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Bond [772]
3 years ago
13

What is a companys obligation to contribute to the sustainability of natural resources

Business
1 answer:
FrozenT [24]3 years ago
8 0

Answer:

Companies have a corporate social responsibility towards their environment.

Explanation:

Corporate social responsibility implies that companies are expected to engage in industrial practices that would not result in harm to their environment. For example, the amount of carbon being released into the environment must be controlled as excessive release of carbon can be detrimental to health. It is also not right for waste to be discharged into the oceans because the health of the sea animals, the ocean itself and those who swim in it are at risk.

To promote sustainability, companies avoid practices that would eventually harm their environment. Abiding by these practices might take a longer route, but is eventually cost effective and beneficial.

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Elizabeth is marketing a new type of picture frame that she invented. She has developed a full identity for the product and want
Tresset [83]

Answer:

Trademark.

Explanation:

Trademark is a type of intellectual property that involves use of a unique design to legally differentiate a product from others in the market. It shows a particular product belongs to a company.

Elizabeth should first of all get a trademark on her picture frames so that they will be legally protected from copying by others.

3 0
3 years ago
What is the inventory turnover ratio for ABC Corp. if cost of goods sold equals $5,000, current ratio equals 3, quick ratio equa
soldi70 [24.7K]

Answer:

Inventory turnover= 5.5 times

Explanation:

Current ratio is given as 3

Cost of goods sold = $5,000

Current assets = $1,800

Quick ratio= 1.5

Current ratio= current assets/ current liabilities

3= 1,800/ current liabilities

Current liabilities= 1,800/3

Current liabilities= $600

Quick ratio= Cash and Receivables/ Current liabilities

1.5= Cash and Receivables/600

Cash and Receivables= 600* 1.5= $900

Current asset= Cash and Receivables + Inventory

1,800= 900+ Inventory

Inventory= 1,800-900

Inventory= $900

Inventory turnover= Cost of goods sold/ Inventory

Inventory turnover= 5,000/900

Inventory turnover= 5.5 times

6 0
3 years ago
A trader enters into a one-year short contract to sell an asset for $60 when the spot price is $58. The spot price in one year p
Dima020 [189]

Answer:

$3 loss

Explanation:

Given that

Selling value of an asset = $60

Spot price at that time = $58

The Spot price in one year = $63

So, the now the gain or loss for one year would be

= Selling value of an asset - Spot price in one year

= $60 - $63

= $3 loss

Since we have to find out for one year so we considered the price for one year i.e selling price and the spot price            

8 0
3 years ago
This is my mom channel please subscribe​
steposvetlana [31]
Okay hahahahahahaahha
5 0
3 years ago
Read 2 more answers
White Company is a consulting firm and applies indirect overhead costs based on billing hours. The firm expects to have $102,000
Allisa [31]

Answer:

predetermined overhead allocation rate is 12 per direct labor hour

Explanation:

given data

indirect costs = $102000

labor time = 8500 hours

cost of labor = $60 per hour

to find out

predetermined overhead allocation rate

solution

we find here predetermined overhead allocation rate by given formula that is

predetermined overhead allocation rate = indirect costs / labor time   .............1

put here value in equation 1 to get rate

predetermined overhead allocation rate = indirect costs / labor time

predetermined overhead allocation rate = 102000 / 8500

predetermined overhead allocation rate = 12

so predetermined overhead allocation rate is 12 per direct labor hour

7 0
3 years ago
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