The Business Ethics provides several models and frameworks for a business approach to the environment and sustainability including;accelerate and innovate
monetize and count
express corporate responsibility
Using the perspective of a business owner of a mid-size manufacturer, select the approach/approaches you would recommend for this company (mid-size manufacturer). Support the selection by explaining the approach, describing which of the five (5) environmental positions you espouse, and how the approach and positions relate to key ethical theories we have studied?
1. The environment shouldn’t be protected.
2. The environment should be protected in the name of serving human welfare.
3. The environment should be protected in the name of serving future generations’ welfare.
4. The environment should be protected in the name of serving animal welfare.
5. The environment should be protected for its own sake.
Answers
Answer:
To answer the above question , the closest and which includes all human, animal and realted welfare is
"The environment should be protected in the name of serving future generations’ welfare".
Explanation : when it comes to buisness, ethics and moral with code of conduct the ultimate reason behind this is to make the better world to serve future generation with all such discipline and carry forward the same positive approach towards all human, animal and other welfare's.
By this above option/approach is different and consider a cumulative welfare for better world to serve future generation.
Coming to other option/approach is only specific to certain groups only and it does'nt through light on other's welfare.
To add more , "when you focus on one group of welfare success will be there but if you focus and prioritize together with better competency and required area success path is wide and opened"
So saving and serving the environment to future generation is high valued and required. By this we can able to match the ethical, moral and social responsibality.
Related Questions
Macinski Leasing Company Leases a new machine to Sharrer Corporation. The machine has a cost of $70,000 and fair value of $95,000. Under the 3 year, non-cancelable contract, Sharrer will receive title to the machine at the end of the lease. The machine has a 3 year useful life and no residual value. The lease was signed on January 1, 2017. Macinski expects to earn an 8% return on its investment, and this implicit rate is known by Sharrer. The annual rentals are payable on each December 31, beginning December 31, 2017.a) Discuss the nature of the lease agreement and the accounting method that each party to the lease should applyb) Prepare amortization schedule suitable for both the lessor and lesseec) Prepare the journal entry at commencement of the lease for Macinskid) Prepare the journal entry at commencement of the lease for Sharrere) Prepare the journal entry at commencement of the lease for Sharrer, assuming (1) Sharrer does not know Macinski's implicit rate (Sharrer's incremental borrowing rate is 9%), and (2) Sharrer incurs initial direct costs of $10,000.
Cost Leadership Strategy is one strategy to gain a competitive advantage.a. Trueb. False
What is the overall rate of return on a $155,000 investment that returns 23% on the first $15,000 and 16% on the remaining money
Girls between the ages of 8 and 15 are one of the growing markets for high-end shoe manufacturers, and podiatrists say the trend is leading to many stylish young girls with grown-up foot problems. To many parents and podiatrists, shoe manufacturers who develop and market adult-styled shoes to this group are not operating at a(n) _____ responsibility level.
B 56.4% and 4.8%.
C 59.3% and 2.8%.
D 59.3% and 4.8%.
Answers
Answer:
Option (D) is correct.
Explanation:
Given that,
Japanese adult non- institutionalized population = 110.272 million
Labor force = 65.36 million
Number of people employed = 62.242 million
Labor force participation rate is calculated as the percent of adult population involved in the labor force.
Labor force participation rate:
= (Labor force ÷ adult non- institutionalized population) × 100
= (65.36 ÷ 110.272) × 100
= 0.5927 × 100
= 59.27% or 59.3%
Unemployment rate is calculated as the percent of people unemployed among the labor force.
Number of people unemployed:
= Total labor force - Number of employed
= 65.36 - 62.242
= 3.118 million
Unemployment rate:
= (Number of people unemployed ÷ Labor force) × 100
= (3.118 ÷ 65.36) × 100
= 0.0477 × 100
= 4.77% or 4.8%
Answers
Answer:
the direct material & conversion cost per equivalent unit is $750 per ton and $120 per ton
Explanation:
The calculation of the direct material & conversion cost per equivalent unit is given below:
Direct materials per equivalent unit is
= $3,000,000 ÷ 4,000 tons
= $750 per ton
And,
Conversion costs per equivalent unit is
= $462,600 ÷ 3,855 tons
= $120 per ton
Hence, the direct material & conversion cost per equivalent unit is $750 per ton and $120 per ton
Sales revenue $404,100
Cost of goods sold 234,000
Gross profit 170,100
Expenses (including $16,700 interest and $26,400 income taxes) 83,500
Net income $ 86,600
Additional information:
