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2 years ago

The ________ method adjusts net income to find net cash provided by operating activities.

Business

1 answer:

Vaselesa [24]2 years ago

4 0

Answer:

indirect

Explanation:

The indirect method adjusts net income to find net cash provided by operating activities.

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It is important for managers of corporations to act ethically ___________. (Select the best choice below.) A. because a viola

scZoUnD [109]

Answer: B. because it is important for a business to be trusted by investors, customer and the public if it is to succeed

Explanation: Ethics is defined as the set of moral principles and standards or judging whether something is right or wrong and as such, it is quite vital for managers of corporations, firms and businesses to act in an ethical manner. This is because it is important for a business to be trusted by investors, customer and the public if it is to succeed in both the short and long term.

7 0

3 years ago

Suppose Latasha comes into a large sum of money and decides to lend it out to earn interest on it. She realizes, however, that e

qwelly [4]

Answer:

moral hazard

Explanation:

Banks reduce the risk of moral hazard when they monitor and supervise how their clients are using the loans and credits made to them.

Some types of credits do not require any type of monitoring or control, e.g. a credit card which a client can use basically however he/she wants to. But other types of credit that are taken for purchasing assets, e.g. a mortgage, must be used by the bank's client to specifically carryout the intended activity.

In economics, moral hazard refers to the tendency that an economic party can engage in unusually risky activities because the capital (money) that they are investing is not theirs and the negative effects of a potential loss will be suffered most by other parties.

5 0

3 years ago

The definition of a business is:

kykrilka [37]

Answer:

a person's regular occupation, profession, or trade.

Explanation:

4 0

3 years ago

Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 36 cents per mil

Tom [10]

Solution and Explanation:

Step 1

Consider the given information:

Reimbursement = 36 cents per mile

Fixed cost per year = $2,052 minus 205200 cents

Direct variable cost = 14.4 cents per mile

Step 2

At the break-even point, total cost becomes equal to the total revenue.

Suppose it takes Q miles for ARto reach break-even.

Step1: Calculate the total cost of AR when the car cover Q miles, as shown below:

Total Cost = Fixed cost + Variable Cost

= 205,200 + 14.4 Q

Step 2 Calculate the total revenue (reimbursement) of AR when the car covers Q miles, as shown below:

Total Revenue = Reimbursement multiply with Total miles

= 36Q

Step 3: Calculate the break-even miles for the car, as shown below:

At break-even, Total cost = Total revenue

205,200 plus 14.4Q = 36Q

36Q minus 14.4Q = 205,200

21.6Q = 205,200

Q = 205,200 divide by 21.6

Q = 9,500 miles

Hence, AR should drive 9,500 miles to break-even.

5 0

3 years ago

The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2020 and 2019:

elena55 [62]

Answer:

$3,927

Explanation:

Bad debt expenses:

= Ending balance of allowance account + Write offs - Beginning balance of allowance account

= $11,944 + $9,191 - $17,208

= $3,927

Allowance for bad debt account

Particulars Amount Particulars Amount

Write offs $11,944 By balance b/d (beginning) $17,208

To balance c/d (ending) $9,191 Bad debt expense $3,927

Total $21,135 $21,135

Therefore, the amount of bad debts expense recognized for the year is $3,927.

7 0

3 years ago