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Nataly [62]
3 years ago
7

What drivers for unethical behavior are evident in reviewing the actions of Bernard Madoff and the managers of the Stanford Fina

ncial Group?
Business
1 answer:
GREYUIT [131]3 years ago
6 0

The unethical behavior of the Bernard Madoff and the managers of the Stanford financial groups are fraudulent and they aims at their personal gain and the wealth they earned through the concept of self dealing

Explanation:

They were clearly involved in such activities due to over-zealous and for their personal gain and in the pursuit of wealth and self interest. His main reason for existing his business was for funding his lifestyle and his expenses.

This is totally unethical or amoral in the work climate and it is the sole purpose or the duty of the company to ignore what is right and what is wrong and to get away with the strategy that they are not suitable with.

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The Reingold Hat Company uses the allowance method to account for bad debts. During 2018, the company recorded $800,000 in credi
olasank [31]

Answer:

$24,000

Explanation:

Since in the question it is given that the  3% of credit sales is considered to be a bad debt expense

where,

Credit sales is $800,000

And, the estimated percentage is 3%

So by considering this above information, the amount debited to bad debt expense is

= $800,000 × 3%

= $24,000

All the other information i.e to be given is not relevant. Hence, ignored it

4 0
3 years ago
You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increa
Andrews [41]

Answer:

54.55%

Explanation:

The purchasing price is $55

Price has increased to $85.

The monetary increase = $85 - $55 = $30

As a percentage , the increase will be

=$30/$55 x 100

=0.545454 x 100

=54.5454%

=54.55%

3 0
3 years ago
The manager of a consumer products firm said, "We use the brand manager position to train future executives." Why do you think t
adelina 88 [10]

Answer:

In marketing, brand management begins with an analysis on how a brand is currently perceived in the market, proceeds to planning how the brand should be perceived if it is to achieve its objectives and continues with ensuring that the brand is perceived as planned and secures its objectives.

8 0
2 years ago
Travis has a 2,400 square foot home. He is self employeed and uses one room of his home exclusively for his business. The area o
Montano1993 [528]

Answer:

$500;$810

Explanation:

Based on the information given we were told that he painted his office and replaced the door at a cost of the amount of $500 which means that Travis has the amount of $500 in deductible direct expenses

Calculation for deductible indirect expenses.

First step is to calculate the utilities

Utilities= $3,000 x (240/2,400)

Utilities= $3,000 x 10%

Utilities= $300

Second step is to calculate the property taxes

Property taxes= $1,500 x 10%

Property taxes= $150

Third step is to calculate the mortgage interest

Mortgage interest= $3,600 x 10%

Mortgage interest= $360

Now let calculate the deductible indirect expenses.

Deductible indirect expenses=$300+$150+$360

Deductible indirect expenses=$810

Therefore Travis has $500 in deductible direct expenses and $810 in deductible indirect expenses.

4 0
2 years ago
Who is affected by our government’s fiscal policies?
Norma-Jean [14]

The answer is C- The entire economy

3 0
3 years ago
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