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I believe the social concepts that range from low to high responsibility are directly related to a business’s approach to ethics. For example, a company that practices an obstructionist approach does not act in a socially responsible way since this approach is taken knowingly and can result in harm to stakeholders. These same individuals would be less likely to exercise positive ethics. Alternatively, according to Jones and George (2022), taking a proactive approach means taking the initiative to act in a socially responsible way (p. 113). This proactive approach is likely due to an individual’s strong moral ethics and willingness to help society and the organization’s stakeholders. In addition, there is also the defensive approach for those who wish to only strictly abide by the law and the accommodative approach for those that want to do what is socially acceptable but do not venture out of their way to accomplish this.
Bombas did a great job implementing this proactive approach to social responsibility by building their company with the mission of giving back to society in all they did (Hollis & Rice, 2019). They went out of their way to help the homeless in society by donating a pair of socks for every purchase that was made from them. This is known as the One-for-One Giving model. The implementation consisted of researching the top requested item, identifying partners to help in distribution, and creating products that both the homeless and the customer would enjoy.
Bombas took it a step further with their innovation when it came to marketing by bringing together individuals that shared in their vision of proactive social responsibility, so they could share their stories of giving back to society over social media. This networking and essentially free advertisement allows the Bombas name to travel by word-of-mouth. According to Hollis and Rice (2019), Bombas has over 1200 partners active on social media, which helps promote engagement with customers.
Answers
The post illustrates the different approaches companies take towards social responsibility. Jones and George (2022) state that proactive approach means taking the initiative to act in a socially responsible way. According to Hollis and Rice (2019), Bombas has over 1200 partners active on social media, which helps promote engagement with customers.
Bombas implemented this proactive approach by building their company with the mission of giving back to society. They donated a pair of socks for every purchase, known as the One-for-One Giving model. Bombas took it a step further with their innovation when it came to marketing by bringing together individuals who shared in their vision of proactive social responsibility. They did this so that they could share their stories of giving back to society over social media. This networking and essentially free advertisement allows the Bombas name to travel by word-of-mouth. According to Hollis and Rice (2019), Bombas has over 1200 partners active on social media, which helps promote engagement with customers.
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Related Questions
Describe ways in which a verbal/linguistic learner prefers to learn.
Answers
Answer:
People with verbal-linguistic learning styles learn best when taught using spoken or written materials. They prefer activities that are based on language reasoning rather than abstract visual information. ... They usually enjoy written projects, speech and drama classes, debate, language classes, and journalism.
Explanation:
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Shelly is reading a chapter in her science book. She wants to note the main ideas and details, and wants to pay close attention to a few of the important names as she reads. How can Shelly use highlighting to make the information she is looking for stand out?
She can use three different highlighters: one for the main idea, one for the details, and one for important names. She can use one highlighter and highlight the entire paragraphs that have a main idea, detail, or important name. She can use one highlighter to highlight all of the big words in each paragraph. She can use two different highlighters: one for the first sentence of each paragraph and one for the last sentence in each paragraph.
Answers
Answer:
A. She can use three different highlighters: one for the main idea, one for the details, and one for important names.
Explanation:
Color-coding highlighters to things your need to memorize/take notes on is an esay way to know what's what without having to read everything you highlighted and hope you find the thing you need.
Answer: The first one (She can use one for the main idea, one for details, and one for important names)
what is the differende between wants and needs?
Answers
Explanation:
Want — have a desire to possess or do (something); wish for. Need — require (something) because it is essential or very important rather than just desirable.
A “need” is something that is essential to your survival, and you wouldn’t be able to survive with this. Examples of needs include oxygen, water, food, housing, and clothes. You need oxygen to be able to breathe, and you can’t survive long without food or water. Having clothes is also essential, and having a basic unit of housing provides safety to you.
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green co. has an inventory conversion period of 80 days and annual revenue of $4,200,000. how many times per year (360 days) does green turn over its inventory?
Answers
The inventory turnover ratio is calculated as the number of times inventory is sold and replaced in a given period.
