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shutvik [7]
3 years ago
9

business ethics chapter 4 critics have argued that, from an ethical perspective, altruistic corporate social responsibility (CSR

) is immoral since it represents a violation of shareholder rights if they are not given the opportunity to vote on the initiatives lauched in the name of corporate social reponsibility true false
Business
1 answer:
Gala2k [10]3 years ago
7 0

Answer:

True

Explanation:

Altruistic Corporate Social Responsibility is a philanthropic approach of the company which undermines the interests of the shareholders because such programs are not approved by the shareholders. This clash between the interests of shareholders and the society is the argue that critics quote to protect the shareholders rights.

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Alfa Co. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs are $30,000. The product is so
oee [108]

Answer:

Break-even point in units=  25,000

Break-even point (dollars)= $125,000

Explanation:

<u>To calculate the number of units to be sold and the sales dollars required, we will use the break-even point analysis. The following formulas are required:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (30,000 + 20,000) / (5 - 3)

Break-even point in units=  25,000

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= 50,000 / (2/5)

Break-even point (dollars)= $125,000

7 0
3 years ago
________ states that the same geological processes happen now that happened in the past.
Solnce55 [7]
Uniformitarianism states
7 0
4 years ago
Read 2 more answers
Assume General Motors has decided to build an assembly plant in St. Louis. The plant will employ 1,000 full-time workers at an a
garik1379 [7]

Answer:

$80 million

Explanation:

The total income received by the plant's employees during the year will be $40 million (= 1,000 employees x $40,000 per employee). Since their propensity to consume is 2/3, they the employees will spend $26.67 million and save $13.3 million.

The money multiplier can be calculated using the formula: money multiplier = 1 / (1 - MPC) = 1 / (1 - 0.67) = 1 / 0.33 = 3

To determine the total income effect in St. Louis we have to multiply the money spent times the money multiplier = $26.67 million x 3 = $80 million

5 0
3 years ago
The cash account for American Medical Co. at April 30 indicated a balance of $334,985. The bank statement indicated a balance of
vampirchik [111]

Answer:

Missing word <em>"The bank collected $42,000 on a $40,000 note, including interest of $2,000. A check for $7,600 returned with the statement had been incorrectly recorded by American Medical Co. as $760. The check was for the payment of an obligation to Targhee Supply Co. for a purchase on account. A check drawn for $240 had been erroneously charged by the bank as $420. Bank service charges for April amounted to $145. Instructions: Prepare a bank reconciliation."</em>

<em />

                          Bank reconciliation statement

Particulars                                                                            Amount ($)

Balance as per bank statement                        388,600

Add: Deposit in transit                                       42,500

Add: Error in recording the check (420-240)   <u>   180      </u>     431,280

Less: Outstanding checks                                                    <u>(61,280)</u>

Adjusted balance as per Bank statement                         <u>370,000</u>

                          Bank reconciliation statement

Particulars                                                                            Amount ($)

Balance as per books                                     334,985

Add: Note collected                                        40,000

Add: Interest collected                                    <u> 2,000   </u>        376,985

Less: Error in recording check (7,600-760)                          (6,840)

Less: Service charges levied                                                 <u>(145)     </u>

Adjusted balance as per books                                           <u>370,000</u>

8 0
3 years ago
You estimate that your new business's revenue will grow at a compounded rate of 30% each month for the first 6 months. If your t
Pani-rosa [81]

Answer:

The second month's revenue is $3846.15

Explanation:

The interest rate at which the revenue grow = 30%

Total months or time periods = 6 months

The revenue of third month’s = $5000

Now we have to find the revenue for the second month.

Let the revenue of second month = x

Now, use the below equation to find the second month’s revenue

x + 30% of x = 5000

x  + 0.3x = 5000

1.3x = 5000

x = 3846.15

Thus, the second month's revenue is $3846.15

4 0
4 years ago
Read 2 more answers
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