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VikaD [51]
2 years ago
5

An agent who accepts a bribe to purchase goods for a principal from a seller who is a personal friend breaches his ________ duty

by taking the money, since it is the agent's duty to work only for the best interests of the principal. Group of answer choices
Business
1 answer:
otez555 [7]2 years ago
5 0

Answer: fiduciary

Explanation:

An agent who accepts a bribe to purchase goods for a principal from a seller who is a personal friend breaches his fiduciary duty by taking the money, since it is the agent's duty to work only for the best interests of the principal.

Fiduciary has to do with trust which exists between a beneficiary and a trustee or an agent and the principal.

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Jaxon Furnishings Company is considering logging opportunities in Alaska to obtain wood for their products. The market analysis
Alex787 [66]

Answer:

Jaxon Furnishings Company Vs Logging Opportunities in Alaska

Comparison of the benefits of increased wood production to the costs of deforestation:

The company is using the __environmental sustainability___ approach to make this ethical decision.

Explanation:

According to brittanica.com, environmental "sustainability is understood as a form of intergenerational ethics in which the environmental and economic actions taken by present persons do not diminish the opportunities of future persons to enjoy similar levels of wealth, utility, or welfare."

An approach to an ethical decision is sustainable when it considers the long-term benefits and costs associated with the decision, instead of concentrating on the short-term benefits as some business transactions are done.  Short-termism selfishly considers the immediate gains from a transaction.  It lacks a futuristic appetite for the good of future generations.

3 0
2 years ago
On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,2
Svetradugi [14.3K]

Answer:

$31,100

Explanation:

On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $20,500; Accounts Receivable, $7,250; Supplies, $650; Equipment, $12,000; Accounts Payable, $9,300.

Therefore the amount of stockholders’ equity as of May 31 of the current year can be derived by the formula : Capital = Assets - Liabilities

<u>Assets</u>

Cash $20,500;

Accounts Receivable, $7,250;

Supplies, $650;

Equipment, $12,000

TOTAL = 40,400

<u>Liabilities</u>

Accounts Payable, $9,300.

Therefore stockholders’ equity = 40,400 - 9,300 = $31,100

7 0
2 years ago
On January 1, Year 1, Pacific Corporation acquired 75% of Sand Corporation's 200,000 outstanding common shares for $2,850,000. O
Allisa [31]

Answer:

$112,500

Explanation:

The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned  method:

Cost to acquire share of the Pacific Corporation             $2,850,000

Less:Net Assets Acquired of Sand Corporation

       Sand Net Assets                     $3,000,000

       Excess value of land               $200,000

       Excess value of equipment    $150,000

       Fair value of non-compete     $300,000

                                                       $3,650,000                 ($3,650,000)    

Add:Net Assets portion of the Non controlling interest   $912,500

($3,650,000*25%)

Good will                                                                              $112,500

3 0
2 years ago
During May, Joliet Fabrics Corporation manufactured 600 units of a special multilayer fabric with the trade name Stylex. The fol
Anika [276]

Direct labour rate variance = (3875) unfavourable, Direct labour efficiency rate = (800) unfavourable

<u>Explanation:</u>

<u>Computation of Direct Material Price & Quantity Variance </u>

Direct Material Purchase - Price variance  = (SP minus AP) multiply AQ Purchase  ($1.45 minus $1.48) multiply19000  = ($570) Unfavourable

Direc Material Quantity Variance =(SQ-AQ)SP  =

((20 multiply600)-10500) multiply$1.45 =  $2,175 Favourable

Direct Material Price variance - (SP minus AP)AQ Used  = ($1.45minus $1.48) multiply10500 = ($315) Unfavourable

<u>Computation of Direct Labour Rate & Efficiency Variance </u>

Direct Labour Rate variance  = (SR minus AR)multiply AH  

= ($8 minus $9.25) multiply3100  = -3875 Un Favourable

Direct Labour Efficiency Variance  (SH minus AH)multiply SR  

= ((5 multiply 600) minus 3100)multiply8)  = -800 Un Favourable

8 0
2 years ago
An aircraft company has an order to refurbish the interiors of 18 jet aircraft. The work has a learning curve percentage of 80.
gavmur [86]

Answer:

a. 125.43 hours

b. 767.92 hours

c. 2,129.04 hours

Explanation:

Using the mathematical approach, we have :

y = ax ^b

Where ,

y is the average time to manufacture x units

a is the time its takes to manufacture first plane

b is the log of 80% divided by log 2

Then,

Average time for 5 planes = 300 (5)^-0.322

                                            = 178.67 hours

Total time for 5 planes = 178.67 hours × 5

                                      = 893.35

Average time for 4 planes = 300 (4)^-0.322

                                            = 191.98 hours

Total time for 5 planes = 191.98 hours × 4

                                      = 767.92 hours

The fifth plane would take =  893.35 - 767.92

                                            =  125.43 hours

Average time for the 18 planes = 300(18)^-0.322

                                                    = 118,28 hours

Total time for 18 planes = 118,28 hours × 18

                                       = 2,129.04 hours

5 0
2 years ago
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