1. Common stock outstanding January 1, 2022, was 24,700 shares, and 37,100 shares were outstanding at December 31, 2022.
2. The market price of Skysong stock was $14 in 2022.
3. Cash dividends of $22,900 were paid, $4,900 of which were to preferred stockholders.
Compute the following measures for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%)
(a) Earnings per share $enter earnings per share in dollars
(b) Price-earnings ratio enter price-earnings ratio in times times
(c) Payout ratio enter payout ratio in percentages % (d) Times interest earned enter times interest earned times
Answers
Answer:
Earnings per share
= Net income - Preferred dividend
No of common stocks outstanding at the end
= $86,600 - $4,900
37, 100 shares
= $2.20 per share
b. Price-earnings ratio
= Market price per share
Earnings per share
= $14
$2.20
= 6.36
c. Pay-out ratio
= Ordinary dividend paid x 100
Earnings after preferred dividend
= $18,000 x 100
$81,700
= 22.03%
c. Times interest earned
= Earnings before interest and tax
Interest expense
= Net income + Interest expense+ Tax
Interest expense
= $86,600 + $16,700 + $26,400
$16,700
= 7.77 times
Explanation:
Earnings per share equals net income minus preferred dividend divided by number of common stocks outstanding at the end of the year.
Price-earnings ratio is market price price per share divided by earnings per share.
Pay-out ratio is ordinary dividend paid divided by earnings after preferred dividend.
Times interest earned is earnings before interest and tax divided by interest expense. Earnings before interest and tax equals net income plus interest expense plus income tax.
the law in pursuit of free music. In reality hardcore fans "are extremely enthusiastic about paid-for services, as long as they are suitably compelling, he said.
People who download unlicensed music tend not buy legal digital music.
A True
B False
C Cannot Say
Answers
The answer to the prompt that "People who download unlicensed music tend not buy legal digital music" is False.
Judging from the passage above, the answer to this prompt is false.
The passage makes it clear that those who regularly downloaded unlicensed music also "spent an average of £5.52 a month on legal digital music."
This shows that this crop of individuals are willing to purchase legal digital music.
Learn more about unlicensed music here:
Answers
Answer:
Net income is $135,000
Explanation:
The below is the Paradise Travel Service Income Statement For the Year Ended May 31, 20Y6 .
Fees earned $900,000
less:
Office expense $300,000
miscellaneous expense $15,000
wages expense $450,000
Total expense for the year ($765,000)
Net income $135,000
The net income is computed by deducting office,miscellaneous and wages expenses from the total fees earned during the year,hence the resulting net income thereafter is $135,000.
The net income would be added to opening balance of retained earnings in order to compute the closing retained earnings for the year
Final answer:
The net income for Paradise Travel Service for the year ended May 31, 20Y6, is calculated by subtracting the total expenses ($765,000) from the total revenue ($900,000), which results in a net income of $135,000. This information is summarized in the company's Income Statement.
Explanation:
To prepare the Income Statement for Paradise Travel Service for the year ended May 31, 20Y6, you start by listing the total revenue, followed by the expenses, and then finally compute the net income by subtracting total expenses from total revenue.
Here is how it would look:
Paradise Travel Service
Income Statement
For the Year Ended May 31, 20Y6
Revenues:-
Fees earned: $900,000
Expenses:-
Office expense: $300,000
Miscellaneous expense: $15,000
Wages expense: $450,000
Total expenses: $765,000
Net Income:
$900,000 (Fees Earned) - $765,000 (Total Expenses) = $135,000
Learn more about Income Statement here:
#SPJ3
Answers
Answer:
$3,200,000
Explanation:
The net income after taxes (NIAT) is determined as the product of the basic earnings per share (EPS) by the number of shares outstanding.
Since Peak Performance Sporting Goods has an EPS of $0.80 per share and 4,000,000 shares outstanding, their net income after taxes, for this period is:
Net income after taxes for the same period = $3,200,000.