Jacob, CEO of a corporation, believes that his company must use its power responsibly in society or risk losing it. Jacob is utilizing an Ethical rationale for valuing social responsibility. Thus the correct answer is C.
<h3>What is Ethical responsibility?</h3>
The capacity to understand, evaluate, and behave in conformity with a variety of moral teachings and norms within a certain industry or situation is known as ethical responsibility.
The ethical responsibility aims to deal with those concerns and challenges relating to business people's devotion to their companies and to their clients. In this case, Jacob the CEO is also doing the same.
Therefore, option C is appropriate.
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"Your question is incomplete, probably the complete question/missing part is:"
Jacob, CEO of AI Corporation, believes that his company must use its power responsibly in society or risk losing it. Jacob is utilizing which rationale for valuing social responsibility?
A. Pragmatic
B. Regulatory
C. Ethical
D. Philanthropic
Answer and Explanation:
The computation of the MIRR is shown below:
But before that terminal cash flow required to calculate
<u>
Year Cash Flows FV Factor Formula Terminal Value
</u>
<u> (Cash Flow × FV Factor) </u>
0 ($1,000)
1 $450 1.21 (1 +10%)^(2) $545
2 $450 1.1 (1 + 10%)^(1) $495
3 $450 1 1 $450
Terminal Cash Flow $1,490
now the MIRR is
= 14.22%
As it can be seen that the MIRR is more than the WACC so the project should be accepted.
Answer:
Equilibrium quantity will increase; Equilibrium price is ambiguous.
Explanation:
If the government removes a tax on the production of beer then as a result the producers of beer will increase their production level and this will increase the supply of beer in an economy. Therefore, there is a rightward shift in the supply curve of beer.
Simultaneously, the students are ready to party in the new quarter which indicates that the demand for beer increases. This will shift the demand curve for beer rightwards.
As a result of these shift in the demand curve and in the supply curve of beer, the equilibrium quantity of beer increases and the effect on equilibrium price of beer is ambiguous because that will be dependent upon the magnitude of the shift in the demand and supply curve.
Answer:
$90,000
Explanation:
We could allocate assembly overhead on the basis of the parts used in the assembly process:
wheels ⇒ 300,000 x 2 parts = 600,000 parts
<u>seats ⇒ 600,000 x 3 parts = 1,800,000 parts</u>
total parts assembled 2,400,000 parts
overhead costs per part assembled = $360,000 / 2,400,000 parts = $0.15 per part
so the overhead allocated to wheels should be = 600,000 parts x $0.15 per part = $90,000