Joe Girard's Law of ________ states that just a few unhappy customers can keep a great many other customers away from your business.a. 200b. 250c. Sales

Answer:

B) land grants

Explanation:

The national government helped to finance transcontinental railroad construction in the late nineteenth using land grants.

Answer:

102.47 and 20

Explanation:

What is economic order quantity?

EOQ or the economic order quantity is the level of inventory which is the most optimal level for reducing inventory costs. It assumes that the supplier will supply as and when required and follows a just in time policy.

Now that we are familiar with the concept, let's recall the formula:

EOQ= SQRT( 2* D *k /h)

D - Annual demand, which is 700

k - Replenishment cost, which is $15

h - holding cost, which is 10% of inventory value = 0.1 × $20 = $2

So, EOQ = SQRT(2 * 700 * 15/2) = 102.47 units

Reorder point  = daily demand * lead time + safety stock = 700/365*5+10=20 Units

Final answer:

The Economic Order Quantity (EOQ) for the power cutter at ABC Hardware store is approximately 190 units per order, and the reorder point, considering lead time and safety stock, is 20 units.

Explanation:

To calculate the Economic Order Quantity (EOQ) and the reorder point for the power cutter at ABC Hardware store, we will use the EOQ formula and take into consideration the lead time and safety stock for accurately defining the reorder point. The formula for EOQ is {(√2DS)/H}\), where D is the annual demand, S is the replenishment cost per order, and H is the annual holding cost per unit. In this case, D=700 units, S=$15, and H=10% of $20 (cost per unit) equating to $2.

The EOQ formula yields√{(2*700*15)/2}\), which simplifies to approximately 190 units per order. For the reorder point, considering a lead time of 5 days and a daily demand of 2 units (700 units/350 days), we calculate the lead time demand as 10 units (5 days * 2 units/day) plus the safety stock of 10 units, leading to a total of 20 units as the reorder point.

Answer:

D. increases, and the labor-force participation rate is unaffected.

Explanation:

When the students pass out from a university or high school and are looking for a job but unable to get a suitable one will definitely increase the unemployment rate but since Sirius has not yet started working so labor-force participation rate will be unaffected by his unemployment. There will be no effect on the labor-force participation rate but unemployment rate will increase.

Answer:

A. People coordinate their activities, resulting in equilibrium in the market.

Explanation:

Adam Smith - a proponent of  Capitalist Economy 'Laissez Faire' i.e free markets proposed that :

Un-intervened (by govt) Markets guided by self interest create more wealth & over all socio economic welfare. Any disequilibrium will be sorted by undisturbed market forces, any government intervention is distortionary.

Answer:

Roles and public groups

Explanation:

A public group is a collection of individual users, other groups, individual roles, and/or roles with their subordinates that all have a function in common.

Answer:

90 percent

Explanation:

Given that,

Selling price per unit = $20

Variable costs per unit = $2

Total fixed cost = $10,000

Contribution margin = Selling price per unit - Variable cost per unit

                                  = $20 - $2

                                  = $18

Contribution margin​ ratio:

= (Contribution margin ÷ Selling price) × 100

= ($18 ÷ $20) × 100

= 0.9 × 100

= 90 percent.

Therefore, the contribution margin ratio is 90%.

Answer:

Explanation:bvcx

Answer:

If interest rates are positive the present value of a future lump sum of $100 will be less than $100. The reason for this is that because the interest rate is positive this $100 will be discounted  by the interest rate and number of years and so the present value will be less than the future lump sum value. We can see this in an example. If we assume that the future lump sum payment will be made 1 year from now and the interest rate is 5% we will discount the $100 by 5% to find the present value.

Present value = 100/1.05=95.23, This proves that when interest rates are positive the present value will be less than the future value.

Explanation:

If interest rates are positive, the present value of a future lump sum of $100 will be less than $100.

