Answer:
Owner's withdrawals:______.
a) decrease owner's equity.
Explanation:
The withdrawals made by the owner of an entity reduces his or her equity interest in the entity. Owner's withdrawals are transfers of cash from the business to its owner. They are not expenses of the business and do not appear in the income statement. Instead, withdrawals may occur when an organization is spinning off extra cash or when the owner has an immediate personal need for the funds. The forms of business organizations that allow for withdrawals by the owners are the partnership and the sole proprietorship.
Answer:
$26.94
Explanation:
We know,
Current stock price = P0 = 
Given,
expected dividend = $3.30
Growth rate, g = 2.75% = 0.0275
Required rate of return, ks = 0.15
Putting the values into the formula, we can get
Current stock price, P0 = 
Or, Current stock price, P0 = 
Therefore, Current stock price, P0 = $26.94
Answer:
B) Businesses can actually do very little in terms of social responsibility.
Explanation:
Milton Friedman is most famous for the defense of the Chicago School economics which is a neoclassical approach to macroeconomics. He favored free trade, smaller government and a slow but constant growth of the money supply. I personally disagree with neoclassical economists because they have the tendency to mess things up and time proves they are always wrong (that is a biased but positive statement). He was the father of monetarism, but if you look at his last two disciples, George Bush and George W. Bush, the outcome was not positive ⇒ 3 deep recessions in 3 presidential terms.
As a neoclassical economist, Friedman believed and argued in favor of the trickle down in economics. That means that if you allow the rich to get overwhelmingly rich, their riches will spill over to the rest of society. Not because they are good people that like to share their wealth, but because they need workers and employees to keep consuming goods and services in order to get the economy moving. Eventually the spilled over wealth should return to the top. So it is no wonder why he opposed corporate social responsibility, since wasting time and money in the community, employees or the environment was simply a waste of resources that could be used to increase stockholders' wealth.
I understand how theoretically this might work, but it takes the human factor out of the equation and expectations are extremely important in economics, that is why they always fail.
The answer is Clean Water Act. It is a U.S. federal law that
controls the discharge of pollutants into the nation's surface waters. This act
was initially known as the Federal Water Pollution Control Act. Also, this act
is managed by the U.S. Environmental Protection Agency (EPA), which arranges
water quality standards, handles implementation, and helps state and local
governments advance their own pollution control plans. The federal government delivered
billions of dollars in grants to back the building of sewage treatment
facilities around the country. This act also necessitate businesses to apply
for federal documents to discharge pollutants into water courses, as well as to
decrease the amount of their discharges over time.
1. Be descriptive but not too general or vague. Don't choose a name that is too vague or too meaningful.
2. Use related words in a creative way.
3. Keep it simple.
4. Don't copy your competitors.
5. Avoid using your own name.
6. Choose a name that's scalable.
7. Make sure you have a related domain.
