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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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Edgar is a chef and the kitchen manager in an upscale restaurant. He is very knowledgeable in both the culinary and restaurant m
gavmur [86]

Answer:

Edgar is a chef and the kitchen manager in an upscale restaurant. He is very knowledgeable in both the culinary and restaurant management fields. Because he possesses these technical skills, Edgar can be considered an Management by objectives (MBO)

Explanation:

Management by Objectives (MBO) has to do with management of organization in terms of their goals and ensure maximum performance is recorded. Edgar used MBO as a result helps the restaurant to harness their resources and manage it efficiently.

8 0
2 years ago
Which are the roles of a bank? Check all that apply.
andrezito [222]
Since you did not give a list of choices, here are some of the major functions of a bank. These functions include the following:

1.       - accepts deposits <span>
- advances loans 
- receivesof valuables for safe custody 
- acts as referee 
- issues letter of credit in foreign trade 
- acts as underwriters 
- acts as information banks 
- merchant banking service provider 
- deals in foreign exchange 
- issues gift cheques 
- issuers of travelers cheque and credit cards 
- bullion trader 
- sale and purchase of stock exchange securities 
- acst as clearing house 
- administration of wills and trusteeship 

</span>

I hope this helps!

5 0
2 years ago
Thoro Clean, a firm providing house-cleaning services, began business on April 1. The following accounts in its general ledger a
natta225 [31]

Answer:

Thoro Clean

a. Using the accounting equation, record each of the transactions in columnar format:

April 1    

Cash $11,500 + Accounts Receivable + Supplies + Prepaid Van Lease  + Equipment = Accounts Payable + Notes Payable + Common Stock $11,500 + Retained Earnings

April 2

Cash $11,500 - $2,850+ Accounts Receivable + Supplies + Prepaid Van Lease $2,850 + Equipment = Accounts Payable + Notes Payable + Common Stock $11,500 + Retained Earnings

April 3

Cash $11,500 - $2,850 + $10,000 + Accounts Receivable + Supplies + Prepaid Van Lease $2,850 + Equipment = Accounts Payable + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings

April 3

Cash $11,500 - $2,850 + $10,000 - $3,500 + Accounts Receivable + Supplies + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings

April 4

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 + Accounts Receivable + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings

April 7

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 + Accounts Receivable + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350

April 21

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 + Accounts Receivable $3,500 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500

April 23

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 - $1,500 + Accounts Receivable $3,500 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 - $1,500 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500

April 28

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 - $1,500 + $2,300 + Accounts Receivable $3,500 - $2,300 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 - $1,500 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500

April 29

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 - $1,500 + $2,300 + $1,000 + Accounts Receivable $3,500 - $2,300 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 - $1,500 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500 + Dividends $1,000

April 30

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 - $1,500 + $2,300 - $1,750  - $255 + Accounts Receivable $3,500 - $2,300 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 - $1,500 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500 + Dividends $1,000 - Wages $1,750 - Gasoline $255

b. Use Journal entries to record the transactions:

DATE    DESCRIPTION                 DEBIT     CREDIT

April 1    Cash Account                $11,500

             Common Stock                              $11,500

To record Randy Storm's investment of cash

April 2  Prepaid Van Lease        $2,850

            Cash Account                                $2,850

To record payment for six months' lease on a van.

April 3  Cash Account             $10,000

            Notes Payable                              $10,000

To record the borrowing of $10,000 from a bank.

April 3   Cleaning Equipment  $5,500

             Cash Account                              $3,500

             Accounts Payable                       $2,000

To record purchase of cleaning equipment.

April 4  Cleaning Supplies      $4,300

            Cash Account                              $4,300

To record the purchase of cleaning supplies.

April 7  Advertising Expense    $350

            Cash Account                                $350

To record the payment for advertisements.

April 21 Accounts Receivable      $3,500

            Cleaning Fee Earned                     $3,500

To record the cleaning fees earned.

April 23 Accounts Payable        $1,500

             Cash Account                               $1,500

To record the payment on account.

April 28 Cash Account           $2,300

              Accounts Receivable                 $2,300

To record the receipt from customers on account.

April 29 Cash Account         $1,000

             Dividends                                   $1,000

To record the receipt of dividends.

April 30 Wages Expense        $1,750

             Cash Account                            $1,750

To record the payment of wages for April.

April 30 Gasoline Expense    $255

              Cash Account                         $255

To record the payment for gasoline used during April.

Explanation:

The accounting equation is given as Assets = Liabilities + Equity.  This equation is always in balance with each transaction affecting at least one or two accounts in either side of the equation.  This equation explains that the assets owned by a company are made up of either owings to creditors or owners of the business.

5 0
1 year ago
The Lesseig Company has an opportunity to invest in one of two mutually exclusive machines that will produce a product the compa
mojhsa [17]

Answer:

A. If the WACC is 9%, which machine should be acquired?

  • Since machine B's NPV is higher, it should be acquired. Even though machine A's IRR is higher, the NPV is always the first and most important parameter to consider.

B. By how much would the value of the company increase if it accepted the better machine?

  • if machine B is acquired, then company's value will be $743,518 (= $11,879,562 - $11,136,044) higher than if machine A was acquired.

C. What is the equivalent annual annuity for each machine?

  • EAA machine A = $2,011,998
  • EAA machine B = $2,146,333

Explanation:

we need to determine the NPV of each investment project:

Machine A:

initial investment -$8,900,000

NCF 1 $4,500,000

NCF 2 $4,500,000

NCF 3 $4,500,000

NCF 4 $4,500,000 - $9,800,000 = -$5,300,000

NCF 5 $4,700,000

NCF 6 $4,700,000

NCF 7 $4,700,000

NCF 8 $4,700,000

WACC = 9%

using an excel spreadsheet to calculate the NPV = $11,136,044 , IRR = 35.74%

equivalent annual annuity (EAA) = (r x NPV) / [1 - (1 + r)⁻ⁿ]

  • r = 9%
  • NPV = $11,136,044
  • n = 8

EAA = (0.09 x $11,136,044) / [1 - (1 + 0.09)⁻⁸] = $1,002,244 / 0.4981 = $2,011,998

Machine B:

initial investment -$13,900,000

NCF 1 $4,300,000

NCF 2 $4,300,000

NCF 3 $4,300,000

NCF 4 $4,300,000

NCF 5 $4,300,000

NCF 6 $4,300,000

NCF 7 $4,300,000

NCF 8 $4,300,000

WACC = 9%

using an excel spreadsheet to calculate the NPV = $11,879,562 , its IRR = 27.42%

equivalent annual annuity (EAA) = (r x NPV) / [1 - (1 + r)⁻ⁿ]

  • r = 9%
  • NPV = $11,879,562
  • n = 8

EAA = (0.09 x $11,879,562) / [1 - (1 + 0.09)⁻⁸] = $1,069,161 / 0.4981 = $2,146,333

8 0
2 years ago
Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or
Jlenok [28]

Answer: Dina's labor the car wash dina receives the $300 per week and charles earns working for spotless car wash

Explanation: The flow from a firm to a household can be in the form of goods and services purchased by the household or in the form of flow of factor income to the household. Out of the given options, Dina's labor in the car wash and Charles earning from spotless car wash represent a flow of income from the firm to the households. While, Charles spending on airline tickets represent a flow from the household to the firm in the form of expenditure for buying a service. So, a and b are correct.  


4 0
1 year ago
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