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Brums [2.3K]
2 years ago
6

Identify two of Tumi Manufacturers complies with the

Business
1 answer:
Komok [63]2 years ago
5 0

Two of the laws that Tumi manufacturers comply with are

  • Labor laws
  • Environmental laws.

<h3>What is corporate social responsibility</h3>

This is the responsibility of an organization to the the area where they operate.

The manufacturers have to comply with the labor and the employment laws that have been set in the country that they operate.

Also one of their corporate responsibilities is to ensure safe practices that are safe and not harmful of our environment.

Read more on corporate social responsibility here: brainly.com/question/1373962

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What are the largest asset and the largest liability of a typical​ bank? A. Loans are the largest liability and deposits are the
Eddi Din [679]

Answer:

D. Loans are the largest assets and deposits are the largest liabilities

Explanation:

Banks represent financial institutions wherein customers can either save their money or borrow money. Banks ideally serve as an intermediary between borrowers and lenders.

Banks avail funds from the lenders who want to deposit and keep their money safe. Such depositors are paid an interest on the money deposited. Out of the pool of funds created through such deposits, a bank lends these funds to the borrowers who are in need at a rate higher than the rate it provides to it's depositors.

Thus, the money granted as loan to the borrowers by a bank represent it's largest assets, which it will receive in future. While deposits, which the bank has to return to the depositors upon demand, represent a bank's largest liabilities which it must meet.

5 0
3 years ago
An explanation for the slope of the LM curve is that as:
adoni [48]

Answer:

The correct answer is letter "C": Income rises, money demand rises, and a higher interest rate is required .

Explanation:

The Liquidity Preference-Money Supply (<em>LM</em>) shows the relationship between real output and interest rates. According to this approach, the slope of the LM is positive when an increase in interest rates pushes the increase in income. The money supply and demand must be equal for that purpose which implies the demand for money will have to increase as well. Thus, for the LM curve to be positive the interest rates, income, and demand for money must be higher.

5 0
3 years ago
The Penn Railways has a 7-year, 6.5 percent semiannual coupon bond outstanding with a $1,000 par value. The bond has a yield to
Nuetrik [128]

Answer:

The increase in yield to maturity from 5.5% to 7% will cause the price of the bond to fall from $ 1,057.46  to $ 972.70  

Explanation:

In order to ascertain the impact on the bond of a sudden increase in the yield to maturity from 5.5% to 7%, the present value of the bond, the current price is computed using yield of maturity of 5.5% and 7% respectively.

In calculating the present value, a discounting factor is used to state today's value of the future cash flows from the bond, given as 1/(1+r)^N, where r is the yield to maturity divided by 2 , in order to show that the bond is a semi-annual  interest paying bond.The fact that the bond is a semiannual one means interest would be paid 14 times( 7 years *2)

The present value is computed in the attached.

Download xlsx
3 0
3 years ago
The company employs a single employee who works all five weekdays and is paid for the workweek on the following Monday. The empl
irakobra [83]

The necessary journal entry is 4000$.

The journal entry is a document of a commercial enterprise transaction for your commercial enterprise books. In double-access bookkeeping, you make a minimum magazine entry for every transaction. because a transaction can create plenty of modifications in an enterprise, a bookkeeper tracks them all with magazine entries.

An instance of a journal entry includes the acquisition of machinery by u.s . where the machinery account may be debited, and the cash account may be credited. There are three primary forms of a journal entry: compound, adjusting, and reversing.

Journal entry layout is the usual format used in bookkeeping to keep a file of all of the agency's commercial enterprise transactions and is especially based totally on the double-entry bookkeeping device of accounting and ensures that the debit aspect and credit score facet are always equal.

Learn more about journal entries here: brainly.com/question/24696035

#SPJ4

7 0
1 year ago
Jack received a court award in a civil libel and slander suit against National Gossip. He received $120,000 for damages to his p
mars1129 [50]

Answer:

Jack must include in his gross income as a damage award: $270,000

Explanation:

$120,000 for damages to his professional reputation

$100,000 for damages to his personal reputation

$50,000 in punitive damages

Now , Sum them to get gross income as a damage award

= $120,000 + $100,000 + $50,000

= $270,000

5 0
3 years ago
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