When a manager needs to make a decision using the ethical decision-making process and reaches the second stage, they check whether the decision violates the c. fundamental rights of any stakeholders
The ethical decision-making process involves making decisions that are consistent with the relevant ethical views of the company which it draws from the society it is based in.
The second stage of this process involves checking whether the ethics involved in a certain decision, would violate the fundamental rights of shareholders which include:
- The right to ownership
- The right to Dividends
- The rights to evaluate corporate decisions
- The right to voting power
This is to ensure that the shareholders are taken care of because the first duty of a manager is to their shareholders.
In conclusion, managers need to check whether a decision affects the fundamental rights of shareholders before they embark on it.
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The options for this question include:
a. utilitarian beliefs
b. the global commons
c. the fundamental rights of any stakeholders
d. home country values
Answer:
$27,000
Explanation:
Taylor share $39,600
(2,200 * 18)
Add: Corner share Acquired $35,100
(1,300 * 27)
Add: incremental value $2,300
Less: Cash paid <u>$50,000</u>
Value of Taylor's Hardware <u>$27,000</u>
after the acquisition
Answer:
Option A) $5000
Explanation:
The explanation for this question is given in the attachment below.
Answer:
True
Explanation:
It is True because net income is shown in the Balance sheet as a credit account as it increases the revenues and as a debit column in the Income Statement of the end-of-period spreadsheet.
This entry is reversed for the net loss. It would be shown as a debit column in the Balance Sheet ( indicating an expense/ a loss) and as a credit column in the income statement.
The net income is shown as a debit column in the Income Statement of the end-of-period spreadsheet indicating that the credits ( revenues) are more than the debits ( expenses) and we get the balance of the income after deducting the expenses from the revenues. It is entered above the debit totals.
