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bearhunter [10]
3 years ago
13

What does social responsibility mean to you personally? Do you think business organizations

Business
1 answer:
Veseljchak [2.6K]3 years ago
8 0

Answer: Social responsibility for me means contributing to the environment and if I believe that companies should be responsibly social.

Explanation: Social responsibility allows me to understand that being in the world is not simply to satisfy my needs but also to provide help to those who need it. A company with social responsibility is one that knows how its organization can negatively or positively affect the community in which it is located.

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Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:
aliina [53]

Answer:

Todrick Company

1. Contribution Format Income Statement:

Sales                                                               $ 405,000

Beginning merchandise inventory $ 27,000

Purchases                                      $ 270,000

Ending merchandise inventory       $ 13,500

Variable selling expense               $ 20,250

Variable administrative expense  $ 20,250

Total variable costs                                          324,000

Contribution margin                                        $ 81,000

Fixed selling expense                  $ 40,500

Fixed administrative expense      $ 16,200      56,700

Net operating income                                    $ 24,300

2. Traditional Format Income Statement:

Sales                                                               $ 405,000

Beginning merchandise inventory $ 27,000

Purchases                                      $ 270,000

Ending merchandise inventory       $ 13,500   283,500

Gross profit                                                         121,500

Variable selling expense               $ 20,250

Variable administrative expense  $ 20,250

Fixed selling expense                   $ 40,500

Fixed administrative expense      $ 16,200      97,200

Net operating income                                    $ 24,300

3. The selling price per unit = $405,000/1,000 = $405

4. The variable cost per unit = $324,000/1,000 = $324

5. The contribution margin per unit = $81,000/1,000 = $81

6. The contribution format income statement would be more useful to managers in estimating how net operating income will change in response to changes in unit sales.  The contribution format income statement helps in identifying the variable and fixed elements of costs.  Without this separation, it is not possible to estimate how this change responds to unit sales.

Explanation:

a) Data and Calculations:

Sales                                                               $ 405,000

Beginning merchandise inventory $ 27,000

Purchases                                      $ 270,000

Ending merchandise inventory       $ 13,500   283,500

                                                                            121,500

Variable selling expense               $ 20,250

Variable administrative expense  $ 20,250     40,500

Contribution margin                                        $ 81,000

Fixed selling expense                  $ 40,500

Fixed administrative expense      $ 16,200      56,700

Net operating income                                    $ 24,300

7 0
3 years ago
The CEO of TruTone Manufacturing tells her executive management team that the company must become more agile to stay competitive
fomenos

The statement "I believe that we need to organize around our primary strengths and expertise" complete part is: core capabilities.

<h3>What is core capabilities?</h3>

Core capabilities can defined as the ability to put into use the skills, knowledge you have developed so as to achieve your set goals and objectives.

A company or organization that want to have an a competitive advantage over other companies, the employers of that company must possess  core capabilities as this will enables them to stay competitve.

Inconclusion  the complete part of the given statement is: core capabilities.

Learn more about  core capabilities here:brainly.com/question/5804955

5 0
2 years ago
Personal Accents, Inc., (PAI) is a publicly held company that specializes in selling a variety of skin- and hair-care products.
Ilya [14]

Answer:

The answer is option “d” – selling PAI stock short.

Explanation : Short selling should be done only when the share prices are expected to fall. In this case PAI stocks are set to rise in a gradual manner and short selling will lead to losses.

8 0
3 years ago
__________ is a widely recognized professional society for persons interested in operations and supply chain management.
Fed [463]

APICS is a widely recognized professional society for persons interested in operations and supply chain management.

Association for Supply Chain Management is a not-for-profit international education organization offering certification programs, training tools, and networking opportunities to increase workplace performance.

APICS merged with the Supply-Chain Council in 2014, and the American Society of Transportation and Logistics in 2015.

Examples of certification : CPIM, CSCP etc.

Read more about Supply Chain Council here brainly.com/question/14325556

#SPJ4

4 0
1 year ago
Why is the International System of Units (SI) used by scientists all over the world?
borishaifa [10]

Answer:

It allows scientists from disparate regions to use a single standard in communicating scientific data without vocabulary confusion.

Explanation:

8 0
2 years ago
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