Answer:
The answer should be D, a ban of deceptive advertisements.
Explanation:
In the 90s the government cracked down on deceptive advertising more than ever and more laws on the matter were added. The only other option that was actually ever banned was A, none of the other choices were ever banned. The ban on tobacco happened in the 70s under Nixon, that makes D the only possible answer. Hope this helps! :)
Answer:
The correct answer is option D.
Explanation:
The ethical principles in business are not much different from the ethical principle in general. They are not separately based on some other special rules to judge business conduct. They are judged from the society's perspective of right and wrong.
There are two schools of ethical principles, namely, ethical universalism and ethical relativism. Universalism believe that the concept of right and wrong are universal. While, on the other hand, relativism school believes that they vary according to local customs.
Though universal ethical principles from different societies form a kind of informal contract that all individuals and organizations have to follow.
Failure to observe these principles not only corrode company's reputation but have also other adverse effects and costs involved.
Answer:
1. $225,000
2. $40
Explanation:
1. The computation of company's economic value added is shown below:-
= Earning before interest and tax × (1 - Tax rate) - (Total Capital × Cost of capital)
= $500,000 × (1 - 30%) - ($1,250,000 × 10%)
= $350,000 - $125,000
= $225,000
2. The computation of market price per share is shown below:-
= Earning per share × Price per earning ratio
= $2 × 20
= $40
Answer and Explanation:
Municipal bond rate = Taxed bond rate × (1-Tax rate)
4.25 = Taxed bond rate × ( 1 - 0.35)
Taxed bond rate = 6.54
The correct answer should be A.
