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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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The Sand Cruiser is a takeout food store at a popular beachside resort. Teresa Texton, owner of the Sand Cruiser, was deciding h
Vanyuwa [196]

Answer: $6.2

Explanation: Contribution margin is the amount of revenue left after paying for the variable cost, it can be formulated as follows :-

contribution =  sales - variable cost

In case of Limeade:-

sale price = $22.10

Variable cost = $15.90

so, putting the values into equation we get :-

contribution per foot = $22.10 - $15.9 = $6.2

5 0
3 years ago
Investment can be increased both by reducing taxes on private saving and by reducing the government budget deficit.
Romashka [77]

Answer:

1. Increasing

2. A. The elasticity of private saving with respect to the after-tax real interest rate

B. The response of private saving to changes in the government budget deficit

C. The elasticity of investment with respect to the interest rate

Explanation:

1. It is difficult to implement both of these policies at the same time because reducing taxes on private spending has the effect of <u><em>Increasing</em></u> the government budget deficit.

A Government budget deficit is acquired when the government spends more than it earns. The Government earns money from taxes and if it spends more than it receives in taxes, that will lead to a deficit. If taxes on Private spending are reduced, this will lead to less tax revenue for the government thereby increasing the Deficit.

2. All of the listed options are useful in determining which policy would be a more effective way to raise investment.

The elasticity of private saving with respect to the after-tax real interest rate refers to how much private saving changes in reaction to a change in the tax rates. This can enable one decide how much investment will be expected if the Government reduces or increases taxes.

The response of private saving to changes in the government budget deficit is also a useful factor to look at because private savings reduce when government deficits reduce.

Also how much does investment change by due to interest rates. This will be important to note in terms of Private Investment to see if it will be beneficial to use it over reducing the government budget deficit given a certain interest rate.

7 0
3 years ago
A thesis statement should be clearly stated and narrowly focused. True False
dolphi86 [110]

A thesis statement should be clearly stated and narrowly focused. False

5 0
3 years ago
Read 2 more answers
One of the main implications of the four-drive theory is that: employers should give all employees the same employee benefits. e
Vitek1552 [10]

Answer: Employers should offer employees enough opportunity to keep each of their drives in balance.

Explanation:

The Four-Drive Theory is a way of improving Employee motivation through more ways than just financial incentives. It is believed that all four factors are very integral in the motivation of employees and so managers would do well to implement them to get the best out of their employees.

The Four drives are, <em>Acquire and Achieve</em>, <em>Bond and Belong</em>, <em>Create and Challenge</em> and <em>Define and Defend</em>.

A key recommendation by the proponents of this theory is that Managers should not give their employees too little or too much opportunity to follow each drive but rather give them enough opportunity that they keep each drive balanced with the others.

3 0
3 years ago
Cash to Monthly Cash Expenses Ratio Capstone Turbine Corporation produces and sells turbine generators for such applications as
Andrej [43]

Answer:

a) $1,918.17

b) 16.8 months

C) Yes, Capstone Turbine will remain in business.

Explanation:

a) To find the monthly cash expenses, we have:

Monthly cash expenses = negative cash flow from operations / 12

= 23018 / 12

= $1,918.17

b) To find the ratio of cash to monthly cash expenses, we have:

Ratio of cash to monthly cash expenses = Year end cash / monthly cash expenses

= $32,221 / $1,918.17

= 16.797

≈ 16.8 months

c) Yes, Capstone Turbine will remain in business because the calculated ratio above shows that they have cash to continue operations for approximately 16.8 months.

6 0
3 years ago
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