If the interest rates are positive, the present value of a future lump sum of $100 will be less than $100. This is because positive interest rates indicate that there is a cost associated with borrowing or a return on investment. When calculating present value, we discount future cash flows to reflect the time value of money. The discounting process considers the interest rates and the time period involved. As interest rates increase, the present value of a future cash flow decreases. Therefore, the present value of a $100 lump sum will be less than $100 when interest rates are positive.

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Answer:

The net income for the year is $ 69,000.

Explanation:

This question requires us to find net income for the year. The equity in balance sheet comprises of common stock, reserves and retain earning etc. So net income will be determine in the following way

Opening equity +addition in equity + net income = closing equity + dividend

120,000 + 18,000 + net income = 195,000 + 12,000

Net income = $ 69,000

Net income is the sum total of a company's income, less the cost of goods sold, expenses, taxes, and other costs. In this specific case, we used the company's stockholders' equity information to calculate a net income of $69,000 for the year.

The subject matter of the question relates to financial accounting, specifically about the calculation of net income when given stockholders' equity information. The net income in this scenario can be calculated using this equation: Ending stockholders' equity = Beginning stockholders' equity + Net income - Dividends + Additional capital stock. Hence, the net income, can be calculated by rearranging this equation as follows: Net income = Ending stockholders' equity - Beginning stockholders' equity - Additional issurances of capital stock + Dividends. When we substitute the numbers from the given problem into this equation, we get: Net income = $195,000 - $120,000 - $18,000 + $12,000. Therefore, the net income for the year was $69,000.

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Answer:

d. Enablers

Explanation:

This is a manager that will not micromanage things, as long as the employees follow the requirements(this is where the phrase comes on).

For example, in the NFL, Bill Bellichick may call the plays, but also let Tom Brady audible(change the play) at the line of scrimmage. This enables his players.

So the correct answer is:

d. Enablers

Answer:

The correct answer is the option A: only Contractor A is correct.

Explanation:

To begin with, the design phase regarding a construction project involves the convertion of the idea and instructions into a creatable plan. Furthermore, this design stage counts with common but fundamental stages itself as well, including the schematic design, the design development, the construction documents and the construction administration.

Secondly, the shematic design is the first stage of the design phase for a construction project and it requires to understand what the client is looking for and to translate ideas into concepts.

Finally, the development design is the second stage of the design phase for a construction project and it involves many modifications to the original idea and also the approval of the conceptual design by the client in order to move forward to the next stage.

"The correct statement is A) Only Contractor A is correct.

In the design phase of a construction project, there are typically several stages. The schematic design stage is usually the first stage, where the project's conceptual design is developed. This is followed by the design development (DD) stage, where the design is refined and more detailed drawings and specifications are prepared. The approval of the completed DD documents by the owner indeed occurs during the design development stage, as stated by Contractor A.

The schematic design stage is not the last stage; it is followed by the design development stage and then the construction documents stage, where the final detailed drawings and specifications are prepared for construction. Therefore, Contractor B's statement that the schematic design stage is the last stage is incorrect.

Hence, only Contractor A's statement is correct, and the approval of the completed DD documents by the owner occurs during the design development stage, not during the schematic design stage as incorrectly stated by Contractor B."

Answer:

Fifo means First in First out

                                                    CP                      SP

S # 1012 June 1           DVD           $113                 $161

S# 1045  Nov 1           DVD             $ 95               $ 161

Ss # 1056  Nov 30    DVD               $ 88               $ 161

Cost of Goods Sold ( using FIFO)   = $ 113+ $ 95=  $ 208

Weighted average method = Opening inventory +  Purchases (amount)/ Units

Weighted Average Method  CGS=  $ 296/3= $ 98.6= $ 99

The specific identification method would allow to record the prices individually. this method is better in this scenario because the balance sheet would record only the left out balance . the item is removed immediately as soon as the item is sold.

To minimise earnings FIFO is used because the inventory at the beginning has more cost price

To maximise earning LIFO is used because the inventory at the end has less cost price.

