Answer:
Correct option is (d)
Explanation:
Corporate social responsibility is an initiative taken by companies to act for the benefit of the society. Since companies utilize resources from the society, it their responsibility to give back to the society in the form of charity to non governmental organizations, welfare of underprivileged and protecting the environment.
Here, though Enron was undertaking unethical means for personal benefits, it was also carrying out corporate social responsibility by donating to Houston area charities.
Answer:
The answer is <em><u>C. 40 km^2</u></em>
<em><u>8km*5km = 40</u></em>
A = L*W
L = 8 km
W = 5 km
Answer: 0.68
Explanation:
Using the measures given, the equity beta can be calculated as:
Equity beta = Asset beta * (1 + (1 - Tax rate) * (Debt/Equity)
= 0.9 * ( 1 + ( 1 - 23%) * (30% / 70%)
= 1.593 * 0.3/0.7
= 0.68
Answer:
1. The Fed is an independent government agency ⇒ C. A government agency should not have so much control over the economy because politicians are always going to do anything to win the next election.
The Fed is an independent government agency that pursues the best economic policy for the nation independent of what politicians want.
2. The Fed is overseen by the federal government ⇒ A. The Federal Reserve lacks accountability because no one audits the Fed. There is no way to know what really goes on behind the scenes.
The Federal government however, gets to oversee the Fed to ensure accountability and best practices.
3. The Fed conducts monetary policy through open market operations ⇒ B. The Federal Reserve just prints more money when the economy needs it and gives it to link.
The Fed does not only oversee the printing of money by the Treasury, they also conduct monetary policy through the use of OMO by buying securities when they want money supply to increase and selling when they want a decrease.
Answer:
Explanation:
note to be paid with three equal payments @ 6% interest at the end of each year.
Amortization Schedule
Year Opening Interest 6% 3 equal Paments Repay Closing
1 8000000 480000 2666667 3146667 5333333
2 5333333 320000 2666667 2986667 2666667
3 2666667 160000 2666667 2826667 0
Journal Entries
January 1, 2018
Loan Receivable 8000000
Bank 8000000
Amount given as Loan
December 31, 2018
Cash 3146667
Interest Income 480000
Loan Receivable 2666667
To record the repayment and interest income
December 31, 2020
Cash 2826667
Interest Income 160000
Loan Receivable 2666667
To record the repayment and interest income
