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3 years ago

What is the benefit of employing an ethics officer?

Business

1 answer:

Lyrx [107]3 years ago

3 0

Answer:

A. This professional serves as a law-enforcement officer, with the authority to arrest employees who do not abide by the ethics code.

Explanation:

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Shiffon Electronics manufactures music players. Its costing system uses two cost categories, direct materials and conversion co

lys-0071 [83]

Answer:

1,100 units; 1,050 units

Explanation:

Calculation to determine the equivalent units for direct materials and conversion costs, respectively, for March

DIRECT MATERIALS CONVERSION COSTS L

Completed and transferred out

1,000 units 1,000 units

(300 units+800 units - 100 units)

Add Work in process, ending

100 units 50 units

(50% Complete*100 units=50 units)

Total equivalent units

1,100 units 1,050 units

Therefore the equivalent units for direct materials and conversion costs, respectively, for March will be 1,100 units; 1,050 units

4 0

3 years ago

In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves

almond37 [142]

Answer:

Increases; Rise

Explanation:

In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves, an increase in the reserve requirement increases the demand of reserves and causes the federal funds interest rate to rise, everything else held constant.

4 0

3 years ago

In March 2021, the Phillips Tool Company signed two purchase commitments. The first commitment requires Phillips to purchase inv

xeze [42]

Answer:

Journal entries

Date Account title and explanation PR. No. Debit ($) Credit ($)

June 15,2021 Purchases $85,500

Loss on purchase commitment $15,000

Cash $100,000

(To record the payment for the loss on

purchase commitment)

June 30,2021 Estimated loss on purchase

commitment $10,600

Estimated liability on purchase

commitment $10,600

(To record the loss on purchase commitment)

Aug 30,2021 Purchases $120,500

Loss on purchase commitment $19,900

Estimated liability on purchase

commitment $10,600

Cash $151,000

(To record the payment for the loss on purchase commitment)

Explanation:

For June 15, Loss on purchase commitment = Signed value of inventory - Market value of inventory = $100,000 - $85,500 = $14,500

For June 30, Loss on purchase commitment = Signed value of inventory - Market value of inventory = $151,000 - $140,400 = $10,600

For Aug 30, Loss on purchase commitment = Market price of inventory at June 30 - Market value of inventory at August 30 = $140,400 - $120,500 = $19,900

4 0

4 years ago

Ben is a self-employed accountant who works overtime during the first two weeks of April to finish his clients' tax forms before

eduard

Answer:

<u>Elevated blood cholesterol level.</u>

Explanation:

Ben is more likely to show a elevated blood cholesterol level, as his overwork regime most often causes a sedentary lifestyle and poor diet.

Cholesterol is a lipid found naturally in the human body and is responsible for being the structural component of membranes throughout the body, it is used to produce vitamin D, hormones and bile acids for the digestion of fat. The liver makes 70% of cholesterol and the other 30% comes from the diet.

When it is above the recommended level, cholesterol can accumulate on the walls of the arteries and cause various heart diseases, such as angina, heart attack and stroke.

Therefore, to maintain blood cholesterol levels, it is necessary to adopt a healthy and balanced diet, in addition to the practice of physical exercises.

4 0

3 years ago

Gilmore, Inc., just paid a dividend of $3.05 per share on its stock. The dividends are expected to grow at a constant rate of 5.

Alona [7]

Answer:

intrinsic value: 49.50

value in four years: $ 61.32

value in fourteen years: $ 104.75

Explanation:

we solve using the gordon model:

$\frac{divends_1}{return-growth} = Intrinsic \: Value$

D0 = 3.05

D1 = 3.05 x ( 1 + 0.055) = 3.21775‬

$\frac{3.21775}{0.12 - 0.055} = Intrinsic \: Value$

Value: 49.50384615

<u>In the future will grow at the same rate as dividends:</u>

price in four years: 49.50 x (1.055)^4 = 61.32182021

price in fourteen years: 49.50 x (1.055)^14 = 104.7465274

7 0

3 years ago