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Galina-37 [17]
3 years ago
11

The triple bottom line approach to corporate accounting includes which three components?

Business
1 answer:
N76 [4]3 years ago
8 0

Answer:

The correct answer is letter "B": financial, environmental, and social.

Explanation:

The Triple Bottom Line (TBL) approach is a set of practices that aim to study the financial, environmental, and social performance of a firm within a period. Those three (3) components can also be translated into profit, planet, and people. According to the theory, the three factors must be taken into consideration at the time of doing businesses otherwise companies would not be fulfilling their true objective.

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Valutech Manufacturing uses job order costing for its production of MP3 players. The cost incurred for the current year for the
lyudmila [28]

Answer:

$65 per unit

Explanation:

For computing the cost per unit first we have to determine the cost of goods manufactured which is shown below:

Cost of goods manufactured = Opening work in process + direct material cost + direct labor cost + manufacturing overhead cost - ending work in process

= $10,000 + $12,000 + $6,000 + $4,000 - $6,000

= $26,000

And, there is a production of 400 MP3 players

So, the cost per unit is

= $26,000 ÷ 400 MP3 players

= $65 per unit

8 0
2 years ago
g purchased a 25% stake in for $486,000 on Jan 2, 2021. On Jan 1, 2021, Satisfactory had a book value of equity on its balance s
stepladder [879]

Answer:

Perfection records in it's books an Investment in Associate of $486,000

Explanation:

Hi, your question has missing information, i tried to look for the full question online but I could not find it.

However, I have prepared below explanation to the problem.

When a firm has investments into another firm of less than 50% voting rights in stake but greater than 20% we say that firm has significant influent in the investee. The firm is said to have an Investment in an Associate.

Investments in Associates are always recorded using the Equity Method of Accounting.

<u>Entries for Investment in Associate are :</u>

Debit :Investment in Associate ($1,944,000 × 25%) $486,000

Credit : Share of profits of associate $486,000

Conclusion :

Perfection records in it's books an Investment in Associate of $486,000

4 0
2 years ago
What was required to make plantation cash crops a source of wealth?
Kamila [148]
In order to make it a source of wealth it required slave labor 
6 0
3 years ago
Draw a graph which depicts long run equilibrium of transnet
Nookie1986 [14]
I will not be able to illustrate the graph in the dialog box but instead, the writer will describe the long-run equilibrium of transnet. Long-run equilibrium in economics focuses on the period of time where the resource is still available and what is its costs and quantity produced. 
8 0
3 years ago
The following transactions were completed by the company. The company completed consulting work for a client and immediately col
Burka [1]

Answer:

See explanation Section

Explanation:

See the image to get the appropriate answer.

7 0
3 years ago
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