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3 years ago

How do you explain the fact that in the business world basically good people sometimes act immorally?

Business

1 answer:

zhenek [66]3 years ago

4 0

Answer:

Moral values is defined as the standard of bad as well as good actions which govern the choices as well as behavior of person or an individual. The moral of the person or an individual will derive from the religion, government, self or society.

Explanation:

Basically good people or individual act immorally in the business or company, it is because of feeling of deseperation. The deseperation feeling is often due to lack or short of finances or in need of more money because of personal misfortune of having to support drug addiction, settle a debt of gambling, maintain an expensive way of life, pay off the bank loan.

As the pressure of these kinds of situations continue to mount on basically a good person or individual, the more open minded, become to performing in an immoral act or way.

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Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's

lesantik [10]

Answer:

Total E&P = $ 160000

Total voting Right Sold = 50/ (100+100) = 25%

Reduction of E& P due to exchange = Total E&P*Total voting Right Sold

Reduction of E& P due to exchange = 160000*25%

Reduction of E& P due to exchange = 40000

Reduction of E& P Lower of Total E&P*Total voting Right Sold or Amount realised

Reduction of E& P Lower of 40000 or (50*1000)

Reduction of E& P Lower of 40000 or 50000

Answer

A reduction of $40,000 in E&P because of the exchange.

7 0

3 years ago

"New York City is issuing $500,000,000 of general obligation bonds paying interest on January 1st and July 1st of each year unti

poizon [28]

Answer:

8 months for the first interest
6 months for the second

Explanation:

The interest is to be paid semi-annually which means that it accrues for 6 months. However, the bond was issued on May 1, 2020 which is 8 months before the first interest payment on January 1, 2021 so the January payment will have to cover for those months as interest starts to build immediately the bond is purchased.

The second payment on July 1, 2021 will cover the period of 6 months between January 1 and July 1, 2021.

8 0

3 years ago

Cromwell manufactures specialty electronic circuitry through a unique photo-electronic process. One of the primary products, Mod

WARRIOR [948]

Answer:

the labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable

Explanation:

The computation of the labor rate variance and labor efficiency variance is given below;

For Labor rate variance

= $12,000 - (2000 × 7)

= $2000 F

And, the Labor efficiency variance is

= 7 × (2000 - 3000 × 0.5)

= $3500 U

Hence, the labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable

8 0

3 years ago

Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days

Softa [21]

Answer:

He should reorder when he is left with 200 hammers.

Explanation:

Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.

Reorder point = Safety Stock + (Average daily usage of units * Average lead time in days )

Reorder Point = 0 + (100 hammers * 2 days)

Reorder Point = 200

8 0

2 years ago

Carter Corporation made sales of $ 825 million during 2018. Of this amount, Carter collected cash for $ 710 million. The compa

salantis [7]

Answer:

Part (a) The net income of carter is $115 million.

Part (b) The closing cash balance at the end of year is $360.

Explanation:

Part (a) Net Income Computation:

Sales $825

Cost of goods sold ($290)

Gross Profit $535

Other Expenses ($425)

Net income $115 Million

Part (b) The cash balance of Carter is not dependent on non cash flows. So the cash transactions would be considered here for cash balance computation.

Opening Cash position $290

Collection from Sales $710

Inventory Invoices paid ($350)

For Everything ($290)

Closing Cash balance $360

4 0

3 years ago