Bill would like to propose to the board of directors of Bizmarc, Inc, that the corporation distribute one percent of its pre-tax yearly income to feed the poor. To Milton Friedman and others, Bill's proposal might be considered unethical, because it violates the purpose for which the corporation was established
a. True
b. False
Indicate whether the statement is true or false
True
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The 20% shown for net income in 2019 signifies that net income ________.
The vertical analysis of the income statement of Settler, Inc. is as shown below:
A) is 20% of net sales revenues
B) increased by 20% over the previous year
C) is 20% of gross profit
D) equals 20 times of the income before income tax
Can standard costing be used in job-order costing? If so, what conditions must exist? If not, explain why
Expropriation occurs when a government seizes private property for a proper pur-pose and awards just compensation
Indicate whether the statement is true or false
Unfortunately, the NAICS system will not allow marketing managers to gather information about
A. data on industries that are oligopolies. B. geographic distribution of industries. C. market share in a pure competition environment. D. import competition in domestic markets. E. demand for products and services.