble and even lead to a lose of our jobs.
Read more on ethics here:
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Answer:
See below
Explanation:
Business refers to the practice of producing or purchasing goods and services for sale to make a profit. It is the act of engaging in commercial activities of buying and selling products and services for profits.
Business entails individuals and companies' activities of supplying desired products and services to customers with profit motives. A businessperson identifies a need in the community. He or she sells to the community goods or services that satisfy that need a higher price to make a profit.
