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2 years ago

If an organization with a corporate social responsibility (CSR) strategy is faced with heavy losses, it will______.

Business

1 answer:

damaskus [11]2 years ago

6 0

The organization will continue to try to balance profit and social goals.

The primary reasons why companies are in business is to make profit. However, a company must be responsible in terms of performing corporate social responsibility to the community where it operates.

Contributing to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented is what is meant by corporate social responsibility.

However, where an organization is faced with heavy losses, it must continue to balance profit and social goals. When the company makes profit, then salaries will be paid, social goals will be fulfilled.

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In January, Knox Company requisitions raw materials for production as follows: Job 1 $936, Job 2 $1,690, Job 3 $767, and general

oksano4ka [1.4K]

Answer:

Materials used in production go to Work in Process so;

= 936 + 1,690 + 767

= $3,393

The materials used in the general factory will go to Manufacturing Overhead.

Date Debit Credit

Jan 31 Work in Process $3,393

Manufacturing Overhead $ 667

Raw Materials Inventory $4,060

5 0

2 years ago

Which of the following items would require an adjusting entry at the end of each accounting period? a.Vacation pay earned by emp

nignag [31]

Answer: a.Vacation pay earned by employees

Explanation: Adjusting entries refers to journal entry made to ensure that some financial activity is assigned to the posting period in which the activity occurred. Their main purpose is to match incomes and expenses to appropriate accounting periods. They are made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

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2 years ago

Vint and Gracie are married and will file a joint tax return. For 2020, their modified adjusted gross income was $110,000. Graci

masya89 [10]

The amount that Vint and Gracie can claim for 2020 lifetime learning credit is D. $600.

Explanation:

Joint Modified Adjusted Gross Income for 2020 = $110,000

Tuition for the fall semester paid by Gracie = $3,000

Limit placed on lifetime learning credit = $2,000

Rate of lifetime learning credit = 20% of the first $10,000

Allowed lifetime learning credit = $600 ($3,000 x 20%)

Answer Options:

A. $0

B. $200

C. $400

D. $600

Thus, the amount that the couple can claim for 2020 lifetime learning credit is D. $600.

Learn more: brainly.com/question/14263483

7 0

2 years ago

Q 8.2: On June 15th, Buehler Company sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20th, Chaz C

densk [106]

Answer:

The amount received in cash is $686

Explanation:

The amount which is received in cash is computed as:

On June 20, the amount of $300 goods returns from customer, so the remaining balance is

= $1,000 - $300

= $700

On the remaining balance, the discount which is evaluated as the payment is received within the discount period which is June 24. So,

= $700 x (100% - 2%)

= $ 700 x 98%

= $ 686

5 0

2 years ago

A company uses 2,500 per year of a certain subassembly that has an annual holding cost of $40 per unit. Each order placed costs

garri49 [273]

Answer:

a. 136.93 units

b. $2,783.60

c. $2,783.63

d. 60 units

Explanation:

a. The computation of the economic order quantity is shown below:

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

$= \sqrt{\frac{2\times \text{2,500}\times \text{\$150}}{\text{\$40}}}$

= 136.93 units

b. The annual holding cost is

= Economic order quantity ÷ 2 × holding cost per order

= 136.93 units ÷ 2 × $40

= $2,738.60

c. The annual ordering cost is

= Annual demand ÷ economic order quantity × ordering cost per order

= $2,500 ÷ 136.93 units × $150

= $2,738.63

d. The reorder point is

= Demand × lead time + safety stock

where, Demand equal to

= Expected demand ÷ total number of days in a year

= 2,500 ÷ 250 days

= 10

So, the reorder point would be

= 10 × 6 + $0

= 60 units

We simply applied the above formulas

6 0

2 years ago