What are some of the leading causes of bankruptcy?
What will be an ideal response?
Answer: Major illness: This generally comes with major costs and can mean the loss of a job.
Credit: Easy availability of credit leads to living beyond your means.
Divorce: It's expensive, what with lawyers, child support, alimony, and splitting up assets.
Job loss: Bills continue to come in, and with no income, savings can be wiped out.
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On January 1 . 2012 . Costas Co purchased a new machine for $1,250,000 . The new machine has an estimated useful life of five years and the salvage value was estimated to be $250,000 . Costas uses the sum-of-the-years'-digits method of depreciation. The amount of depreciation expense for 2014 is
a. $200,000. b. $250,000. c. $300,000 d. $416,667
In 2017, it came to light that in order to meet its demanding profit target, Wells Fargo put such pressure on its employees to hit sales quotas that many employees responded by fraudulently opening customer accounts. Characterize Wells Fargo's corporate culture. How did its culture undercut its strategy execution effort? What lessons about the importance of culture to the strategy execution effort can be learned from this situation?
What will be an ideal response?
There are two parties are involved in a draft: the drawer and the drawee
Indicate whether the statement is true or false
Proponents of the _____ hold that solving ethical dilemmas requires training and that individuals solve ethical dilemmas when they develop and nurture a set of character traits valued as being good.
A. virtue theory B. deontological theory of ethics C. utilitarian theory D. theory of moral relativism E. casuist ethical theory