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BlackZzzverrR [31]
2 years ago
6

In 2003, the fraudulent accounting practices at ____________, a Houston-based energy company, was the largest of several busines

s scandals of the early 21st century, in which corporate executives inflated company revenues for self-gain and ultimately created widespread distrust of corporate culture, costing investors billions of dollars as well as employees their pensions.
Business
1 answer:
oksano4ka [1.4K]2 years ago
4 0

Answer: Enron

Explanation:

Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.

Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.

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How are fixed costs different from variable costs?
Alekssandra [29.7K]

Answer:

How are fixed costs different from variable costs?Fixed costs do not change no matter how much a business produces; variable costs do change.

Explanation:

when a company decides to produce a  certain commodity fixed cost and variable costs are the main costs of  the company. Fixed costs are constant regardless of the amount of output a company produces . e.g insurance and  rental payment while Variable cost changes or varies  or with the amount of goods and services  produced by a company.e.g money paid for labour.

6 0
3 years ago
Read 2 more answers
nokia reportedly dismissed the original iphone with its large glass surface partly because it failed one of nokia's own ruggedne
blondinia [14]

The logical conclusion to draw from Nokia's experience in this regard is Nokia prioritized that attribute more highly than the market did. The correct option is d.

<h3>What is the logical conclusion?</h3>

A logical conclusion is a logical statement that is given by taking facts and ideas that are presented before the person. These conclusions are based on true facts and logical things that can happen.

Here, the company Nokia dismissed the original iPhone with its large glass surface, partly because it failed the testing.

Thus, the correct option is d. Nokia prioritized that attribute more highly than the market did.

To learn more about logical conclusion, refer to the link:

brainly.com/question/24658702

#SPJ4

The question is incomplete. Your most probably complete question is given below:

a. Five feet is too stringent; two or three feet would have been more reasonable.

b. The iPhone should have been stronger.

c. Consumers should have paid more attention to Nokia's high standards.

d. Nokia prioritized that attribute more highly than the market did.

e. Apple should have enforced stronger quality controls.

5 0
1 year ago
Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow?
podryga [215]

Answer:

Net cashflow = Net income + Depreciation

Net cashflow = 3,100,000 + 500,000 = 3,600,000 dollars

Explanation:

Net cashflow equals net income plus depreciation.

3 0
3 years ago
Division A of Barsema, Inc. has operating data as follows: Capacity 20,000 units Selling price $80 per unit Variable costs $45 p
Neporo4naja [7]

Answer:

the minimum price it should charge is $40 per unit.

Explanation:

Minimum Transfer Price = Variable Costs - Internal Savings + Opportunity Cost

<em>Note :  Division A has capacity available to meet B's requirements therefore there is no opportunity cost</em>.

There are Internal savings of $5 as A's variable costs will be $5 less per unit.

Minimum Transfer Price = $45 - $5

                                        = $40

4 0
3 years ago
Milton Friedman helped to establish the economic theory of monetarism. Which statement best describes the idea of monetarism
Ann [662]

Monetary policy is the best way to influence economic growth.

Appeared as a leader of the Chicago school of financial economics, Friedman burdened the importance of the quantity of cash as a device of government coverage and a determinant of enterprise cycles and inflation. His monetarism principle proposed that cash delivery modifications have immediate and long-term effects.

Milton Friedman became a U.S. economist and Nobel laureate known as the most influential propose of loose-marketplace capitalism and monetarism in the 20th century.

The monetarist principle is an monetary concept that contends that changes in cash deliver are the maximum good sized determinants of the charge of monetary increase and the behavior of the commercial enterprise cycle.

Learn more about economic growth here brainly.com/question/1690575

#SPJ4

7 0
2 years ago
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