1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ruslelena [56]
2 years ago
6

Why do businesses take financial cost into account other than social cost when making decisions.

Business
1 answer:
deff fn [24]2 years ago
7 0

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Why do businesses take financial costs into account other than social costs when making decisions.?

The reason why is because businesses are created to make profits. And financial costs directly impact sales, revenue, and profits. Any other consideration that does not directly affect the balance sheet or the bottom line, is not considered a priority and takes the back seat when business decisions are made.

On the other hand, the social cost should be important and it is, but not as important as the financial costs for the above-mentioned reasons.

Social costs are more on the side of the ethics of the managers or leaders of the organizations. And ethics and moral values are not a prominent thing to be considered in the decision-making process of modern corporations.

You might be interested in
Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative preferred 3% stock, $
vaieri [72.5K]

Answer and Explanation:

The computation of the dividend per share for each class of stock for four years are as follows

Preferred stock

= 25,000 shares × $25 × 3%

= $18,750

The dividend per share is

= $18,750 ÷ 25,000 shares

= $0.75

Now for the first year

= $7,250 ÷ 25,000

= $0.29

And the 0 is for Common  stockholders

For the second year  

Preferred stock  

=  $11,750 ÷ $25,000

= $0.47

And the 0 is for Common  stockholders

For the third year

Preferred  stock

= $0.46 + $0.28 + $0.75

= $1.49

And for the Common stockholders

= $27,900 ÷ 31,000  shares

= $0.9

For the fourth year

Preferred stock = $0.75

And, for the common stockholders

= $94,860 ÷ 31,000 shares

= $3.06

4 0
3 years ago
The three variables which affect saving money are:
larisa [96]
It would be B, amount,interest,and time. I hope this helps you!
5 0
3 years ago
Pronghorn Mining Company purchased land on February 1, 2020, at a cost of $856,800. It estimated that a total of 53,100 tons of
vitfil [10]

Answer:

A.20per ton

B.141,600

C.389,400

Explanation:

A.

($856,800+$97,200-$108,000+$216,000)/53,100 tons

=$1,062,000/53,100

= 20per ton

(b)

Resources removed totaled 26,550 tons

Less company sold 19,470 tons.

Balance 7,080 tons

Hence

Inventory 20*7,080

=141,600

(c)

20* 19,470 tons

=389,400

4 0
3 years ago
What kind of inhibitor is a transition state analog usually classified as?
Usimov [2.4K]
<span>An enzyme inhibitor are chemical compounds with a chemical structure that resembles the transition state of a substrate molecule in an enzyme-catalyzed chemical reaction. The inhibitor can be designed according to the determined transition state structures or intermediates.</span>
4 0
3 years ago
Rowan Company has four different categories of inventory. The quantity, cost, and market value for each of the inventory categor
luda_lava [24]

Answer:

The correct answer is that the valuation would decrease total assets and stockholders’ equity by $101.00

Explanation:

Item             Cost                      Market price            Impact

Quantity

1 220 $ 4.40  $ 4.60        no impact as cost is lower

2 130 $ 6.20  $ 6.00 ($6.20-$6.00)* 130=$26

3 100 $ 10.00  $ 9.25 ($10-$9.25)*100    =$75

4 25 $ 20.50  $ 25.00 No impact as cost is lower

The total reduction in the value of inventory as a result of adopting the lower of cost or market price valuation is $101 ($75+$26),hence decreases total assets by $101 and the stockholders' equity(retained earnings which is a component of stockholders' equity ) by the same amount

3 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose you own a successful bicycle repair business. why would you consider incorporating?
    13·1 answer
  • Can someone help me out with this answer?
    8·1 answer
  • Before the Internet, for many people the idea of purchasing many goods without physically seeing the goods or the seller would h
    8·2 answers
  • Nathan and Lucas own separate tree farms that produce timber. Both farms are the same size and have the same resources available
    12·2 answers
  • Bradley is watching an interesting TV program with a group of friends. During the commercial break, he is unable to concentrate
    9·1 answer
  • Braden is in the 12% marginal tax bracket with a taxable income of $36,000 for the year. In addition, Braden has a $500 long-ter
    10·1 answer
  • Nexis Corp. issues 1,000 shares of $15 par value common stock at $22 per share. When the transaction is recorded, credits are ma
    9·1 answer
  • In order to qualify as a REIT, A) at least 90% of the assets must be invested in real-estate related assets. B) a mortgage REIT
    15·1 answer
  • A family starts an education fund for their son Patrick when he is 8 years old, investing $500 on his eighth birthday, and incre
    14·1 answer
  • Swifty Corporation purchased a new machine on October 1, 2022, at a cost of $115,000. The company estimated that the machine wil
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!