<span>The Belmont Report is a report which summarizes all the research guidelines and the ethical principles that have to be followed while involving human subjects.
The 3 main principles include respect for persons, justice, and beneficence.
The Respect of persons is a principle where all the people deserve the right to exercise their autonomy. It is a kind of interaction in which an entity is able to make their choice.
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Answer:
Cash flow from operations = $1,518,000
Explanation:
As for the provided information, we have,
Operating Cash flow = Cash flow from Assets + Change in Net Working Capital + Net Capital Spending
Cash flow from Assets = Cash flow to creditors + Cash flow to stockholders
Cash flow to creditors = $160,000
Cash flow to stockholders = $65,000
Cash flow from assets = $160,000 + $65,000 = $225,000
Change in net working capital = - $67,000
Net Capital Spending = $1,360,000
Cash flow from operations = $225,000 + - $67,000 + $1,360,000
= $1,518,000
Answer:
The two factors that determine the form of ownership of a business are;
1. Start-up costs
2. Level of control desired
Explanation:
The form of ownership of a business defines the structure with which the business will be governed. There are different form of business ownership that exist, namely; sole proprietorship, partnerships and corporations. They all differ in different aspects as shown;
1. Sole proprietorship
A sole proprietorship as the name suggests is a business structure where there is only one owner. The owner is in charge of the business profits and liabilities. It is generally a simple business structure that needs a small company, where filing tax returns are very easy.
2. Partnerships
A partnership is a business structure where two or more parties come together to form a business. The parties are responsible for the profits depending on the amount contributed by each party. Each individual always pool their resources towards the successful completion of a given project therefor each party is liable for their own profits and risks.
3. Corporations
Corporation are similar in a way to partnerships since they involve two or more parties with the major difference being that a corporation is a separate legal entity. So the liability is always to the corporation itself and not to the parties that constitute the corporation.
Two factors that determine the form of ownership of the business are;
1. Start-up costs: if you intend to minimize the cost of starting up you business then a sole proprietorship is the best option due to its simplistic nature and very minimal start-up expenses.
2. Level of control desired: Depending on the level of control one would like to have in the business regarding decision making and the daily operations of the business. If one needs a larger level of control, the best option would be sole proprietorship, while minimal control would require a coorporation form of ownership.
Answer:
$7,200
Explanation:
The computation of the total manufacturing overhead assigned is shown below:
= ($168,640 + $127,840 + $554,400 + $1,078,000) ÷ $514,368
= 375% per direct-labor dollar.
Now
= $514,368 ÷ 8,037
= $64 per DL hour.
And,
= $64 × 30 direct labor hours
= $1920.
So,
Manufacturing overhead is
= 1920 × 375%
= $7,200