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Readme [11.4K]
3 years ago
5

A local bank sponsors a charity run that raises funds for a non-profit building wells and schools in Mali, Africa. How would the

use of the bank’s funds for this fundraiser be justified when its goal is to maximize profit?
Business
1 answer:
const2013 [10]3 years ago
5 0

Answer:

The use of the bank's funds for this fundraiser would be justified when the bank's goal is to maximize profit by:

giving the bank public relations boost, thereby improving its public image.

Explanation:

The creation of publicity opportunities through this fundraiser enhances the bank's activities.  Awareness of its services is created through the sponsorship.  People perceive the bank as a charity-supporting organization, which cares for the welfare of the less-privileged.  The fundraiser creates huge goodwill.  Public relation is, therefore, critical in helping the bank to engage its diverse publics across various platforms, including the accruing intangible benefits that derivable from the seemingly unprofitable effort.

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Tara purchased a machine for $40,000 to be used in her business. The cost recovery allowed and allowable for the three years the
nexus9112 [7]

Answer:

c. $11,480

Explanation:

Given that

               Cost recovery allowed                Cost recovery allowable

Year 1         $16,000                                                $8,000

Year 2        $9,600                                                  $12,800

Year 3        $5,760                                                  $7,680

The computation of gain should Tara recognize is shown below:-

Cost                                           $40,000

Less:

Greater cost of recovery

allowable or allowed

Year 1                $16,000

Year 2               $12,800

Year 3               $7,680            $36,480

Adjusted basis                          $3,520

Gain to be recognized = Residual value - Adjusted basis

= $15,000 - $3,520

= $11,480

So, for computing the gain to be recognized we simply deduct the adjust basis from residual value.

7 0
3 years ago
What is the difference between global trade and domestic trade?
Tcecarenko [31]
Domestic trade is trade<span> occurring inside a particular country, while global is between nations, think international.</span>
4 0
3 years ago
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Carl wants to buy a video game console. He has identified two important attributes to compare: price and game
mafiozo [28]

Answer:

The correct answer is letter "C": The conjunctive rule.

Explanation:

In Marketing, the conjunctive rule states individuals set a minimum standard at the moment of choosing what goods or services to acquire. The option they will eventually choose is at least equal to the minimum cutoff for every standard established. The options forgone are below the individuals' minimum cutoff.

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Natasha2012 [34]

Answer:

a cell membrane is a double layer of lipids and proteins that surrounds a cell

6 0
3 years ago
What is an advantage of using multimedia slides?Extensive training and publishing experience allows you to distribute basic pres
Viktor [21]

Answer:

Recall is enhanced because the audience keeps the reference material.

Explanation:

The advantage of using multimedia slides is that they enhance recall because the audience keeps the reference material. They are cheap to update and easy to use. They also always work well with other equipment and programs. A strong benefit of the multimedia slides is that it takes advantage of the brain's ability to process and connect both verbal and visual representations of any content, which leads to a better understanding of the presentation.

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