It is calculated by dividing the cost of goods sold by the average inventory level. However, in this case, we are given the inventory conversion period, which is the number of days it takes to sell and replace inventory. The formula for calculating inventory turnover using inventory conversion period is:
Inventory turnover = Number of days in period / Inventory conversion period
To find the number of times Green Co. turns over its inventory in a year, we need to divide the number of days in a year (360) by the inventory conversion period (80):
Inventory turnover = 360 / 80
Inventory turnover = 4.5
Therefore, Green Co. turns over its inventory 4.5 times per year.
Inventory turnover is a financial ratio that measures how efficiently a company manages its inventory. It indicates how many times a company sells and replaces its inventory during a given period. A higher inventory turnover ratio is generally considered better because it suggests that a company is selling products quickly and efficiently, and not holding onto excess inventory. The inventory conversion period is the average number of days it takes a company to turn its inventory into sales.
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The CEO does not fully understand which are the options enabled by the dynamic allocation of resources. Which of the following paragraphs best describes them: O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). It can also switch your virtual computer(s) to different computer centers in other locations. O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). It can also switch your virtual computer(s) to different computer centers in other locations. Beside, it allows you to use different operating systems.
Answers
The paragraph that best describes the options enabled by dynamic allocation of resources is: "When you need computing power, you access the cloud and use some of the resources. When you do not need computing power, other companies will use it."
The selected paragraph accurately describes the options enabled by dynamic allocation of resources. It states that when computing power is required, users can access the cloud and utilize a portion of the available resources. However, when the computing power is not needed, those resources are made available to other companies or users. This concept highlights the flexibility and efficiency of resource allocation in the cloud. It ensures optimal utilization of resources, as they are dynamically allocated based on demand. The paragraph does not mention additional features like adapting resources, switching computer centers, or using different operating systems, so it focuses solely on the core concept of sharing and utilizing computing power as needed.
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I need two answers please by 2pm today.
Are you motivated more by intrinsic rewards (satisfaction, sense of accomplishment, etc.) or by extrinsic rewards (money, bonuses, etc.)?
Answers
Intrinsic rewards can be more satisfying to a worker than extrinsic ones, because internal motivation is something natural that does not depend on external stimuli.
How does an employee get motivated?There is a set of characteristics that helps in motivation in the work environment. Intrinsic rewards correspond to job satisfaction. To be achieved, the employee needs to feel valued and fulfilled with their responsibilities at work.
Extrinsic rewards are related to external motivations, such as a good salary and bonuses.
Therefore, motivation is essential in the workplace, as it stimulates employee productivity, satisfaction and integration.
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Consider Emily's balance statement:
Emily's supervisor asked her to revise the balance statement. What does she need to revise? Why?
A B
1 Assets FY 2014
2 Accounts Payable $2,000
3 Wages $75,000
4 Taxes Payable $10,000
5 Mortgage Payable $15,000
6 Total $102,000
7
8 Liabilities FY 2014
9 Cash $800
10 Inventories $36,000
11 Investments $25,000
12 Accounts Receivable $61,800
13 Total $122,800
14
15 Balance -$20,800
Answers
Answer:
see below
Explanation:
A balance sheet is prepared following the accounting principles of assets equal to liabilities plus equity. Assets are left side while equity and liabilities on the other.
Assets are valuable that a business owns. Liabilities refer to the debts or loans of the business. It is what the business owes others. Equity is the owner's contribution to the business.
In this balance sheet, Emily has confused assets and liabilities.
The column labeled as liabilities represents assets. She should change that. This column should be the topmost column. She has interchanged the labels for liabilities and assets. The difference between assets and liabilities should be equity.
Answer:
Emily has mixed up the assets and liabilities. All the cells under “assets” are really liabilities and vice versa.
Explanation:
Which of the following are automatically withheld from paychecks?
Answers
Pricing is? a)one of the 4 p's of the marketing mix. b)considered to be a part of promotion. c)normally a government regulated variable. d)totally based on the cost of products.
