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2 years ago

A formal statement of values and ethical standards is known as

Business

1 answer:

s2008m [1.1K]2 years ago

5 0

Answer:

Code of ethics

Explanation:

Code of ethics is described as the set of the principles which are followed or conduct within the business or organization, it helps in guiding the behavior as well as help in decision making.

The motive of the code id to provide the members and the other parties who are interested with the guidelines form taking an ethical choices while conducting or performing the work.

In short, it is a written as well as formal statement of the ethical standards as well as values, which the guide the actions of the firm.

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In its first month of operations, Windsor, Inc. made three purchases of merchandise in the following sequence: (1) 400 units at

mart [117]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Windsor, Inc. made three purchases of merchandise in the following sequence:

(1) 400 units at $5,

(2) 500 units at $7

(3) 600 units at $8.

Total units= 1,500

Assuming there are 300 units on hand at the end of the period, compute the cost of the ending inventory.

A) FIFO (first-in, first-out)

Inventory= 300*8= $2,400

B)LIFO (last-in, first-out)

Inventory= 300*5= $1,500

6 0

2 years ago

The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet an economic crisis, was called________.

JulijaS [17]

Answer:

Hundred Days

Explanation:

The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression was called <u>the hundred Days</u>. As we know that the First New Deal began in a whirlwind of legislative action called “The First Hundred Days.” From March through June 1933, at Roosevelt’s behest, Congress passed legislation aimed at addressing the banking crisis, unemployment, and weak industrial performance, among other problems, through an “alphabet soup” of new laws and agencies.

3 0

3 years ago

Fore Farms reported a pretax operating loss of $137 million for financial reporting purposes in 2021. Contributing to the loss w

Brums [2.3K]

Answer: Hello your question is incomplete attached below is the complete question

answer:

1) attached below

2) Net operating income ( loss ) = - $104 million

Explanation:

Pretax operating loss = - $137 million

Non deductible Losses ; $5 million fine paid in 2021 ,

estimated $12 million loss from contingency that will be tax deductible in 2022

Enacted tax rate = 25%

Taxable operating income = - $120 million

attached below is the solution

4 0

2 years ago

What were key factors in creating a strong wartime economy?

elena55 [62]

There was several key factors that helped in c<span>reating a strong wartime economy. The first and the foremost important factor was the creation of new technologies. The second factor was increasing the workforce for creating war machines and ammunition's. I hope that the answer has helped you.</span>

8 0

2 years ago

A perfectly competitive market is in long run equilibrium. At present there are 100 identical firms each producing 5,000 units

Tema [17]

Answer: B. In the short run, the typical firm increases its output and makes an above normal profit.

Explanation:

I have attached a graph to explain.

Originally the Perfectly Competitive Market is in a long run Equilibrium.

This means that at 5000 units the $20 selling price was as a result of Marginal Revenue being equal to Marginal Cost.

Now a sudden change in Demand has taken the price up which then forces the Marginal Revenue Curve upwards.

This will culminate with the Marginal Revenue Curve now intersecting the Marginal Cost curve at a higher point being point F so that profit can be maximised.

This higher level will thus lead to a higher output than 5000 units at point Q as the firm will increase output.

Notice that at that point the Marginal Revenue is higher than Average Total Cost meaning that an Above normal profit is being made.

Do react or comment if you need any clarification.

7 0

2 years ago