1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Soloha48 [4]
3 years ago
7

Garrett has just purchased a beer distributorship. He wants to increase the visibility of his firm in local markets, but he know

s there are a number of regulations and socially accepted practices associated with promoting alcoholic beverages. According to the Framework for Ethical Decision Making, the first thing Garrett should do is to
Select one:
a. identify issues that need to be addressed.
b. gather information and identify stakeholders.
c. brainstorm and evaluate alternatives.
d. choose a course of action.
e. promote the firm's corporate social responsibility efforts.
Business
1 answer:
sattari [20]3 years ago
3 0

Answer: (A) Identify issues that need to be addressed

Explanation:

 According to the given question, on the basis of the Ethical decision framework the first thing that the Garrett should do is to identifying the main issue or problem and then it is need to be addressed so that we can effectively resolve the given problem timely.  

 For promoting the alcoholic beverages, Garrett firstly going thought all the Ethical principle and the practices so that it can help him to make the effective decisions for the purpose of promoting and increase the visibility of alcoholic beverages to the customers or users in the local market.

 Therefore, Option (A) is correct answer.

You might be interested in
None of the houses that Frank Lloyd Wright built in the Prairie Style actually stood on the prairie, though the drawings in the
Vikentia [17]

Answer:

C. works show the buildings

Explanation:

5 0
3 years ago
On January 1, 2020, the balance sheet of Naperville Company (a sole proprietorship) was as follows.
guapka [62]

Answer:

Explanation:

From the information povided:

(a) To compute the amount of goodwill paid by Chicago Corporation

Particulars                                            Amount ($)

Accounts Receivable                           100000

Inventory                                               170000

Plant & Equipment                               400000

Land                                                        90000

Customer List                                            4000

Trade Names                                          <u> 16000</u>

     NET ASSETS  (A)                             <u>780000</u>

<u />

Current liabilities                                     76000

Non-current liabilities                            <u>160000 </u>

      NET LIABILITIES (B)                        <u> 236000</u>

∴

PURCHASE  CONSIDERATION (A -B)   544000

<u>Less:</u>  Cash Paid                                    <u>  580000</u>

          GODWILL                                    <u>    36000 </u>

<u />

b)

In the books of Chicago Corporation, the Journal Entry to record the purchase of Naperville Company.

Account Name                                       Dr.                      Cr.

Accounts Receivable A/C                  100000

Inventory A/C                                       170000

Plant Equipment  A/C                          400000

Land A/C                                                 90000

Customer List A/C                                    4000

Trade Names A/C                                   16000

Goodwill A/C                                           36000

Current liabilities A/C                                                       76000

Non-Current Liabilities A/C                                             160000

Cash A/C                                                                          580000

c)

The minimum required amount of goodwill that Chicago can amortize by the end of 2020 is $3600.This is because the amortization can take place for a period of 10 years.

<u />

8 0
2 years ago
The financial statements of Trenton Office Supply include the following​ items: 2019 2018 Cash $ 46 comma 500 $ 43 comma 000 Sho
Juli2301 [7.4K]

Answer:

1.21

Explanation:

Current Ratio = Current Asset / Current Liabilities

= (Cash + Shortminusterm Investments + Net accounts receivable + Inventory) / Current Liabilities

= ( 46500 + 34000 + 102000 + 129000) / 257000

= 1.21

7 0
2 years ago
Read 2 more answers
​Wellness, a healthy living​ magazine, collected in subscription revenue on May 31. Each subscriber will receive an issue of the
PIT_PIT [208]

Answer: $220,000

Explanation:

Using the Accrual Method of Accounting means that revenue is only to be recorded when it is earned i.e. when services have been delivered.

Any revenue received when the services have not been delivered will be recorded as Unearned Revenue.

With $528,000 in subscription revenue, the monthly subscription is;

= 528,000/12

= $44,000

From June to December would be 7 months so they would have earned;

= 44,000 * 7

= $308,000

The amount that they have not earned but have received would therefore be;

= 528,000 - 308,000

= $220,000

<em>This amount will be recorded after they finish deliveries of magazines in next year May. </em>

7 0
3 years ago
7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be
kramer
Gaining a profit from sold goods is helpful because the use of scarce resources is optimized. It also provide jobs. The bad side of being in a profit motive business is that some may be tempted to deal with customers . I think that a profit motive business is a good thing.
8 0
3 years ago
Other questions:
  • The next two questions refer to the following fictional financial statement from Sharpie Markers, who sells their markers direct
    8·1 answer
  • Think of a real or made up but realistic example of a pure risk that
    11·1 answer
  • The Whole Community approach refers to different organizations within the Federal Government.
    15·1 answer
  • Wayne, Inc., wishes to expand its facilities. The company currently has 5 million shares outstanding and no debt. The stock sell
    6·1 answer
  • Suppose the economy is in long-run equilibrium. Then because of corporate scandal, in- ternational tensions, and loss of confide
    10·1 answer
  • What was one positive effect of economic globalization?
    13·2 answers
  • Ramos Company has the following unit costs: Variable manufacturing overhead$15 Direct materials 13 Direct labor 17 Fixed manufac
    11·1 answer
  • Which two items influence the success and failure of transportation businesses?
    14·1 answer
  • The manufacturer wishes to set up a control chart at the final inspection station for a gas water heater. Defects in workmanship
    8·1 answer
  • 4. When the actual price of a good is above its equilibrium market price, competition
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!