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3 years ago

A fish cannot survive without water and a profession cannot exist without education. Justify this statement logically.

1 answer:

6 0

Water is the home of fish. If there won't be water then there won't be fish as fish can't survive without water. Similarly, education is like the water and profession is like the fish. Education makes a person skilled, trained, capable to perform a job. If someone tries to do a job without gaining some sort of education then it will be very hard for them to do that particular job properly. Education provides us knowledge and skill to perform any task in a job efficiently and effectively. Education helps to develop one's confidence, knowledge, skills and makes one ready to do any type of job. Education makes a direct contribution to the production of skilled manpower. So without education there won't be any profession.

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Marketing ethics is concerned with distinguishing between right and wrong actions and decisions that arise in a business setting

Likurg_2 [28]

Answer:

TRUE

Explanation:

Yes, it is very much true that marketing ethics is concerned with distinguishing between right and wrong actions and decisions that arise in a business setting. According to broad and well-established moral and ethical principles that might arise in a business setting, and any special duties or obligations that apply to persons engaged in commerce. In marketing ethics, companies try to work for the welfare and well-being of its customers as well, instead of not only focusing on the profits and sales. Community gets the benefit in larger extent when firms starts working for it by acting upon marketing ethics. Some people argue that marketing ethics is just a way to increase number of sales but in all cases, the larger community also get benefits from it.

6 0

3 years ago

On January 1, 20X6, Plus Corporation acquired 90 percent of Side Corporation for $180,000 cash. Side reported net income of $30,

LenKa [72]

Answer:

1) b) $25,000

2) d. $203,400

Explanation:

Ref Particulars Amount

a Fair value of entity 200,000

b Total value without patent 175,000

c=a-b Patent 25,000

Therefore, the increase in the fair value of patents held by Side is;

b) $25,000

Fair value of consideration given:

Ref Particulars Amount

Stock 0

Cash 180,000

a Total consideration 180,000

b Stake acquired 90%

c=a/b Fair value of subsidiary 200,000

d=100%-b Minority interest 10%

e=c*d Fair value of minority interest 20,000

On acquisition date

Value of subsidiary without patent

Common stock 100,000

Paid in capital -

Retained earnings 60,000

Fair value adjustment:

Patent -

Equipment 10,000

Land 5,000

Fair value without patent 175,000

Particulars Investment

Acquisition date 180,000

Add: share of net income 54,000

Less: Dividends 18,000

Less: Fair value amortization 12,600

Balance Jan 1, 20X8 203,400

{Share of earnings for 2 years = 30,000 × 2 × 90% = 54,000 }

{Share of dividends for 2 years = 10,000 × 2 × 90% = 18,000 }

{Fair value amortization for 2 years = 7,000 × 90% × 2 = 12,600}

Therefore Balance as at Jan 1, 20X8 is

d) $203,400

5 0

3 years ago

Marshall Company purchases a machine for $800,000. The machine has an estimated residual value of $40,000. The company expects t

jenyasd209 [6]

Answer:

$152,000

Explanation:

Depreciation expense = (Cost − Residual value) × (Actual production this period ÷ Estimated total production)

= ($800,000 − $40,000) × (400,000 units ÷ 2,000,000 units) = $152,000

7 0

3 years ago

Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts

insens350 [35]

Goodwin’s horizon value at the horizon date when the constant growth begins equals $38.7481 and the current intrinsic value equals $27.1393.

<h3>What is a horizon value?</h3>

This refer to the value of an asset beyond the forecasted period when future cash flows can be estimated

What is a current intrinsic value?

This refers to the current perceived or true value of an asset.

Therefore, the horizon value at the horizon date when the constant growth begins equals $38.7481 and the current intrinsic value equals $27.1393.

Note: The calculations leading to the final answer of horizon value and current intrinsic value is explained in the attached image.

A fish cannot survive without water and a profession cannot exist without education. Justify this statement logically.​

A fish cannot survive without water and a profession cannot exist without education. Justify this statement logically.