I recommend LIFO and specific identification method as both would get desired results. LIFO would give maximum profit and specific would be better in meeting the customers specific needs

Using the FIFO method, Marzion's cost of goods sold would be $208. If Marzion wishes to minimize earnings, it should use the specific identification method and sell the DVDs costing $208, and if it wishes to maximize earnings, it should sell the DVDs costing $183. The choice of inventory method should depend on the company strategy and objectives.

Using the FIFO (First-In, First-Out) periodic inventory method, Marzion Electronics would first sell the DVD players which were acquired earlier. Thus, the cost of goods sold would be the cost of the DVDs purchased on June 1 and November 1, which is $113 + $95 = $208.

With the Specific Identification method, Marzion Electronics could choose which DVD players to sell to influence their earnings. If Marzion wanted to minimize earnings, it would sell the DVD players that cost more to purchase (as higher cost of goods sold decreases earnings), meaning the DVDs with serial #1012 and #1045 totaling $208. To maximize earnings, it would sell the players that cost less, i.e., serial #1045 and #1056, with a total cost of $95 + $88 = $183.

The decision on which inventory method to use depends on the company's objectives. If Marzion wants more control over cost of goods sold and earnings, the specific identification method might be more suitable. However, for simplicity and consistency, many businesses prefer the FIFO method.

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Data on total employment can be a good indicator of whether the economy is currently in a recession. This kind of data is called a lagging economic indicator. Similarly, data on recent interest rates can be a good indicator of whether the economy was recently in a recession. This kind of data is called a coincident economic indicator.

Data on total employment is referred to as a trailing economic indicator since it can be a useful tool for determining if the economy is now experiencing a recession.

Economic measures known as lagging indicators typically alter only after the entire economy has changed. They support long-term patterns and aid in determining the state of the economy as a whole.

A coincident economic indicator is information on how long people have been out of work, which can be a useful sign of whether the economy has just had a recession.

Coincident indicators adjust along with the state of the economy. They offer insight into the economy's present condition and are frequently used to assess its performance right now.

Learn more about economic indicators here:

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Your complete question was as follows:

Data on total employment can be a good indicator of whether the economy is currently in a recession. This kind of data is called a________ economic indicator Similarly, data on how long people have been unemployed can be a good indicator of whether the economy was recently in a recession. This kind of data is called an_________ economic indicator.

Total employment data is a lagging indicator revealing economic conditions following changes. Recent interest rate data is a leading indicator offering insight into probable future economic movement.

In the realm of economics, data on total employment and data on recent interest rates serve as two separate kinds of economic indicators that give us information about the state of the economy at different points in time. Data on total employment, which might change due to shifts in the economy, is an example of a lagging indicator—it provides evidence about the state of the economy after changes have occurred. This is because employment levels typically respond to changes in the economy after they happen. On the other hand, data on recent interest rates is a leading indicator, giving clues about the future direction of the economy. Interest rates often change before the economy as a whole does, so they can provide early signs of upcoming economic changes.

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Answer:

Fixed Deposit Account

Explanation:

Commercial Banks perform this crucial role of accepting deposits & advancing loans.

3 Types of Deposits :

Current Account - Used by businesses, has liberal depositing & withdrawal rules for payments & receipts, negligible interest by bank (rather bank charges for their service).

Savings Account - Used by households, for normal savings, has deposit & withdrawal rules less free than current account, moderate interest rate by bank.

Fixed Deposit Account - Used for Long Term savings, strict withdrawal rules before maturity (interest lost if withdrawn), high interest rate & money growth.

So, If need is to save money foe long period & letting it grow meanwhile, Fixed Deposit Account is a suitable Account.

Answer:

The correct answer is letter "C": high on self-monitoring.

Explanation:

American psychologist Mark Snyder proposed the self-monitoring scale to explain how much people measure their behavior and affective demonstrations in front of others. Self-monitoring is the ability individuals have to evaluate their behavior to provide a good impression to others.

Thus, Sophie would score high in a self-monitoring test.

