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3 years ago

Which of the following is most likely to be considered unethical?

Business

1 answer:

Arte-miy333 [17]3 years ago

3 0

Answer:

A. Orion Inc. sends its waste products for disposal to a developing nation because the pollution control laws in its home country are more strict than those in the developing nation.

Explanation:

Ethics are value as described by the gestures and acts of the organization or of an individual which is valid only if it does not crate any bad effect for some other person intentionally.

Here, in the chosen statement, the working company sends its waste to a developing country, because pollution control laws in the operating country are strict, now this will affect the developing country more, as the developing economy will face the drawbacks of pollution, and waste as part of acts of other country unnecessarily.

Therefore, it is unethical.

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In the relationship depicted by the curve Productivity1, which of the following statements are true regarding the relationship b

vovikov84 [41]

Option D, These countries experience diminishing returns to physical capital per worker with technology and human capital per worker being fixed

Explanation:

The curve which represents the relationship between physical capital per employee and production per employee illustrates the value of human capital per employee and technologies.

Both Albernia and Brittania have decreasing returns on physical capital as the same incremental rises in physical capital per employee in both countries — continuous job retention in human capital and technology — will lead in smaller and less actual GDP changes per employee.

So, Both human capital per worker and technology are held fixed. Yes, there are diminishing returns.

4 0

3 years ago

Three different companies each purchased trucks on January 1, 2018, for $56,000. Each truck was expected to last four years or 2

katrin2010 [14]

Answer:

1. Company A, Retained earnings = $32,000

2. Company B, Retained earnings = $42.000

3. Company C, Retained earnings = $30,024

Explanation:

Requirement 1

Company A = Straight-line depreciation method

We know, Depreciation expense under straight-line depreciation method = (Purchase value of truck - Salvage value) ÷ useful life.

Depreciation expense = ($56,000 - $4,000) ÷ 4

Depreciation expense = $13,000

We know that under straight-line depreciation method, depreciation expense remains same in each year. That means, 2021 depreciation expense = $13,000

Net Income in 2021 = Total revenue - Depreciation expense (assume there is no other expenses)

Net Income in 2021 = $45,000 - $13,000 = $32,000

Therefore, Retained earnings = Beginning retained earnings of 2021 + net income - dividend. (Assume there is no dividend and beginning retained earnings).

Retained earnings = 0 + $32,000 - 0 = $32,000

Requirement 2

Company B = Double-declining depreciation method

We know, Depreciation expense under straight-line depreciation method = (Purchase value of truck ÷ useful life) × 2.

Depreciation expense = ($56,000 ÷ 4) × 2.

Depreciation expense for 2018 = $28,000

We know that under double-declining depreciation method, depreciation expense changes in each year. Therefore, we have to calculate 2019-2021 depreciation expense.

2019 depreciation expense = ($56,000 - 28,000) × 2/4

2019 depreciation expense = $28,000 × 2/4 = $14,000

Book value of truck = $28,000 - $14,000 = $14,000

2020 depreciation expense = $14,000 × 2/4 = $7,000

2021 depreciation expense = $(14,000 - $7,000) × 2/4 = $3,500.

As it is higher than the salvage value, we have to take $3,000 as depreciation expense for 2021. The calculation has been given below:

Total Accumulated depreciation = $28,000 + $14,000 + $7,000 + $3,500 = $52,500

Cost price = $56,000

Salvage value = $4,000

Therefore, book value = $56,000 - $52,500 = $3,500. It exceeds the salvage value, therefore, we have to deduct 500 to keep the expense same.

Net Income in 2021 = Total revenue - Depreciation expense (assume there is no other expenses)

Net Income in 2021 = $45,000 - $3,000 = $42,000

Therefore, Retained earnings = Beginning retained earnings of 2021 + net income - dividend. (Assume there is no dividend and beginning retained earnings).

Retained earnings = 0 + $42,000 - 0 = $42,000

Requirement 3

Company C = units-of-production depreciation method

We know, Depreciation expense rate under units-of-production depreciation method = (Purchase value of truck - Salvage value) ÷ useful usage.

Depreciation expense rate = ($56,000 - $4,000) ÷ 250,000

Depreciation expense rate = $0.208

Depreciation expense for 2021 = $0.208 × 72,000 miles = $14,976

Net Income in 2021 = Total revenue - Depreciation expense (assume there is no other expenses)

Net Income in 2021 = $45,000 - $14,976 = $30,024

Therefore, Retained earnings = Beginning retained earnings of 2021 + net income - dividend. (Assume there is no dividend and beginning retained earnings).

Retained earnings = 0 + $30,024 - 0 = $30,024

3 0

3 years ago

Suppose that the price of a pound of bananas is

monitta

Answer:

$1.50 per pound if bananas

8 0

2 years ago

A statewide alliance of independent hospitals has formed in order to do group purchasing of medical supplies. Group purchasing a

STatiana [176]

Answer:

The correct answer is c. economies of scale.

Explanation:

The situation in which a company reduces its production expenses by expanding is called economy of scale. It is a situation in which the more it occurs, the cost that the company has to manufacture a product is lower.

There is a greater benefit for every extra unit we produce. This reduction in the cost of unit manufacturing is not reduced because the price of raw materials goes down, but to take advantage of a material that we have already bought and in which we invested money in the past.

Therefore, it occurs especially in situations in which the company buys more facilities. If we buy a machinery, the way to take advantage of it is to produce more since it is the way that we get a greater benefit, by taking advantage of the same machinery to produce more products, the unit cost of each product is lower. And we will get more benefit the more we produce. This benefit will be greater since we will not have to increase manufacturing costs since we have already had it before.

3 0

3 years ago

How are random events taken into consideration during both hindsight bias and overconfidence?

Orlov [11]

The hindsight bias and overconfidence, plus our eagerness to perceive patterns in random events, can cause tendencies that may lead us to overestimate our intuition. Intuition and intellect are not always accurate, therefore these factors are not trustworthy compared to scientific facts or scientific inquiry which can help us overcome our intuition’s biases and shortcomings.

6 0

3 years ago