Answer: Yes, in light of the fact that the dumping practices pose a serious (and credible) threat, she does have a prima facie obligation to blow the whistle
Explanation:
Helen has the right to blow the whistle because engineers in well protected society for whistle blowing can have legal and moral support if they disclose some irregularity and corruption in their industry. In denial of not making known the decadence in the industry exposes individuals who work there and the society at large to a risk. Safety is a primary factor in any industry and whatever isn't done well or in the right manner is a danger to everyone
Answer:
b. Liability, $9,000,000; expense, $0.
Explanation:
An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations
Here the $9,000,000 million represents the liability
Also the journal entry is
Asset Dr
To liability
(Being the asset placed is recorded)
There is no expense should be recorded in the income statement
Answer:
$184.27
Explanation:
initial cash balance $34
initial short-term loan balance $180
net cash inflow Q1 = $36
repaid $50 to short term loan including interests ($3.60)
initial cash balance $20
short-term loan balance = $133.60
net cash outflow Q2 = $48
short term loan was taken to cover this deficit plus $2.67 in interests ($133.60 x 2%)
short term loan balance at the end of Q2 = $133.60 + $48 + $2.67 = $184.27
Answer:
By providing loans so people can open businesses
Explanation:
Financial institutions act as intermediaries between the source and users of credit. By accepting deposits from the general public, financial institutions pool together resources that firms and individuals can borrow to start or expand their business.
Financial institutions include commercial banks, saving and credit unions, among others. They offer credit services to clients from the customers' deposits. The loans help individuals and firms start and grow their business, which leads to growth in the entire economy.
Nellie's position would be classified as a staff position since he working as an attorney for the same consulting firm.
<h3>Who is an attorney?</h3>
An attorney is a person or a member of the legal profession. They are licensed and qualified to represent a client in court.
Here, Nellie is providing legal support to his firm's consultant hence his position would be considered as staff.
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