Final answer:

Sophie would likely score high on a scale measuring sensitivity and psychological well-being, as her tendencies match those of a rhetorically sensitive and highly sensitive person who tactfully adapts to social situations and shows concern for the perceptions of others.

Explanation:

Based on the information provided, Sophie would likely score high in terms of sensitivity and psychological resources and strengths. Sophie's concern with what others think of her, careful control of emotional expression, and tactful adaptation to different social situations indicate a high degree of sensitivity and self-consciousness. These traits align with that of a rhetorically sensitive person, who takes care to understand their audience and adapts their communication accordingly.

Sophie's behavioral traits suggest that she is highly affected by her environment, likely to experience a range of emotions strongly, and may worry a lot about others' perceptions. Therefore, on a scale where a high score represents attributes such as worrying, temperamental, self-pitying, self-conscious, emotional, and vulnerable, Sophie would likely land on the higher end. Given these aspects, Sophie displays signs of being a highly sensitive person.

It is also worth mentioning that adapting to others can indicate strong social relationships, which are part of the scoring for psychological well-being. Sophie's capability to adapt her interactions for the betterment of social settings can also be seen as contributing to the happiness and well-being of others, which forms part of the scoring for high psychological well-being.

Answer:

The correct answer is: self-actualization.

Explanation:

American psychologist Abraham Maslow (1908-1970) proposed the hierarchy of needs -usually portrayed in a pyramid to explain- humans face different needs but the most basic must be satisfied so they can pursuit ti satisfy other less necessary desires. According to Maslow, those needs are divided into five (5) categories: Physiological needs, safety needs, love and belonging, esteem, and self-actualization.

Self-actualization is at the top of the pyramid and this need arises when individuals have the desire to become the most that one can be. Just like in Robert's case. He has fulfilled his career goals so he decides to retire and contribute to the education of underprivileged children.

Answer:

firms that lay off staff can see a significant reduction in the performance of their remaining workers, according to our experimental study. our research suggests that firms that decide to ‘downsize’ their workforce should be wary of how the layoff decision is perceived by the remaining (“surviving”) workers. if the surviving staff interpret the decision as a way to boost profits at the cost of the workers, they might react negatively.

lay-offs are an integral part of dynamic economies. for example, in germany at least one large firm announces cuts of at least 800 jobs on each third working day of the year. lay-offs impose massive costs on the displaced workers, the regional economy and social insurances. hence, it is no surprise that layoffs are often discussed controversially in the general public and the media, and receive a lot of attention by scholars and practitioners.

from the firm’s perspective, the benefits of lay-offs seem to be obvious – in particular, labor costs and organisational slack can be reduced. firms considering laying off workers have to weigh these benefits with potential costs. some types of costs (e.g. severance payments) are more or less calculable in advance, while other costs are ex ante hard to estimate. in particular, there may be substantial costs associated with a decrease in the motivation of the workers who stay in firms after lay-offs – a phenomenon called ‘survivor syndrome’.

we set up a lab experiment with 400 students at the goethe-university frankfurt to study how non-fired employees respond to an employer’s

decision to fire a co-worker. in our experiment, employees work for an employer whose payoff depends on the employees’ performance in a real-effort task. subsequently, the employer is provided with an incentive to layoff one of her/his employees. after her/his decision for or against firing, the remaining employees continue to work for the employer.

to analyse whether the remaining employees’ performance is driven by the employer’s decision to layoff an employee or its implementation, we conduct a control treatment in which it is randomly decided whether an employee is fired or not.

we find that survivors reduce their performance substantially in response to the employer’s decision to lay off a co-worker. the reduction is strongest for survivors who interpret the employer’s decision as a method to increase profits at the cost of the workers; it is weaker if they can comprehend the layoff decision, and it vanishes (in the control treatment) if the employer is forced to fire a co-worker. it seems that the survivors in our experiment perceive an employer’s decision to lay off a co-worker as a signal that she does not expect them to perform well or cares more about her/his own payoff than the well-being of the employees. our results suggest that this negative signal leads to a decrease in employees’ performance.