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Price is one of the 4 p’s of the marketing mix. Option (a) is correct choice i.e. "one of the 4 p's of the marketing mix".
Marketing mix involves different areas of focus as part of a marketing plan. The four Ps of marketing are
ProductPricePlaePromotionPricing is the most important among four Ps of marketing mix. It could help your company achieve profit. If you have already introduced your product, you must decide the price of that product. The price of a product shows whether your customer is willing to pay for your product or not. Any changes in price will not only affect the business but also the spending patterns of customers.
Price set for the product must achieve the following goals:
Profit for the companyCustomer’s affordabilitySupport product positioning.Price is basically considered as the most important pillar of the marketing mix. Prices are now easy to compare. Progress of a business depends upon the price offered by them.
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assume that a contract was entered into for the sale of the restaurant, and that the sale included the covenant not to compete. which of the following is true?
Answers
A contract was entered into for the sale of the restaurant, and that the sale included the covenant not to compete, the following is true: The covenant not to compete must be reasonable in geographic scope to be valid. The correct answer is C.
A covenant not to compete is a contractual agreement in which one party agrees to refrain from conducting business similar to the other party within a certain geographic area and for a specified period.
In the case of the sale of a business, a covenant not to compete is often included to prevent the seller from opening a competing business in the same area and potentially taking away customers.
While covenants not to compete are generally disfavored in the law as restraints of trade, they are enforceable if they are reasonable in scope.
In the context of the sale of a business, the scope of the covenant not to compete must be geographically reasonable, meaning that it cannot be too broad or cover an area larger than is necessary to protect the buyer's business interests. If the scope of the covenant not to compete is found to be unreasonable, it may be deemed unenforceable.
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Assume that a contract was entered into for the sale of therestaurant, and that the sale included the covenant not to compete.Which of the following is true?
A. The contract would be void as covenants not to compete are onlyvalid when they are part of a valid employment contract.
B. The contract would be void, as covenants not to compete are arestraint of trade.
C. The covenant not to compete must be reasonable in geographicscope to be valid.
D. The contract for the sale of the business would be valid, but thecovenant not to compete will be void
the process of using concrete information about customer behaviors to plan and refine marketing and sales strategies is called .
Answers
The process of using concrete information about customer behaviors to plan and refine marketing and sales strategies is called performance marketing
The term performance marketing refers to internet campaigns in which advertisers pay marketing firms or ad networks based on the outcomes, such as clicks or conversions. It is the process of enhancing and assessing the efficacy of marketing and sales tactics using data and metrics. Analyzing consumer behavior, such as past purchases, website interactions, and demographics, can help tailor marketing campaigns and track their success.
Performance marketing enables the firm to efficiently market goods and services by taking advantage of the perks of digital technology, such as high-speed distribution and market saturation. The business will be able to reach a larger and more varied or segmented audience.
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Using other people's money to attain a _____________ return on your investment is also known as financial leverage
Higher
Answers
Using other people's money to attain a higher return on your investment is also known as financial leverage.
Financial leverage refers to the strategic use of borrowed funds or other forms of debt to amplify the potential returns on an investment. It involves utilizing borrowed capital to finance an investment with the expectation that the returns generated will exceed the cost of the borrowed funds.
By leveraging other people's money, investors can increase their potential gains and achieve a higher return on their investment compared to using only their own capital. This is because the borrowed funds allow investors to control a larger asset base or make larger investments than they could with their own resources alone.
However, it's important to note that financial leverage can also amplify losses if the investment does not perform as expected. The higher the level of leverage, the greater the risk involved, as investors are not only responsible for repaying the borrowed funds but also for covering any losses incurred.
Investors and businesses need to carefully assess the risks and rewards of using financial leverage and ensure they have a solid understanding of the potential outcomes. Proper risk management and analysis of cash flows, interest rates, and market conditions are crucial in effectively utilizing financial leverage to achieve a higher return on investment.
