As the CEO of a company that produces products for schools, Hannah believes that her company needs not only to produce a profit but also to do things that benefit society. _______ guides Hannah's beliefs.
A. Individual responsibility
B. The desire for sustainability
C. Social responsibility
D. A sense of moral rights
E. Corporate lobbying
C. Social responsibility
Social responsibility is a manager's duty to take actions that will benefit society's interests as well as the company's interests.
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A company reports basic earnings per share of $3.50, cash dividends per share of $0.75, and a market price per share of $64.75. The company's dividend yield equals 21.4%.
Answer the following statement true (T) or false (F)
The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions: Restin, Inc.Los Angeles DivisionBay Area Division Central Valley DivisionRevenues$750,000 $200,000 $235,000 $325,000 Variable operating expenses 410,000 110,000 120,000 180,000 Controllable fixed expenses 120,000 65,000 75,000 70,000 Noncontrollable fixed expenses 60,000 15,000 20,000 25,000 In addition, the company incurred common fixed costs of $18,000Assume that the Los Angeles division increases its promotion expense, a controllable fixed cost, by $10,000. As a result, revenues increased by $50,000. If variable expenses are tied directly to revenues, the new Los Angeles segment contribution margin is:
A. $12,500. B. $50,000. C. $22,500. D. $32,500. E. $60,000.
Cryptographic hash functions generally execute faster in software than conventional encryption algorithms such as DES
Indicate whether the statement is true or false.
If fixed lease payments are reduced and everything else remains constant,
A) times interest earned goes up. B) fixed charge coverage goes up. C) fixed charge coverage stays the same. D) debt to total assets goes down.