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STatiana [176]
2 years ago
4

A visiting American executive finds that a foreign subsidiary in a poor nation has hired a 12-year-old girl to work on a factory

floor, in violation of the company’s prohibition on child labor. He tells the local manager to replace the child and tell her to go back to school. The local manager tells the American executive that the child is an orphan with no other means of support, and she will probably become a street child if she is denied work. What should the American executive do?
Business
1 answer:
DENIUS [597]2 years ago
4 0

Answer: A visiting American executive finds that a foreign subsidiary in a poor nation has hired a<u> 12-year-old girl to work </u>on a factory floor.The local manager tells the American executive that the child is an <u>orphan </u>with no other means of support. The best option will be for the American executive to call <u>Social Services </u>and for them to determine if the child must go to an <u>orphanage</u>.

Explanation:

<em>Social service agents </em>must give guidance and advice for children in unfortunate situations. A local authority has <em>a duty to accommodate</em> a child in need if there is no one with legal responsibility for the child.

An <em>orphanage or center for the reception of minors</em> is an institution responsible for the <u>care </u>of minors, orphans or abandoned and may be financed by public or private capital.

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Springer Anderson Gymnastics prepared its annual financial statements dated December 31. The company reported its inventory usin
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Answer:

Ending Inventory Net Realisable Value or LCM is $ 14,000

Net Income  Net Realisable Value or LCM is $ 11,900

Explanation:

Purchase Cost                                    Replacement Cost per

Item    Quantity      Per Unit     Total          Unit          Total  Cost      NRV

A            1,500        $ 3         4,500         $  4             $ 4500     $4500

B           750            4            3,000             2             $1500       $ 1500

C       3,500              2            7,000            1             $3500       $ 3500

<u>D            1,500        5           7,500            3              $ 4500       </u><u>  $ 4500     </u>

                                                                                                 $ 14000

Ending Inventory $ 22,000

Income Statement

Sales Revenue $ 140,000

Cost of Goods Sold

Beginning Inventory $ 15,000

Purchases 91,000 Goods

Available for Sale 106,000

Ending Inventory 14,000  Applying LCM/NRV

Cost of Goods Sold 92,000

Gross Profit 48,000

Operating Expenses 31,000

Income from Operations 17,000

Income Tax Expense (30%) 5,100

Net Income $ 11,900

4 0
2 years ago
A company works 320 days per year and has an annual demand of 2080 units of product desires to set an reorder point that will co
GenaCL600 [577]

Answer:

D. Re-order point = 26 days

Explanation:

Given,

Annual Demand, D = 2,080 units

Number of working days = 320 days

Lead time = 4 days

We know,

Re-order point = (Annual demand/Number of working days)*Lead Time

Re-order point = (Annual demand/Number of working days)*Lead Time

Re-order point = (2,080/320)*4

Re-order point = (6.5*4)

Re-order point = 26 days

Therefore, the answer choice is D.

As there is no maximum and average lead time and no replenishment stock, I exclude the safety stock from the re-order point calculation.

3 0
3 years ago
Tressor company is considering a 5-year project. the company plans to invest $90,000 now and it forecasts cash flows for each ye
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Interest rate Present value of an annuity

of $1 factor for year 5

10% 3.7908

12% 3.6048

14% 3.4331

Calculate the internal rate of return to determine whether it should accept this project.

The project should be accepted because it will earn more than 14%.

The project should be accepted because it will earn more than 10%.

The project will earn more than 12% but less than 14%. At a hurdle rate of 14%, the project should be rejected.

The project should be rejected because it will earn less than 14%.

The project should be rejected because it will not earn exactly 14%.

Answer : The IRR of the project is 15.24%.

The project should be accepted since it will earn more than 14%.

The NPV at 10% is $ 12351.6

The NPV at 12% is $7329.6

The NPV at 14% is 2693.7

Since NPV is positive at 14%, we may safely conclude that the IRR of the project is greater than 14%.

The NPV at 15% is 90,508.19

The NPV at 16% is 88,405.93

By interpolation, we can determine that the IRR of the project is 15.24%.

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Which of the following choices best describes why it is difficult to start a self improvement plan?
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