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if you are married with young children and make $75,000 per year, how much term life insurance should you have?
Answers
Answer:
you'd buy $1,275,000 in life insurance. With this amount of coverage, your beneficiary should be able to replace your income with interest and dividends earned from investing the life insurance proceeds make sure it covers 10 or 12 x more then whats already covered
Explanation:
true or false? you should revisit your kpis every 18 months.
Answers
Answer:
false
have a nice day!!!
Aaron realizes he has a budget deficit of roughly $175 at the end of two months in a row.
Answers
Answer:
Cancel his cable TV subscription and go out to dinner three fewer times each month with friends
To resolve the budget deficit Aaron should cancel his cable TV subscription and go out to dinner three fewer times each month with friends.
What does "budget deficit" mean to you?When expenses surpass income, usually over the course of one fiscal year, there is a budget deficit. Though organizations, businesses, and individuals can also have budget deficits, the word is typically used to refer to governments. The national debt grows due to the deficit each year. As a result, the national debt is a much bigger number.
The government experiences losses during times of poor economic development or economic recession. Workers who leave their jobs pay less in taxes, which reduces the government's revenue. A budget deficit can also result from excessive or careless government expenditure when combined with low tax rates.
Budget surpluses are produced when the government's revenue exceeds its expenditures (the opposite of a budget deficit). As a result, the government will have extra money to spend on a variety of purposes, such as debt repayment, tax reduction, funding of public initiatives, and so forth. The surplus funds may also be set aside for when a subsequent budget deficit arises.
Because the effects of budget deficits aren't always bad—in some circumstances, they might actually enhance aggregate demand—they are complicated. Furthermore, the public sector may benefit in a variety of ways, such as through unemployment program or public services, if rising government spending results in budget deficits. But inflation is one of the main risks connected to the budget imbalance.
In general, the only ways to lower the budget deficit are by raising taxes or cutting spending. This can be done by boosting taxes or speeding up the nation's economic growth. It's a fine line to walk, though, as high taxes can stifle economic expansion. Spending reductions present additional challenges since they may hinder economic expansion, reduce tax collections, and even exacerbate the budget imbalance.
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All of the following are assumptions of cost-volume-profit analysis except a.the sales mix is constant. b.costs can be divided into fixed and variable components. c.there is no change in inventory quantities during the period. d.within the relevant range of operating activity, the efficiency of operations can change.
Answers
Answer:
d. within the relevant range of operating activity, the efficiency of operations can change.
Explanation:
Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;
1. Sales price per unit product is kept constant.
2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.
3. All the units produced are sold i.e there is no change in inventory quantities during the period.
5. The costs accrued are as a result of change in business activities.
6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.
Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.
All of the following are assumptions of cost-volume-profit analysis except within the relevant range of operating activity, the efficiency of operations can change. Thus, option D is the correct option.
The break-even analysis, also known as cost-volume-profit analysis, is a crucial technique for forecasting the amount of activity, expenditures to be incurred, sales to be produced, and profits to be realized. It is employed to assess how variations in various activity levels, such as expenses and volume, impact an organization's operating income and net income.
Financial professionals typically utilize the cost-volume-profit analysis and base their decisions on the following assumptions:
The unit sales price of the product is constant.The overall fixed costs of production are maintained at a consistent level, allowing for the division of costs into fixed and variable components.Learn more about cost-volume-profit here:
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ECON QUESTION !!
What is the overall objective of a business raising financial capital?(1 point)
A) decrease operating costs and increase the number of investors
B) increase revenues and the number of investors
C) reducing financial obligations and increase revenue
D) grow and increase profit
chapter 5 test, banking and finance...if you have all the answers that would be greatly appreciated
Answers
The main goal is to increase shareholder value as much as possible.
Businesses frequently make decisions that include spending money now while planning to turn a profit later. Examples are when a business purchases a machine with a 10-year lifespan, constructs a new facility with a 30-year lifespan, or launches a research and development initiative. Four basic methods exist for businesses to obtain the funding they require to fund these initiatives: (1) early-stage investors; (2) profit reinvestment; (3) bank or bond borrowing; and (4) stock sales. Business owners decide how to pay for financial capital sources when they select those sources.
