Charitable donations, running initiatives that benefit the community, providing aid to people affected by natural disasters, or engaging in projects that have a positive impact on the environment are all examples of which level of corporate social responsibility?
A. economic
B. legal
C. ethical
D. discretionary
D. discretionary
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The U.S. government will pay Edie Company $2,500,000 each six months, equal to 2.5% of the $100 million face amount of the treasury bonds (5% annual coupon rate, paid in two installments each year), and will repay the $100 million at the end of five years. At the time Edie Company purchases the bonds, the market prices these bonds to yield Edie Company 6% annually (3% each six months). The bonds
are classified as held to maturity and Edie Company would classify this investment as a(n) _____on its _____ because it intends to hold the securities for _____ a. current asset; balance sheet; less than one year b. current asset; income statement; less than one year c. noncurrent asset; balance sheet; more than one year d. noncurrent asset; income statement; more than one year e. current asset; statement of cash flows; less than one year
Borrowing cash from the bank is an example of which type of transaction?
A. Claims exchange B. Asset exchange C. Asset source D. Asset use
Thermo Gas, Inc, and Uno Oil Corporation refine and sell gasoline and other petroleum products. To limit the supply of gas on the market and thereby raise prices, Thermo Gas and Uno Oil agree to buy "excess" supplies from dealers and "dispose" of it. This is
a. a deal that neither restrains trade or harms competition. b. a legal restraint of trade. c. a per se violation of the Sherman Act. d. subject to analysis under the rule of reason.
Accounts payable are spontaneous secured sources of short-term financing that arise from the normal operations of a firm
Indicate whether the statement is true or false