our experimental results imply that firms deciding in favour of layoffs should be wary about how their decision is perceived by their workforce. in firms laying off workers, one can observe a number of business practices that are puzzling at first glance. our study can provide one potential explanations for these practices.

first, firms often use natural fluctuations to reduce the level of staffing instead of firing workers. the existence of such a policy is quite surprising – firms can more rapidly adjust their labor force by simply firing some workers. one potential explanation for this business practice could be that firms try to mitigate the survivor syndrome.

a second fact is that firms laying off workers often claim that they have “no choice”. a rational for this communication strategy could be that firms try to prevent that employees perceive the employer’s layoff decision as an attempt to increase profits at the cost of the workers. it is, however, an open question whether employees really believe management’s declaration. one way to verify declarations could be a strong cooperation with the works council.

third, research has shown that top management turnover is higher after downsizing. one explanation for this phenomenon could be that firms try to limit the negative impact of the lay-off decision by separating from the management with the lay-off history. after the separation, the new management can blame the predecessors.

a fourth fact is that firms that are downsizing often provide outplacement services for the leavers, and make financial offers for voluntary leavers (even if these offers are quite expensive and, because of their better outside options, the more able workers who separate). a rational for such business practices could be that firms try to attenuate the negative signal of the lay-off decision by the provision of positive signals.

Explanation:

1. The need for auditors to consider their financial relationships with prospective clients.  - responsibilities

2. An auditor has raised some question with respect to management’s response to various inquiries concerning pending litigation facing the client.  - responsibilities

3. The auditors’ consideration of the effectiveness of the entity’s internal control on the nature, timing, and extent of substantive procedures.  - performance

4. The auditing’ evolution of the magnitude of a misstatement that would impact perceptions of the entity’s profitability.  -performance

5. The auditors’ issuance of a disclaimer of opinion because of a significant scope limitation.   -reporting

6. Relevant education and experience requirement to provide absolute assurance with respect to profession.  - responsibilities

7. The inability of an audit examination of provide absolute assurance with respect to detecting all material misstatements.  -performance

8. The requirement that auditors possess the skills and knowledge of others in their profession.  - responsibilities

9. The preparation of a written audit plan that guides the conduct of the audit engagement.  -performance

10. The auditors’ issuance of a qualified opinion because of a departure from GAAP. -reporting

Answer:

1. To ensure that compensation and other reward disbursements are consistent with actual performance

2. To identify salespersons who needs to be promoted

3. To identify salespersons who should be fired/terminated

4. To determine the specific training and counseling needs of individual

5. To provide information for effective human resource (Succession) planning

6. To identify criteria that can be used to recruit and select salespersons in the future

7. To advise salespersons of work expectations

8. To motivate salespersons

9. To help salespersons set their career goals

10. To enhance effective communications between salesperson and sales manager

Explanation:

How each purpose affects the performance evaluation process

1. To ensure that compensation and other reward disbursements are consistent with actual performance

Compensation and rewards affects the performance and it should be on the merit.

2. To identify salespersons who needs to be promoted

Promotion shall be given on the basis of evaluation

3. To identify salespersons who should be fired/terminated

Termination should be on the basis of performance evaluation

4. To determine the specific training and counseling needs of individual

Training shall be provided on the basis of evaluation

5. To provide information for effective human resource (Succession) planning

Succession planning should be on the basis of performance evaluation so that the exceptional performers must be retained,

6. To identify criteria that can be used to recruit and select salespersons in the future

It helps in understanding the factors that will be useful to recruit and select salespersons

7. To advise salespersons of work expectations

On the basis of evaluation, it will be decided to communicate the work expectations

8. To motivate salespersons

It will help in understanding the factors which motivate the salespersons

9. To help salespersons set their career goals

Salespersons will understand about their future and set their career goals.