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1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
Answers
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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which of the following is the features of memorandum. (a) no salutation (b) dear ma/sir (c) it contains letter headed paper (d) it contains e-mail
Answers
Answer:
(c) it contains letter headed paper
Explanation:
A memorandum can be referred to as it's short form called a Memo. A memorandum is an official means of communicating internally with the staff or employees of an organization about the day to day running or operations of such an organization.
Features of a Memorandum ( Memo) includes:
a) It is always typed or written on the company's letter headed paper.
b) It includes the person or persons who the memo is been addressed to
c) It includes the name and signature of person writing the memo.
d) Subject or title of the memo.
e) Information about the subject of the memo.
Who wants branliest???!!!
Answers
Answer:
Sure...
Explanation:
jdjdjjdjdjdjdjdjdjjdjdjjd
What else did sharon do to avoid future overdraft fees?.
Answers
To avoid overdraft fee, Sharon signed up for alerts by email and text to know when her account balance is lower than a certain amount.
What is an overdraft?It should be noted that an overdraft simply means a loan that's provided by a bank which allows a customer to pay for bills when the account reaches zero.
In this case, in order for Sharon do to avoid future overdraft fees, we can signed up for alerts by email and text to know when her account balance is lower than a certain amount.
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You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answers
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
how evade taxes pls tell me how to evade taxes i am only nine years old and need not pay taxes cause i hate taxes, taxes are for nerds
Answers
Answer:
you simply cease to do your legal documentation
Explanation
you dont have taxes until u have a job
Ah ling buys a new pair of shoes from shoefactory, an online store. she logs in to shoefactory's website and finds that her homepage has been customized to display the status of her latest purchase. in this scenario, shoefactory is using _______ to exert influence over the decision-making journey.
Answers
Shoefactory is using personalized marketing to exert influence over the decision-making journey.
Ah ling buys a new pair of shoes from shoefactory, an online store. she logs in to shoefactory's website and finds that her homepage has been customized to display the status of her latest purchase. in this scenario, shoefactory is using personalized marketing to exert influence over the decision-making journey.
Personalized marketing involves tailoring content, such as product recommendations, tailored offers, and relevant information, to an individual customer based on their preferences and past behaviors. This customization of the homepage to display the status of the customer's purchase is an example of personalized marketing, which is designed to influence the customer's decision-making journey.
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The epicurean society is holding its annual election for president. The three candidates are a, b, and
c. Twenty percent of the voters like upper c the most and upper a the least. Forty percent of the voters like upper a the most and upper c the least. Of the remaining 232 prefer upper b to upper c and upper c to upper a, and 696 prefer upper b to upper a and upper a to upper
c. Write out the preference schedule for this election.
Answers
Answer and Explanation:
Please find answer and explanation attached
What was Old Major key quotes?
Answers
Old Major Key Quotes:
Man is the only real enemy we have. Remove Man from the scene, and the root cause of hunger and overwork is abolished forever. ...There, comrades, is the answer to all our problems. It is summed up in a single word-- Man.All men are enemies. Weak or strong, clever or simple, we are all brothers.Predominant (also called Willingdon beauty, his name used when displaying) is the first primary individual defined by George Orwell in his 1945 novel Animal Farm. An elderly center White boar, his "purebred" of pigs is a type, grandfatherly philosopher of trade.
Principal proposes a approach to the animals' determined plight on Manor Farm under the Jones administration and evokes mind of a revolt. He does no longer specify a time for the revolt; it could be day after today or several generations down the road. But when he dies three days after handing over his speech, the animals without delay got to work on bringing approximately the rebellion, riding Jones and the farmhands off the farm and doing away with many of the implements of his rule.
The Seven Commandments that Snowball transcribes, that are supposed to embody important's widespread philosophy, are progressively altered and deformed under Napoleon till they have completely exclusive meanings from the ones in the beginning meant.
