Answer:
A. $ 600
Explanation:
Computation of office supplies purchases during February
The formula for calculating the purchases is:
Opening Inventory + Purchases - Expenses = ending inventory Supplies
$ 800 + Purchases - $ 1000 = $ 400
By solving the equation, the purchase value is calculated at $ 600
Another approach is to see that the change in supplies inventory balance is a reduction of $ 400, The expenses of $ 1000 is contributed by a reduction in supplies of $ 400 and the remaining balancing amount of $ 600 is the purchases
Answer: D)
Explanation: These are statements that are missing.
A. IF a person looks over 21, they likely are.
B. Few minors have physical characteristics of an adult.
C. if a person looks like a minor, they likely are a minor.
D. signs of physical maturity are a reliable guide.
If the person is having looks like they are 21 year old, physical characteristics or looking like a minor but not having an ID card that is showing that they are having physical maturity, 21 years or more, they cannot buy an alcohol because that is against the law and the law is referring to that everyone who is buying it has to be at least 21 years old.
Answer:
The correct answer is option D.
Explanation:
The ethical principles in business are not much different from the ethical principle in general. They are not separately based on some other special rules to judge business conduct. They are judged from the society's perspective of right and wrong.
There are two schools of ethical principles, namely, ethical universalism and ethical relativism. Universalism believe that the concept of right and wrong are universal. While, on the other hand, relativism school believes that they vary according to local customs.
Though universal ethical principles from different societies form a kind of informal contract that all individuals and organizations have to follow.
Failure to observe these principles not only corrode company's reputation but have also other adverse effects and costs involved.
This scenario illustrates that the company is aiming at fulfilling its <u>"discretionary responsibility".</u>
The discretionary responsibilities of companies allude to society's desire that associations be great residents. This may include such things as altruistic help of projects profiting a network or the country. It might likewise include giving worker aptitude and time to admirable motivation.
Discretionary responsibility, it is best depicted by the assets contributed by organizations toward social, instructive, recreational as well as social purposes.
Answer:
D) 11.75%
Explanation:
The overall capitalization rate is calculated by dividing net income by the fair market value of the asset.
net income = effective gross income - operating expenses
effective gross income = potential gross income - vacancy and collection losses = $350,000 - ($350,000 x 7%) = $325,500
net income = $325,500 - ($325,500 x 35%) = $211,575
capitalization rate = $211,575 / $180,000 = 11.75%
