Answer:
Explanation:
Apr-30
Dr Felix Godwin, Capital 20,055
Dr Fees earned 381,030
Cr Wages expense 294,900
Cr Rent expense 70,800
Cr Supplies expense 26,540
Cr Miscellaneous expense 8,845
Apr-30
Dr Felix Godwin, Capital 38,000
Cr Felix Godwin, Drawing 38,000
Answer:
The correct answer is E that is $74,520
Explanation:
The expected cash receipts for January from the current and past sales is computed as:
Cash sales for January = Budgeted sales × 20% cash collected
= $51,000 × 20%
= $10,200
Credit Sales is computed as:
For November is $13,000
For December = December Sales / 60 × 50
= $42,000 / 60 × 50
= $35,000
For January = Budgeted Sales × 80 %× 40%
= $51,000 × 80% × 40%
= $16,320
Total January Sales = Cash Sales + Credit Sales
= $10,200 + $13,000 + $35,000 + $16,320
= $74,520
The term Social responsibility refers to a business's obligation to
maximize its positive impact and minimize its negative impact on society.
<h3>What is the role of social responsibility in Business?</h3>
- Social responsibility means that businesses, in addition to maximizing shareholder value, must act in a manner benefiting society, not just the bottom line.
- Social responsibility has become increasingly important to investors and consumers who seek investments that not only are profitable but also contribute to the welfare of society and the environment.
- While critics have traditionally argued that the basic nature of business does not consider society as a stakeholder, younger generations are embracing social responsibility and driving change.
<h3>Extra keywords for social responsibility:</h3>
- Social responsibility means that besides maximizing shareholder value, businesses should operate in a way that benefits society.
- Socially responsible companies should adopt policies that promote the well-being of society and the environment while lessening negative impacts on them.
- Companies can act responsibly in many ways, such as by promoting volunteering, making changes that benefit the environment, engaging in ethical labor practices, and engaging in charitable giving.
- Consumers are more actively looking to buy goods and services from socially responsible companies, hence impacting their profitability.
- Critics assert that practicing social responsibility is the opposite of why businesses exist.
To learn more about Social responsibility, refer
to brainly.com/question/25922327
#SPJ4
Answer:
The world has limited productive resources
More output satisfies More wants
Answer:
all of the above
Explanation:
When outcomes are uncertain, a manger must recognise and describe the risks involved. After identifying the risks, the risks must be evaluated to determine the extent of the risk and how the risk would affect the business. After the risks have been evaluated, the risk should be managed. For example, by taking insurance.
For example, if a manager wants to purchase a machine,
the manger has to identify the risks involved : the machine can be stolen, it can injure workers or it might not produce the desired effect
The manger must then evaluate the risks. The risks can be evaluated using capital budgeting methods. e.g. NPV
The manger can manage the risk by taking out insurance
