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Nostrana [21]
3 years ago
12

For some time now, GlaxoSmithKline (GSK), a pharmaceutical company, has been making anti-AIDS drugs available in underprivileged

areas of Africa at up to 75% less than the global price. By providing the drugs at a lower cost, GSK is fulfilling its _____.
Business
1 answer:
Charra [1.4K]3 years ago
7 0

Answer:

Discretionary responsibility

Explanation:

Discretionary responsibility refers to a voluntary decision of a company to make a contribution to the society that it is not required to do and it is beyond the expectations to help the community. According to this, the answer is that by providing the drugs at a lower cost, GSK is fulfilling its discretionary responsability because the company is going beyond its obligations and it is contributing to society by making anti-AIDS drugs available at up to 75% less than the global price.

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Amanda Winter worked as a public engagement coordinator at Safe Food Alliance until three months ago when her manager, Laura Mor
arlik [135]

Answer:

Option D is the correct answer to this question.

Explanation:

Laura sat in on only one of Amanda's presentations before giving her the promotion.

They were made by hand before slides were mounted on computers. Designing a PowerPoint presentation took several hours and though it was costly. Presentations were illustrated back then people with devices such as journal flip charts and computer monitors, but these have been used in schools and conference rooms worldwide.

Other options are incorrect because they are not related to the given scenario.

6 0
3 years ago
Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th
nydimaria [60]

Answer:

Journal entry to record depletion expense

Depreciation expense $280,000 (debit)

Accumulated depreciation $280,000 (credit)

Explanation:

The coal mine is an economic resource controlled (ownership of risks and benefits) by Last year, Mountain Top, Inc as a result of past event (purchase transaction) from which economic benefits are expected to flow into the business (cash from sale of minerals).Therefore the coal mine is an asset!

The asset is being depleted as it is being used. This is called depreciation.

Depreciation expense in this case is calculated as :

Depreciable Account × Current harvest as a percentage of total estimated tons available

(900000-100000)× 70000/200000 = $280,000

6 0
3 years ago
Jeff works as a computer repair technician
lubasha [3.4K]
The answer to the question above as to what types of income does Jeff have if he works as a computer repair technician and he has money in a savings account and he owns some stock as an investment, Jeff gains his income through salary from his job as a repair technician, interest in the savings account and dividend in the stocks.
7 0
3 years ago
Read 2 more answers
Your company currently has $ 1 comma 000 ​par, 6 % coupon bonds with 10 years to maturity and a price of $ 1 comma 078. If you w
Stella [2.4K]

Answer:

The next  coupon rate that is needed to​ set is 5.00%

Explanation:

Solution

Recall that:

Your company presently has =$1,000 par

Coupon bonds = 6%

Maturity = 10 years

The next step is to find the coupon rate that is needed or required to set.

Now,

The number of semi annuals to maturity, NPER =  (10 YEARS * 2)= 20

Semiannual coupon payments, PMT = ($1000 * 6%/2) = $30

The current selling price per bond  (FV) = $1078

The maturity value at the end is = $1000

The semiannual compound type, = 0 (It is 0 if compounded at the end of each semiannual and is 1 if compounded at the start of each semiannual)

Semi annual interest rate is = 2.5%

Thus,

The number of semi annuals in a year is = 2

The annual coupon rate of bonds (new) = 2/50 % * 2

= 5.00%

It is important to note that the semi annual coupon rate is computed suing the excel function rate (nper, pmt, pv,  fv, type),

Whereby

PV =1078

NPR = 20

PMT =30

FV = 1000

TYPE = 0.

3 0
3 years ago
Singing Fish Fine Foods has a current annual cash dividend policy of ​$2.00. The price of the stock is set to yield a return of
rodikova [14]

Answer:

Following is attached the solution or the question given.

I hope it will help you a lot!

Explanation:

Formulas for calculation are mentioned in D column. By simply putting '=' sign they will calculate the answer as given in column C.

5 0
3 years ago
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