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2 years ago

True statement about the relationship between law, ethics, and business

1 answer:

4 0

Hi. You didn't provide the answer options and this makes it impossible for me to answer your question specifically. However, when searching for your question, I was able to find another question exactly like yours that showed the answer options shown in the figure attached. In that case, I hope the answer below can help you.

Answer:

The last option is the correct answer.

Explanation:

Ethics and morals are very variable elements and do not have a fixed determination, as their concepts are not objective. Morals and ethics is something personal that presents itself in different ways for each person. As a company is made up of many different people, the concepts of morals and ethics are as different as possible, but the people responsible for managing the company must determine an ethical and moral conduct to be followed by their employees and collaborators. However, this conduct is built with commercial objectives and as it is not possible to measure how much of these objectives are moral and ethical, the relationship between the company's value and ethical conduct is obscure and difficult to be judged.

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A company is considering two capital investments. Each requires an initial investment of $15,000 and has a 4 year useful life. I

yaroslaw [1]

Answer:

3 years

Explanation:

The computation of the payback period is shown below:

Payback period = Initial investment ÷ Net cash flow

where,

Initial investment is $15,000

And, the net cash flow would be

= Year 1 + year 2 + year 3 + year 4

= $5,000 + $5,000 + $5,000 + $5,000

= $20,000

As we see that the net cash flow is recovered in three years that means net cash flows and the initial investment are equal

So,

Payback period would be

= $15,000 ÷ $15,000

= 3 years

7 0

2 years ago

At times, someone with a good credit rating may not be able to get a loan. When this happens, the potential customer may be told

Sergio [31]

It can mean that the bank is running low on liquidity of cash. In the banks are required to keep a minimum of liquidity to be able to give loans and keep the cash flow. In case the bank is running low on liquidity the customer should inform the central bank and the central bank should fine the bank for not maintaining the liquidity.

3 0

2 years ago

Producer surplus is:

Elena L [17]

Answer: Option (d) is correct.

Explanation:

Producer surplus is associated with the producer of a good. Graphically, producer surplus is the area between the upper portion of supply curve and equilibrium price level. Producer surplus is also defined as the difference between the price at which sellers are willing supply and the actual price they received.

Producers surplus = Price paid by buyers - Cost of production

4 0

2 years ago

Suppose that the pound is pegged to gold at 6 pounds per ounce, whereas the franc is pegged to gold at 12 francs per ounce. This

zmey [24]

Answer:

we can look at this problem from 2 different point of views:

if you have francs and wish to buy pounds: then you take 12 francs and purchase 1 ounce of gold, and then you sell it for 6 pounds. This way you will only spend 2 francs per each pound instead of 2.2.

if you have pounds and want to make a gain: you take 6 pounds and purchase 13.2 francs and you then buy 1.1 ounces of gold. Then you sell the 1.1 ounces of gold in exchange for 6.6 pounds.

Any of the scenarios does not include any transaction prices nor shipping costs, it is only theoretical.

4 0

2 years ago

You are given the following information for Sookie's Cookies Co.: sales = $51,200; costs = $39,600; addition to retained earning

ipn [44]

Answer:

The depreciation expense for the company is $4615.

Explanation:

profit before depreciation and tax = (sales - cost) - interest expense

= ($51,200 - $39,600) - $1,560

= $10040

Addition to retained earnings = $2,320

dividends paid = $935

tax rate = 40 percent.

Addition to retained earnings = [(Profit before depreciation and tax - depreciation expense ) * (1- Tax)] - dividend paid

$2320 = [($10040 - depreciation expense)* (1 - 0.40)] - 935

$3255 = ($10040 - depreciation expense)* 0.60

$5425 = $10040 - depreciation expense

Depreciation expense = 10040 - 5425

= $4615

Therefore, The depreciation expense for the company is $4615.

5 0

2 years ago