B. Understanding what you want!
Answer:
Option D
Explanation:
In simple words, moral hazard refers to the situation when an individual do not act with full responsibility due to the fact that any loss from their behavior will be borne by some third party.
Thus, by assessing the employees before employment by a test will help to decide the employer if the individual is worthy of the job or not. Thus, efficient employees will be selected and less mistakes will occur.
Answer: Post-conventional
Explanation: The post-conventional level of personal moral development is the rising realization that people are different beings from society and that the people's own viewpoint may take precedence over society’s opinion. This means that people may violate regulations that are not consistent with their own beliefs.
In this case, Don, being an independent thinker that concentrates on empowering his workers manages this level of personal moral development. People who show this morality see laws is for maintaining the public social order and for the protection of people's freedom.
Answer and Explanation:
The major impact by which the e commerce and the internet have changed the relationship between the customers and companies is that they have made customers an active participant in the marketing process. Earlier the companies promoted their products and services and the customers passively indulged in the process of marketing. But now there is a two way communication between the customers and the marketers in the e commerce format. The customers are not able to compare the prices and features of the products online but they also provide feedback to the companies and other customers about the products and services. The customer ratings and reviews are now an important proof of the reliability and quality of a product. The customers are now active participant in marketing process and they now have more say in the process. This has deepened the relationship which existed between customers and companies. The companies are therefore becoming more responsive to the needs and requirements of the customers E commerce and internet has increased the importance of the customers and have forced the companies to maintain good relationships with the customers.
Answer:
The retained earnings balance at the end of the year is $35,835.5
Explanation:
Income before tax (taxable income) = Sales - Costs - Depreciation expense - Interest expense = $105,700 - $78,300 - $9,000 - $635 = $17,765
The tax rate is 30 percent. The amount of tax the company had to pay:
$17,765 x 30% = $5,329.5
Net income = Income before tax - Tax = $17,765 - $5,329.5 = $12,435.5
The retained earnings balance at the end of the year = Beginning balance in retained earnings + Net income - Cash dividends - Stock dividends = $24,600 + $12,435.5 - $1,200 = $35,835.5
