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Virty [35]
2 years ago
11

A restaurant chain sponsors a charity that provides support to the parents of children being treated for cancer. How would the u

se of company funds for this purpose be justified by a business whose goal is to maximize profit?
a. The funds dedicated to this purpose represent a very small share of profits.
b. The money spent is worth the boost it gives to corporate image.
c. The money will be spent efficiently to cure cancer.
Business
1 answer:
VARVARA [1.3K]2 years ago
4 0

Answer:

b. The money spent is worth the boost it gives to corporate image.

Explanation:

A restaurants charity  can be known as the activities related to the corporate social responsibility. Here the activities can be considered over and above what the law related to the land has prescribed and normally it is motivated to represent the company really care for the society also not the profit is only the purpose and in return the society helps the company to increased the profits

Therefore the option b is correct

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Answer:

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Explanation:

Content distribution is simply the act of promoting content to online audiences in multiple media formats through various channels. Content distributon channels can come in 4 ways.

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At January 1, 2018, Transit Developments owed First City Bank Group $600,000, under an 11% note with three years remaining to ma
VashaNatasha [74]

Answer:

interest payable   66,000

note payable      384,000

       Land                            325,000

       Gain on disposal         125,000

Explanation:

600,000 x 11% = 66,000 interest payable

the land is being used to settle the note along with the accrued interest at the time:

the accounting  of Transit developments record the land at cost: 325,000

as the market valuye is 450,000 so a gain for 125,000 will be recognize.

450,000 market value - 66,000 interest payable: 384,000 payment on the note principal

the entry will write-off the interest payable, decrease the note by that amount and recognize the land gain on disposal

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