Corona virus. the corona virus is a virus that makes us buy masks, but it also is making us stay home and some of us have to buy computers and stuff to work from home and some of us cannot go to work because of the spread of the deadly virus. individually it will cost us money if we need to buy a computer/laptop but it will also cost money because everyone needs food and water at their house so they will create a stock, so they will spend a major of their money on food and water. on a society level there will be a lot of people buying everything at once and then there will be nothing to buy or no one to buy anything so we won’t have any ups or downs in the economy but we will not be spending money as a society so we will just keep it to ourselves.
Answer:
$440,000
Explanation:
What amount of net cash provided (used) by financing activities should be reported in the statement of cash flows?
Cash-flow from Financing activities
Particulars Amount
Proceeds from issuance of bonds payable $500,400
Dividends paid -<u>$60,400</u>
Net cash provided by financing activities <u>$440,000</u>
Answer:
C. $410,000
Explanation:
Administrative and general expenses in Lee's multiple - step income statement is $410,000
i.e the Legal and audit fees $170,000 and Rent for office space $240,000 which will amount to $410,000
Note: General and Administrative expenses are incurred in the day-to-day operations of a business and are not tied to a specific function or department within the organisation.
Answer:
D : Company 4
Explanation:
Since all the painting companies require 5 hours to paint the truck, and they all will use the same amount of materials, then you have to choose the company that charges the lowest rate per hour:
- Company 1 charges $57 per hour x 4 hours = $285 + $240 = $525
- Company 2 charges $52.50 per hour x 4 hours = $262.50 + $240 = $502.50
- Company 3 charges $48.95 per hour x 4 hours = $244.75 + $240 = $484.75
- Company 4 charges $46.20 per hour x 4 hours = $231 + $240 = $471 ⇒ lowest price
Answer:
Social responsibility
Explanation:
Social responsibility is an obligation of a business firm to act in ways that are good to the society. A business firm must act in a way that will benefit the society.
It suggest that a business firm must be concerned about the welfare of the people in the community.
It is ethical of a business to consider the welfare of the people before taking any action in the society. This implies that, a business firm shouldn't only consider making profit or expanding their business but should take into consideration the wellbeing of the people around them.
Social responsibility is not only performed by a business firm but also the duty of every individual that is capable of impacting the environment.
Every individual and business firm should impact the environment in a positive way and Improve on the wellbeing of people dwelling in the environment.