Answer:
$202,701,713.58
Explanation:
Present value of this liability = Value of liability / ((1+r)^t)
Present value of this liability = $750 million / ((1+0.08)^17)
Present value of this liability = $750 million / (1.08)^17
Present value of this liability = $750 million / 3.7000180548
Present value of this liability = $202,701,713.5840815
Present value of this liability = $202,701,713.58
Answer:
d.
Explanation:
Criminal law is a branch of the United States Justice System which deals with all types of crimes. Criminal law is mostly concerned with wrongs committed against the public as a whole. Such crimes include anything that can be perceived as being threatening or harmful to the property, health or safety of the population or an individual.
Answer:
Managers should be held responsible for only those cost, revenues, or assets over which they have substantial control should be considered as a
FALSE Statement.
Explanation:
In order to understand this statement comprehensively, we need to know the following two views.
The Omnipotent View
The Symbolic View
The Omnipotent view
This view defines and makes managers wholly responsible for all the success and losses of an organisation. This view referred managers as completely liable for all the operations, causes and their resulting effects within an organisation. No matter what, they are held liable for the consequences. For example, when a football team performs, coaches and managers are held liable and they come under radar in case of bad performances.
The symbolic View
This view says that managers make decisions in the best interest of the firm on the base of available resources, assets, costs and revenues but there are certain things which are beyond their control, they have very less or little control over certain things like economy, political environment – rules and regulations, competitors actions, market conditions, having control over technology etc.
Consequently, mangers cannot be held completely responsible; they have limited impact and effect over the organisational performance.
Answer:
A) True
Explanation:
Ethical learning can be regarded as educational proposal that has the purpose of preparing students as regards their future working life , through rendering of help to acquire skills that will give them enablement to perform their professions with responsibility as well as autonomy.
Business ethics can be regarded as study of needed business policies as well as business practices. Subject needed to learn could involves could be corporate social responsibility,corporate governance and others. It should be noted that Ethics Learning to recognize ethical issues is the most important step in understanding business ethics.
Answer:
b. $65,000
Explanation:
Particulars Amount
Revenues
Service Revenue $390,000
Less: Sales Return and allowance $10,000
Less: Sales Discount <u>$5,000 </u>
Net Sales Revenue $375,000
Less: Cost of Goods Sold <u>$200,000</u>
Gross Profit $175,000
Less: Operating Expenses <u>$110,000</u>
Operating Income <u>$65,000</u>
Thus, income from operation is $65,000