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Five hundred popular porcelain dolls were produced and sold at a certain price. Years later, there were only 10 of these very popular dolls available to be purchased. What likely happened to the price of the dolls
Answers
The price of the dolls likely increased.Overall, the likely outcome is an increase in the price of the dolls due to their scarcity and the corresponding demand from collectors or individuals who desire these particular items.
When the supply of a product decreases while the demand remains constant or increases, it creates a situation of scarcity. In this case, with only 10 dolls available out of the initial 500, the supply has significantly decreased. As a result, the price of the dolls is likely to increase.
The decrease in supply relative to the demand for these popular porcelain dolls creates a sense of rarity and exclusivity. Collectors or individuals who desire these dolls may be willing to pay a higher price to obtain one due to their limited availability. The scarcity of the dolls increases their perceived value, which drives up the price.
The increased price is a reflection of the market dynamics of supply and demand. With a limited supply, the price serves as a mechanism to balance the quantity demanded and the quantity supplied. In this case, the price acts as an incentive for potential buyers to weigh the value they place on owning one of the few remaining dolls against the higher cost associated with acquiring it.
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What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answers
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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To become a successful entrepreneur, you should:
Select one:
O Prepare to risk all of your family assets.
O Plan to quit your job before starting.
O Choose a business that is in a field you enjoy.
O Expect to put down a lot of money.
Answers
Atlas Corporation declared a $20 cash dividend on its ordinary shares with a par value of $80 on June 15, 2023 and will be given to shareholders on record as of June 30, 2023. Dividend will be distributed on July 10, 2023.
On June 20, 2023, Xavier Company purchased 4,000 shares of Atlas Corporation at $120 per share. These shares are classified as financial assets at fair value through profit or loss. Brokerage related to this transaction amounted to $6,000.
On November 15, 2023, Xavier Company sold half of the shares for $130 per share. At the end of the year, the shares were selling at $95.
1. How much is the initial cost of the investment?
2. How much is the dividend income to be reported for the year?
3. How much is the gain or loss on the sale?
4. How much is the unrealized gain or loss for the year?
Answers
The initial cost of the investment is $486,000.2. The dividend income to be reported for the year is $80,000.3. The gain on the sale is $14,000.4. The unrealized loss for the year is ($302,000).
The initial cost of the investment in Atlas Corporation by Xavier Company is as follows:
Initial cost = Number of shares purchased × Purchase price per share + Brokerage related to this transaction
= 4,000 × $120 + $6,000
= $486,000.2.
To determine the dividend income to be reported for the year, we need to compute the number of shares held by Xavier Company on the record date.
Record date is June 30, 2023, and the dividend is $20 per share. Therefore, the dividend income to be reported for the year is as follows:
Dividend income = Number of shares held on record date × Dividend per share
= 4,000 × $20
= $80,000.3.
To determine the gain or loss on the sale, we need to compute the proceeds from the sale and the cost of the shares sold.Number of shares sold
= 4,000 ÷ 2
= 2,000
Proceeds from sale = Number of shares sold × Sale price per share
= 2,000 × $130
= $260,000
Cost of shares sold = Number of shares sold × (Initial purchase price per share + Brokerage per share)
= 2,000 × ($120 + $6,000 ÷ 4,000)
= $246,000
Gain or loss on sale
= Proceeds from sale – Cost of shares sold
= $260,000 – $246,000
= $14,000 (Gain).
4. To determine the unrealized gain or loss for the year, we need to compute the market value of the remaining shares at the end of the year (December 31, 2023).
Market value of remaining shares
= Number of shares remaining × Market price per share
= 2,000 × $95
= $190,000
Total cost of investment = Initial cost + Brokerage related to the transaction
= $486,000 + $6,000
= $492,000
Unrealized gain or loss for the year
= Market value of remaining shares – Total cost of investment= $190,000 – $492,000
= ($302,000) (Loss).
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