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meriva
1 year 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]1 year 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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Ticket prices to a Kanye West concert increase from $40 to $60. As a result, ticket sales decrease from 50,000 to 40,000. The el
kramer

Answer:

.4

Inelastic

Explanation:

Elasticity of Demand = |%Change in Demand / %Change in Price|

%Change in Demand= |(40,000 - 50,000)/50,000| =  20%

%Change in Price = |(60 - 40)/40| = 50%

Elasticity of Demand = .2/.5 = .4 or 40%

.4 < 1 so Demand is Inelastic

4 0
1 year ago
A firm is experiencing a loss of $5,000 per year. The firm has fixed costs of $8,000 per year.a. Should the firm operate in the
kramer

Answer:

(a) Continue to operate.

(b) Shut down

(c) Continue to operate.

Explanation:

(a) It is given that the firm will experiencing a loss of $5000. Therefore, it means that a loss of $5,000 is borne by the producer of the fixed cost. It is a portion of fixed cost but the firm will continue to operate in the short run if it covers all of the variable cost in the short run.

(b) The firms in the long run try to cover all of its variable and fixed cost. If this situation persists then this firm unable to cover its all costs. Therefore, the firm will shut down its operation and go out of the business.

(c) Now, if the firm’s fixed costs are $2,000.

There is a reduction in the fixed cost by $6,000

Previously firm able to cover = $8,000 - $5,000

                                                = $3,000

It means that it cover its fixed cost and hence, the firm will operate in both short run and long run.

4 0
2 years ago
ABC Co. issued 1 million 6 percent annual coupon bonds that mature in 10 years. The face value is $1,000 per bond. What are the
Leya [2.2K]

Answer:

Explanation:

The expected cash flows from one of these bonds are:

- $60 in interest at the end of each year for 10 years, and

- $1,000 repayment of principal at the end of 10 years.

4 0
1 year ago
Kunkel Company makes two products and uses a conventional costing system. A single plantwide predetermined overhead rate is comp
zysi [14]

Answer:

1) using conventional costing

unit cost mercon = $98

unit cost wurcon = $297

2) using ABC costing

unit cost mercon = $218

unit cost wurcon = $237

Explanation:

                                                     Mercon           Wurcon

Direct materials cost per unit       $8.00             $6.00

Direct labor cost per unit            $10.00             $11.00

Direct labor-hours per unit            2.00                7.00

overhead rate applied                     $80              $280      

Number of units produced           1,000              2,000

overhead rate = total overhead / total direct labor hours = $640,000 / 16,000 = $40

unit cost mercon = $8 + $10 + $80 = $98

unit cost wurcon = $6 + $11 + $280 = $297

using the ABC costing, overhead rate is only 50%

Mercon           Wurcon

Direct materials cost per unit       $8.00             $6.00

Direct labor cost per unit            $10.00             $11.00

Direct labor-hours per unit            2.00                7.00

overhead rate applies                     $40              $140      

Number of units produced           1,000              2,000

total engineering costs          $160,000        $160,000

engineering cost per unit              $160                $80

engineering cost per unit = $320,000 / 2,000 = $160

unit cost mercon = $8 + $10 + $40 + $160 = $218

unit cost wurcon = $6 + $11 + $140 + $80 = $237

7 0
2 years ago
You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increa
Nat2105 [25]

Answer:

51 % increase

Explanation:

Stock A price= $23.00

Stock A price after 6 months= $47.00

Increase in price of Stock A= $47 - $23

                                          = $24

Percentage increase in stick price = <u>$24</u>  x  100%

                                                        $47

                                                     = 0.510 x 100%

                                                     = 51%

The percentage increase in the price of Stock A is 51%

Cheers

4 0
2 years ago
Read 2 more answers
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