All categories

3 years ago

What is the bad side of profit motive?

2 answers:

8 0

Answer: The profit motive that drives companies and individuals all too often gives way to greed. The power of leadership all too often gives way to elitist domination. The accumulation of wealth can look like excess or hoarding while income inequality increases in economies around the globe.

sry for the big words. its off the internet.

Daniel [21]3 years ago

3 0

Answer:

The profit motive that drives companies and individuals all too often gives way to greed. The power of leadership all too often gives way to elitist domination. The accumulation of wealth can look like excess or hoarding while income inequality increases in economies around the globe

You might be interested in

The shareholders’ equity of Tru Corporation includes $540,000 of $1 par common stock and $1,140,000 par of 7% cumulative preferr

Dmitry_Shevchenko [17]

Answer:

$12,600

Explanation:

Annual Dividend to preferred stock = $1,140,000 × 7%

= $79,800

A schedule of preferred stock dividend in Arrears is as follows :

Dividend Paid Arrears

2016 $79,800 $54,000 $25,800

2017 $79,800 $54,000 $51,600

2018 $79,800 $131,400 0

Dividends of $131,400 has to be paid in 2018 to cover all the arrears.

Principle : Preference dividends (and their arrears if cumulative) are paid first before dividends distribution to common stock holders.

Common Stock Holders receive the remaining amount of dividends of $12,600 ($144,000 - $131,400)

7 0

3 years ago

Ryan’s Hunting Emporium sells hunting equipment. The store advertises its equipment in a popular magazine that is distributed ev

MrRissso [65]

Answer:

The correct answer is letter "C": continuous.

Explanation:

A continuous media schedule is a marketing technique in which advertisement is published always at the same time and after the same period of time during a day, week, or month. This is done in different means of communication such as television, radio, or social media to take advantage of the content in order to relate it with the product or service offered.

4 0

3 years ago

There is a trend in the United States toward rediscovering the flavor of regional cooking and the use of locally grown ingredien

Llana [10]

Answer:

Lifestyles

Explanation:

There are many reasons for this market to grow over the years, for example: Farmers' markets provide low-risk entry points for new or beginning farmers; educational opportunities for the general public; and increased access to fresh food for food-insecure community members.

8 0

3 years ago

What is the effect of declaring a stock dividend on the liabilities and stockholders' equity section of the balance sheet? a.A d

kati45 [8]

Answer:

An increase in total liabilities and a decrease in stockholders' equity

Explanation:

When a dividend is declared but not ye paid, it is credited as current liability because it has increased the company liability while retained earnings is being Debited because of the profit distribution.

When it is eventually paid, cash account is credited while dividend liability account is debited.

8 0

3 years ago

For the month of June, Mae Green budgeted the following amounts: $180 for food, $475 for rent, $15 for transportation, $50 for i

Vinil7 [7]

Answer:

No, she did not

Explanation:

In this question, we are asked to answer if Mae stayed within her budget, given her budget and the total amount she later spent.

To solve this problem, what we need to do is to add up all what she budgeted. Afterwards we add up all she spent. Then , we see the difference between the two to actually know if she stayed within her budget of not.

We proceed as follows:;

Let’s calculate budgeted amount: This is ; 180 + 475 + 15 + 50 + 65 + 25 + 150 + 30 = $990

Now, let’s calculate how much she later spent; That would be; 182 + 475 + 12 + 65 + 68 + 12.5 + 36 + 150 = $1000.5

We can see that she spent more that the amount she had budgeted. This means she didn’t stay within the total amount allocated for her budget

3 0

3 years ago