Answer:
B) should ask the CEO to step down because it has a greater obligation toward society.
Explanation:
The concept of value creation in a business is more than simply increasing profits, it is about creating value for the company's customers and society as a whole. This concept is best illustrated by engaging in practices that reduce pollution or other business decisions like not buying from foreign vendors that employ forced child labor. Sometimes certain business practices are so evil that they are outlawed, e.g. buying conflict or blood diamonds, but Belgian diamond markets are still full of them. The final decision is ours, and as customers we have the power to decide which companies we support.
Answer: $3186
Explanation:
The interest expense that will be recorded on June 30, 2021, the first interest payment date will be calculated as:
= Issue price × Yield price × 1/2
= $91035 × 7% × 1/2
= $91035 × 7/100 × 1/2
= $91035 × 0.07 × 0.5
= $3186
Federal Student Aid in the form of grants, subsidized loans and unsubsidized loans
Answer:
Option Total assets, total liabilities, and equity are unchanged.
Explanation:
The reason is that the double entry to record this transaction is as under:
Dr Cash Account $42,000
Cr Accounts Receivable $42,000
Hence there increase in one asset and decrease in other asset will have zero net impact on assets. As equity and liabilities are not effected by the transaction, hence they will also remain unchanged.
The answer is A.True
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