10. To enhance effective communications between salesperson and sales manager

It will help to communicate effectively about the expectations of  salesperson and sales manager  and better coordination

Answer:

a) $75,000

Explanation:

Given data about Arvelo Corporation;

On November 1

Cost of raw materials at hand = $42,000

Purchases during the month = $68,000

Raw materials requisitioned from storeroom (direct and indirect) = $75,000

Balance of inventory = $42,000 + $68,000 - $75,000

= $35,000

For the inventory amount requisitioned from the storeroom, the entries to be posted on issuance

Dr Cost of sale   $75,000

Cr Inventory (Raw materials)  $75,000

Being entries to recognize inventory issued for use.

The credits to inventory account in the month (November) is $75,000.

Arvelo Corporation's journal entries reflect the purchase and use of raw materials. The total credits to the Raw Materials account for November is $75,000 (option a).

The journal entries for these transactions would look like this:

So, the credits to the Raw Materials account for the month of November would total $75,000, represented by the raw materials that were requisitioned from the storeroom for use in production. Therefore, the correct answer is (a) $75,000.

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Answer:

$44.50

Explanation:

Selling Price                                          $50.00  

Variable selling expenses                  $4.00  

Variable administrative expenses  $1.50  

Contribution Margin                          $44.50

Answer:

$495,500

Explanation:

First, we calculate the total number of books sold during the quarter.

950,000/50 = 19,000 books sold

Then we calculate variable selling and administrative expenses.

Variable Selling Expenses = 19,000 x 4 = $76,000

Variable Administrative Expenses = 950,000 x 3% = $28,500

Finally, we calculate contribution margin for the first quarter by deducting Cost of Goods Sold, Variable Selling Expenses and Variable Administrative Expenses from the Total Sales Value, as shown below:

950,000 - (350,000 + 76,000 + 28,500) = $495,500

The contribution margin for Sam's Bookstore for the first quarter is: $495,500

Answer:

If the demand for a good increases by more than the supply of the good increases, then the goods equilibrium price will increase and its equilibrium quantity will also increase.

Explanation:

Please refer to the attachment.

D zero is the initial demand curve.

D one is the new increased demand curve.

S zero is the initial supply curve.

S one is the new increased supply curve.

P zero is the initial equilibrium price, where D zero = S zero

Q zero is the initial equilibrium quantity, where D zero = S zero

A is the initial equilibrium point, where D zero = S zero.

P one is the new equilibrium price and it is greater than P zero. Here, D One is equal to S One.

Q one is the new equilibrium quantity and it is greater than Q zero. Here, D One is equal to S One.

B is the new equilibrium point, where S one is equal to D one.

Note- Here, increase in demand is more than the increase in supply as seen from the diagram.

Answer:

Corporation

Explanation:

The main key to understanding the type of business is the ownership of capital/funding.

In a Sole Proprietorship, the capital is usually provided by an individual who is the owner of the business. Where personal funds are not available, then lending can be done either from friends and family or from financial institutions.

In a Partnership also talks about private ownership, although unlike the sole proprietorship, it is owned and managed by a group of people who bring in expertise and they are the financiers of the business or through lending

The Corporation however, is the key here because it allows public ownership and raising of capital through the sales of shares of stock and since Misha was able to own and sell 1,000 shares of stock. DDX Co. is a Corporation.

Answer:

Accounting equation : Equity + Liability = Assets or Equity=Assets - Liability.

(a)  Increase asset (Cash): Increase equity (Service Revenue) by $520

(b)  Decrease asset (Cash): Decease equity (Salaries Expense) by $325

(c)  Increase asset (Cash): Increase equity (Capital) by $1,000    

(d)  Increase asset (Debtor): Increase equity (Service Revenue) by $640

(e) Increase liability (utility bills payable): Decease equity (utility bill  Expense)

     by $85

(f)  Decrease asset (Cash): Decease equity (Drawing) by $100

Explanation:

The accounting equation is the basis of the double-entry in accounting. Accounting equation ensure Statement of Financial position(i.e. balance sheet) balance all the time. It shows balance sheet. It shows that sum of assets equals to the addition of liabilities and equity.

With the aid of accounting equation, we establised that for every debit (affecting asset or expense) entry, there must be corresponding credit (affacting liability or equity).

