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sp2606 [1]
3 years ago
14

Blake Mycoskie started a shoe business known as TOMS. As a social entrepreneur, Mr. Mycoskie takes the concept of ______________

_____ to a new level. TOMS social causes are directly related to the firm’s expertise: selling shoes.
Business
1 answer:
Vinil7 [7]3 years ago
6 0

As a social entrepreneur, Mr. Mycoskie takes the concept of corporate social initiative to a new level.

Corporate social initiative is when a corporate company tries to bring social awarenss through their volunteer efforts, bussinesses that benefit soceity and much more. TOMS donates a pair of shoes to a third world country each time a pair is bought. This is a way to help their economies and those living in them by giving back.

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Southeast Airlines had pretax earnings of $30 million, including a gain on disposal of a discontinued operation of $5 million. T
klasskru [66]

Answer:

Income tax expense of $14 million should report in the income statement

Explanation:

Southeast Airline should report the income on the basis of their earning in the year.

Earning Before Tax = $30 Million

Tax on Earning Before Tax = $30 Million x 40% = $12 million

Gain on disposal = $5 million

Tax on Gain on disposal = $5 million x 40% = 2 million

Total Income tax = $12 million + $2 million = $14 million

Another way

Total Income tax = ( $30 million + $5 million ) x 40% = $14 million

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IRISSAK [1]

Answer:

Getting Hacked

Explanation:

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5 0
3 years ago
Zhang Industries is preparing a cash budget for June. The company has $29,500 cash at the beginning of June and anticipates $98,
PtichkaEL [24]

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Explanation:

The computation of the amount that should be borrowed is given below:

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3 years ago
Bryce co. sales are $914,000, variable costs are $498,130, and operating income is $196,000. what is the contribution margin rat
elixir [45]

Sales: $914,000

Variable Costs: $498,130

Operating Income: $196,000

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Contribution Margin Ratio = (Sales – Variable Costs) / Sales

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3 years ago
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