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densk [106]
3 years ago
8

Historically, common crimes (such as robbing a bank) were punished more severely than white collar crimes (like embezzlement). W

hy do you think that is? Since 2003, there has been a steady push to punish white collar crimes at least as severely as common crimes are punished. Do you feel that this is in the best interest of society? Should white collar crimes be punished more severely, less severely, or the same as comparable common crimes?
Business
1 answer:
Gelneren [198K]3 years ago
5 0

Answer:

They must be severely punished.

Explanation:

Common crimes earlier were more threat full to the society than any other act and that is the reason they were mentioned more.

Since, the new era has new crimes, and one of the kind is white collar crimes which happens when companies’ heads try to misguide people with false financial reports, adding more losses to avoid taxes and sometimes showing more profit to attract potential investors, now it has become even severe.

Whichever the case, both crimes ultimately effect society and its stakeholders, however, common crimes are more frequent than white collar crimes.

Hence, they must be severely punished because they are committing crimes under the disguise of an innocent professionals.

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Assets liabilities + net worth reserves $120,000 checkable deposits $300,000 loans 140,000 stock shares 200,000 securities 40,00
Free_Kalibri [48]

the answer i got was 960000

Tell me if right

5 0
3 years ago
Pronghorn Company issues 8,900 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock has a fair value
zysi [14]

Explanation:

The Journal entry is given below:-

A 1. On 1 January 2020  

    Unearned compensation Dr,                           $445,000  

             To Common stock (8,900 × $10)                          $89,000

             To Paid-in Capital in Excess of Par -common stock  $3,56,000

(Being the restricted stock is recorded)

2. On 31 December 2021

    Compensation expenses Dr, ($445,000 × 1÷5)    $89,000

                 To Unearned compensation                                           $89,000

(Being the restricted stock is recorded)

B On 25 July 2024

      Common stock                                                      $89,000

       Paid-in Capital in Excess of Par -common stock $356,000

                   To compensation expenses                                          $356,000

                   To  unearned compensation                                          $89,000

(Being the forfeiture is recorded)

7 0
3 years ago
Ted is retiring in five years and is thinking of selling the business. Ramon, his general manager, tells him that he, the other
victus00 [196]

Answer:

D) an ESOP.

Explanation:

ESOP is known as employee stock ownership. ESOP IS when employees in a company own shares in that company.

I hope my answer helps you

6 0
3 years ago
Read 2 more answers
On July 1, 20X1, Mirage Company issued $250 million of bonds with an 8% coupon interest rate. The bonds mature in 10 years and p
hoa [83]

Answer: See explanation

Explanation:

a. At what price were the bonds issued?

The bonds were issued at $250 million since the issue price will have thesame value as the face value in this case.

b. On July 1, 2019, the market interest rate for bonds of this risk class is 6%. What is the fair value of the bonds on this date?

The fair value of the bond on this date will be:

= {$250,000,000 × 4% × [(1-1.03)^-16]0.03} + {$250,000,000 × (1/1.03)^-16}

= $281402755

c. Suppose that 50% of the bonds were repurchased for cash on July 1, 2019, at the market price. What journal entry would the company make to record this partial retirement?

The journal entry will be:

July 1 ,2019

Debit Bond payable $250,000,000/2 = $125,000,000

Debit loss on bond redemption = $140,701,378 - $125,000,000 = $15,701,378

Credit Cash $281402755 × 50% = $140,701,378

(To record bond payable redemption)

7 0
2 years ago
What does acronym OSHA stand for?
maria [59]
“OSHA” Stands for the Occupational Safety and Health Administration of the United States Department of Labor, formed by the Occupational Safety and Health Act of 1970
4 0
2 years ago
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