Answer:

Explanation:

Net Income = Revenue -Expenses

                   =  $11,600 -$7,800

                   =  $3,800

Retained Earnings =  $3,800- $1,800

                              =  $2,000

According Accounting Equation ;

Total Assets = Total liabilities + Total equity

Stockholders' Equity = $38,000- $21,000

                                  = $17,000

Answer:

Corporate Social Responsibility.

Explanation:

Corporate social responsibility is a form of foreign self-regulation of a private enterprise aimed at contributing to public objectives of a philanthropic, political or humanitarian nature or by participating in or promoting voluntary or ethically driven activities.

Final answer:

Corporations have obligations that extend beyond their economic functions, embodied in the concepts of Corporate Social Responsibility and corporate personhood, which emphasize ethical duties to stakeholders and society beyond profit maximization.

Explanation:

The fundamental idea behind the concept that corporations should uphold duties beyond lawful economic functions is often associated with Corporate Social Responsibility (CSR) or corporate personhood. This perspective holds that companies have a moral and ethical duty beyond just complying with local laws, especially in areas where legal protections might be inadequate or lacking. International human rights, for example, suggest that companies should adhere to certain ethical standards regardless of local legislation.

It is a complex issue, indeed. Corporations in the United States, vested with certain legal rights, must navigate the challenging terrain of aligning their responsibilities with stakeholders, community, and society at large. While some advocate for shareholder primacy, where corporations' primary responsibility is towards their shareholders, others propose the stakeholder theory, emphasizing a balance between the interests of all parties involved, including the community, employees, and customers.

Corporate social responsibility and corporate personhood are two key concepts that resonate when corporations acknowledge wider obligations than profit maximization, marked by a moral commitment to act in the interests of various stakeholders, including society at large. The discussions surround the ethical parameters within which corporations operate and how they are expected to contribute to the social and environmental welfare in addition to their economic activities.

Answer:

Share holder's equity  = $15,450

Explanation:

given data

current assets = $4,200

net fixed assets = $23,400

current liabilities = $3,750

long-term debt = $8,400

solution

we get here value of the shareholders equity that is express as

Share holder's equity = (current assets + net fixed assets) - (current liabilities + long term debt)    ....................1

put here value we get

Share holder's equity  = ( $4,200 + $23,400) - ( $3,750 + $8,400 )

Share holder's equity  = $15,450

Please the remaining part of the question below :

1.Amount a business earns after paying all expenses and costs associated with its sales and revenues.

2.An examination of an organization’s accounting system and records that adds credibility to financial statements.

3.Principles that determine whether an action is right or wrong.

4.Accounting professionals who provide services to many clients.

5.An accounting area that includes planning future transactions to minimize taxes paid.

Answer:

1.Amount a business earns after paying all expenses and costs associated with its sales and revenues. - Net income (G)

2.An examination of an organization’s accounting system and records that adds credibility to financial statements. - Audit (A)

3.Principles that determine whether an action is right or wrong. - Ethics (C)

4.Accounting professionals who provide services to many clients.- Public accountants (F)

5.An accounting area that includes planning future transactions to minimize taxes paid- Tax accounting (D)

Explanation:

Descriptions are matched with terms such as Audit, GAAP, Ethics, and others. Each term is defined and associated with its appropriate description. This matching helps in understanding key accounting concepts.

Matching Descriptions with Terms

Let's match each of the numbered descriptions with the appropriate term or phrase provided:

Using the list above, we can assign each description to its corresponding term or phrase.

Answer:

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * cost of capital

= [($22,000,000 - $19,000,000)*(1 - 0.35)] - [$15,000,000*8%]

= $750,000

Answer:

False

Explanation:

The given statement is false because Federal Reserve System (The FED) Does hold Mortgage backed securities and Federal agency debt securities in the month of April 2015 According to their annual report clearly mentioned in the Statistical Tools Table 1 of Federal Reserve, in the month of April 2015 Note 5.