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3 years ago

Corporate social responsibility: Group of answer choices

Business

1 answer:

Misha Larkins [42]3 years ago

5 0

Answer:

Letter e is correct. Extends beyond ethics to include community, environment, and human rights

Explanation:

Corporate social responsibility refers to the voluntary commitment that companies have to make a contribution to the development of the society in which it operates, in addition to reducing its environmental impacts and ensuring the preservation of human rights. This is when the company implements beneficial actions that exceed those required by law.

In a globalized world, there is legal pressure from consumers, institutions, NGOs and the media to make companies not only profitable but also voluntary contributors to building a more egalitarian society.

The benefits added to companies that practice corporate social responsibility are diverse, with emphasis on improving community value and improving stakeholder satisfaction and perception.

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Fill in the missing amounts.

love history [14]

Let understand that the organized table are intended to calculate missing numbers on Income Statement for the two companies are drawn below.

Here, we are calculating missing columns for Monty Corp. and Whispering Winds Corp.

Also understand that the bold numbers are the columns calculated according to the question.

Particulars Monty Corp. Whispering Winds Corp.

Sales revenue $90,000 $111,000

Sales return and allowance $6,000 $5,000

Net sales $84,000 $106,000

Cost of goods sold $53,760 $65,720

Gross profit $30,240 $40,280

Operating expenses $15,120 $19,080 

Net income $15,120 $21,200

In conclusion, the formulae used to derived the bolded answers are:

Sales revenue - Net sales = Sales returns and allowance
Net sales - Cost of goods sold = Gross profit
Gross profit - Operating expenses = Net income
Net sales + Sales return and allowance = Sales revenue
Net sales - Gross profit = Cost of goods sold
Gross profit - Net income = Operating expenses

See similar solution here

brainly.com/question/15062414

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3 years ago

A business owned and run by a single individual who has rights to all profits is known as

tankabanditka [31]

The correct answer is choice A.

A business with only one owner is called a sole proprietorship. This owner has rights to all of the profits and does not have to share them with anyone.

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3 years ago

The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:

Rainbow [258]

Answer:

d. $75,000

Explanation:

total Los Angeles Bay Area Central Valley

Revenues $750,000 $200,000 $235,000 $325,000

Variable exp. $410,000 $110,000 $120,000 $180,000

Controllable $210,000 $65,000 $75,000 $70,000

fixed expenses

controllable $130,000 $25,000 $40,000 $75,000

profit margin

Noncontrollable fixed expenses and common fixed expenses are not included in the calculation of individual controllable profit margin.

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3 years ago

Which of the following asset accounts is increased when a receivable is collected? a.Accounts Payable b.Supplies c.Cash d.Accoun

Nikitich [7]

Answer:

Explanation:

Receivables means deptors. These are obligations that has been honoured and value given, but you're yet to get cash. Receivables are seen as such. So the things you've given value to and you're yet to receive cash or payment for are receivables.

So when receivables are collected, then the asset account Cash is increased.

On the Delivery of goods or Services, the company debits Accounts Receivable and credits what is known as Sales Revenues or Service Revenues. When an account receivable is collected say 30 days later, the account receivables is reduced and the Cash or bank account is increased.

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4 years ago

Francine installed a new pool for $11,320 using a 12-month deferred payment plan with an interest rate of 20.67%. what is the ba

mr_godi [17]

$11,320 with its interest rate over the year will be $13659.84. If Francine paid $436 each month for a year he would have paid off $5232 in a year. His debt balance would still be remanding at $8427.84. Francine will have paid off a large amount of his payment plan with the company however he will still be required to spend 18 months or so to pay back what he owes as there was a a 20.67% interest sum added to his payment plan with the company.

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3 years ago