Answer:
1.True
Explanation:
Ethical principles include honesty, equality, respect for rights, integrity, and adherence to the law. Yes, these principles are also applicable to society, in general, because these qualities are key factors that affect professionals such as engineers as well as society as a whole. As an Unethical practice can lead to a company shutting down if the public ends up turning against, if we talk about society, an unethical person in the society also can harm the whole society.
Answer:
The accounts receivables turnover is 4.85 times
Explanation:
The accounts receivable turnover is a ratio to check the efficiency of the credit and collection department of a firm. It tells on average, how many time the business collects its average accounts receivables. The formula to calculate the accounts receivables turnover is,
Accounts Receivables turnover = Net Sales / Average Accounts receivables
Where,
Average Accounts Receivables = (Opening Accounts Receivables + Closing Accounts Receivables) / 2
The amount of closing accounts receivables for the year is,
Closing accounts receivables = 23500 + 199000 - 164000
Closing accounts receivables = $58500
Average accounts receivables = (23500 + 58500) / 2 = $41000
Accounts receivables turnover = 199000 / 41000 = 4.85 times
It is the federal loans given to students by the federal government. This loans are made directly for the students whereby interests are fixed over time.
Answer:
True
Explanation:
The answer to this question is true. The recording of assets is usually done at cost. This is equivalent to the value that was exchanged when the asset was sold. In a country like the United States for example, if an asset such as a land or machine gets to appreciate in value after a period of time, it is not usually revalued. Therefore the answer to this question is true.