Corporate social responsibility (CSR) refers to the:
A. dedication that businesses show in expanding their market share.
B. actions that maximize the profit of an organization.
C. accountability that a manager has to his subordinates.
D. ethical expectation that society has for business.
Answer: D
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The following information was taken from the operating activity section of the 2014 statement of cash flows for Limited Corp: Additions to net income: Change in accounts payable $2,000 Deductions from net income: Change in inventories 8,000 Based on the information provided, which one of the following conclusions is correct?
a. Accounts payable decreased $2,000 in 2014. b. Inventories increased $8,000 in 2014. c. The direct method was used to prepare the operating section of the cash flow statement. d. Cash payments of merchandise exceeded cost of goods sold by $2,000.
Describe the steps in the training and development process.
What will be an ideal response?
Bluebird Mfg. has received a special one-time order for 15,000 bird feeders at $3 per unit. Bluebird currently produces and sells 75,000 units at $7.00 each. This level represents 80% of its capacity. These bird feeders would be marketed under the wholesaler's name and would not affect Bluebird's sales through its normal channels. Production costs for these units are $3.50 per unit, which includes $2.25 variable cost and $1.25 fixed cost. If Bluebird accepts this additional business, the effect on net income will be:
A. $11,250 increase. B. $33,750 decrease. C. $7,500 decrease. D. $45,000 increase. E. $33,750 increase.
Which of the following best describes the term capital rationing?
A) a method of determining the period within which the cash invested is recouped B) a process of ranking and choosing among alternative capital investments based on the availability of funds C) a method which shows the effect of an investment on a company's accrual-based income D) a process of controlling operating costs when adequate funds are not available