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iVinArrow [24]
3 years ago
9

In what ways did Skilling's involvement in unethical financial and accounting practices benefit stakeholders initially?

Business
1 answer:
Mila [183]3 years ago
7 0

Answer:

The given case relates to the movie Enron. In the movie, Jeffrey Skilling engineered transactions and falsely boosted stock values, allowing various stakeholders to earn higher returns at first. Arthur Anderson, the corporation's auditor, was involved in the investment fraud. Thus, initially to increase the share price the defaulters boosted their earnings.  

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A firm's unwillingness to alter how things are currently done is known as ______
jolli1 [7]

A firm's unwillingness to alter how things are currently done  <u>organic specialization insubordination inertia</u>

<h3>What is inertia?</h3>

When an object experiences inertia, it keeps moving in the same direction or at the same pace until another force changes it. Inertia, as used in Newton's first law of motion, is correctly understood as a shorthand for "the principle of inertia."

Newton presents his first law of motion after a few further definitions. Newton's Latin is directly translated into the word "perseveres" in this sentence. Modern textbooks frequently use less obnoxious words like "to b" or "to remain." The present application results from several modifications made by Euler, d'Alembert, and Newton to the original mechanics (as stated in the Principia).

To learn more about inertia from the given link;

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7 0
1 year ago
Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units that cost $
klio [65]

Answer:

C. $125,550

Explanation:

Given that

At beginning = 7200unit at $12 each

During = 3000unit at $13

= 12000 unit at $13.50

Sold = 12900 unit.

Therefore, USING FIFO

Unit sold

= (7200 × 12) + (3000 × 13) + (2700 × 13.50)

= 86400 + 39000 + 36450

= $161850.

Thus, inventory remaining

= (12000 - 2700) × 13.50

= 9300 × 13.50

= $ 125,550

Ending inventory = $125,550

7 0
3 years ago
To be effective, your goals must be balanced in the following areas:a. Career, Fun, Health, Relationship, Spiritualityb. Environ
sweet-ann [11.9K]

Answer:

Career , Financial , Health and Fitness, Relationships, Spirituality

Explanation:

Goals are what one plan to achieve within a specified period of time. Goal could be short term , usually one year or long term goal, which is more than a year. People that want to succeed must set goals because setting goal gives direction. When people set goals, it gives them the opportunity to work harder towards achieving that goal and also provides benchmark for determining if one is actually succeeding or on the right path.

People set goals on daily basis. The question is; how effective are those goals. It therefore means that for a goal to be effective, it must touch or cover the following areas ; career, financial, health and fitness, relationships, spirituality.

6 0
3 years ago
A portfolio of stocks may achieve diversification benefits if the stocks that comprise such portfolio are:____.
Vanyuwa [196]

A portfolio of stocks may achieve diversification benefits if the stocks that comprise such portfolio are not perfectly positively correlated.

A stock portfolio is a collection of stocks that are invested in with the hope of making a profit. By putting together a diverse portfolio that spans various sectors individual  will be able to become a more resilient investor.

This is  because if one sector takes a hit, the investments  held by you  in other sectors aren’t necessarily affected.

When assembling a stock portfolio, it’s important to have the organizational goals in mind beforehand. That way the  decision-making process is guided by reason as opposed to emotion.

To know more about stock portfolio here:

brainly.com/question/13463364

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4 0
2 years ago
Although there are some clear disadvantages associated with extending credit to customers, such as bad debt costs, most managers
WITCHER [35]

Answer:

The primary advantage they refer to is additional sales revenue.

Explanation:

Extending credit to customers is generally done through use of credit cards these days. This does allow the customers to buy goods and services on credit and pay later for those goods.

Offering credit is beneficial for both the shopkeepers or merchants and the buyers. Customers do not have to pay cash (as they can run out of cash at times), so they buy more and this increases the sales revenue for the merchants, which becomes the primary advantage for them and outweighs the costs.

5 0
3 years ago
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