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meriva
2 years ago
13

Enrollment at Bayside College keeps going up, despite tuition and fee hikes to help cover the cost of new wind turbines installe

d on campus. These turbines generate enough power to serve the campus buildings and to sell to local business establishments. After reading about corporate social responsibility. you conclude:_________.
a. new technology such as wind turbines is a huge capital investment for a college. The effort demonstrates the high cost of environmental programs

b. although it is a trendy social cause, this effort is not showing good long-term social responsibility toward the students who will end up with sizeable future debt

c. this is a demonstration of corporate philanthropy

d. students are willing to pay the extra tuition in the short term because they believe that the means (the use of innovative technology) will justify the end (a better environment.
Business
1 answer:
Ilya [14]2 years ago
4 0

Answer:

a. new technology such as wind turbines is a huge capital investment for a college. The effort demonstrates the high cost of environmental programs

Explanation:

Corporate social responsibility is defined as integration of social and environmental concerns in the business activities of an organisation.

The business entity is accountable to its stakeholders and the public.

In the given scenario the wind turbines generate enough power to serve the campus buildings and to sell to local business establishments.

However enrollment keeps going up because cost of the new turbines need to be covered.

This demonstrates new technology such as wind turbines is a huge capital investment for a college. The effort demonstrates the high cost of environmental programs

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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:
CaHeK987 [17]

Answer:

(D) $4,055

Explanation:

To find the adjusted book balance, we need the ending balance of the cash book:

Book balance                                  $4,725

Less: bank service charges                 (25)

Less: EFT                                             (380)

Less: NSF check returned by bank   (265)

<em>Adjusted book balance</em>                  <u>$4,055</u>

Since bank service had been deducted from the bank, Maxis clothing had to deduct the same amount. When bank deducts any money, generally it notifies through text message or sometimes does not notify directly. Therefore, It had to be deducted from the cash book.

Maxi's accounts receivable paid him a check and the firm immediately added the amount to the cash book. When the accountant went for depositing the check, there were not sufficient fund (NSF). Therefore, the amount did not add to the bank balance. Hence, the firm had to deduct it again.

Through Electronic Fund Transfer (EFT), a payment had been made by the bank for Maxi clothing. Since the expense did not deduct from the cash book, the amount had to deduct it to get the adjusted book value.

7 0
2 years ago
Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $25,300
Svetradugi [14.3K]

Answer:

$24,635,865

Explanation:

total cash inflows = ($25,300 x 1,700) + ($23,700 x 1,720) = $83,774,000

variable costs = $83,774,000 x 57% = $47,751,180

fixed costs = $3,400,000

depreciation expense = $675,000

tax rate = 25%

operating cash flow = [($83,774,000 - $47,751,180 - $3,400,000 - $675,000) x (1 - 25%)] + $675,000 = $23,960,865 + $675,000 = $24,635,865

5 0
2 years ago
Serena's financial goal is to reduce debt. Which statement could make Serena's financial goal specific and timely?
dimaraw [331]
B. Serena should focus on a certain amount and track her spending
5 0
2 years ago
Flora and Fauna Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various age
vladimir2022 [97]

Answer:

$6,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Since the Allowance for Doubtful Accounts has a credit balance of $1,200 before adjustment at December 31, 2016, the additional amount to be allowed

= $7200 - $1200

= $6000

This will be posted as

Debit Bad debt expense  $6000

Credit Allowance for doubtful debt  $6000

4 0
2 years ago
Karl’s Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and vari
Tju [1.3M]

The full question is:

Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods?

Answer:

He has a marketing concept and is acting on it.

Explanation:

A marketing concept is the way by which businesses identify the needs of customers and come up with strategic ways of meeting those needs better than competing firms.

Different marketing concepts include: production concept, product concept, selling concept, marketing concept, and the societal marketing concept.

In the given scenario Karl's sporting goods only catered for fly fishers but as demand for other items increased they branched into other outdoor sport items.

He is stocking gear for swimming, rock climbing, and mountain bikers through partnership with suppliers even if they are not his primary market.

This is acting on marketing concept to be able to meet demand for the other outdoor sporting activities he does not normally supply

3 0
2 years ago
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