Homebound, a home decor company, annually donates blankets to various nonprofit organizations. These nonprofit organizations distribute the blankets among the poor. Given this information, Homebound's gesture is an example of:

A. consumerism.
B. corporate responsibility.
C. corporate philanthropy.
D. freeganism.


Answer: C

Business

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Fred and Barney started a partnership. Fred invested $10,000 in the business and Barney invested $18,500. The partnership agreement stipulated that profits would be divided as follows: Each partner would receive a 14% return on invested capital with the remaining income being distributed equally between the two partners. Assuming that the partnership earned $24,000 during an accounting period, the amount of income assigned to the two partners would be: Fred BarneyA.$8605?  $7415? B.$10,000?  $14,000? C.$12,000?  $12,000? D.$11,405?  $12,595? 

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