Corporate philanthropy includes all business donations to nonprofit groups except employee time.
Answer the following statement true (T) or false (F)
False
Corporate philanthropy includes all business donations to nonprofit groups, including money, products, and employee time. See 4-4: Defining Social Responsibility: Making the World a Better Place
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Using the Cash Receipt Table below, show the output if the following SQL command is given:Cash Receipt:RemittanceAdvice#AmountBankAccount#DateCustomerNumberCashierNumberRA-11,666BA-625-JUL-2014C-2E-39RA-210,000BA-726-JUL-2014C-2E-39RA-372,000BA-715-AUG-2014C-1E-39RA-432,600BA-715-AUG-2014C-5E-39RA-51,669BA-625-AUG-2014C-2E-39SELECT SUM (Amount)FROM [cash receipt]Where [Customer Number] ='C-2'
What will be an ideal response?
Which of the following categories of people is most likely to step into entrepreneurship?
A. People who have minimal knowledge about the use of technology B. People who have trouble being subordinates because of their personalities C. People who are skeptical about taking financial risks D. People who lack the characteristic of self-reliance
You have the choice of two equally risk annuities, each paying $5,000 per year for 8 years. One is an
annuity due and the other is an ordinary annuity. If you are going to be receiving the annuity payments, which annuity would you choose to maximize your wealth? A) the annuity due B) the ordinary annuity C) Since we don't know the interest rate, we can't find the value of the annuities and hence we cannot tell which one is better. D) either one because they have the same present value
A firm has the following balance sheet as of XX/XX/XX: Assets Liabilities and Equity Cash $100 Accounts payable $ 300 Accounts receivable 300 Long-term debt 800 Inventory 400 Equity 400 Plant 700 Retained earnings 0 $1,500 $1,500 ? Currently sales are $4,000 with a net profit margin of 15 percent. Management expects sales to increase to $5,000 and wants to determine if the
firm will need external financing to cover this expansion. Construct a forecasted balance sheet for sales of $5,000 using the percent of sales technique of forecasting assets and liabilities that spontaneously vary with sales. If the firm needs funds, these funds may be acquired through a bank. If the firm has excess funds, they should be invested in marketable securities. Assume that cash does not increase with the increase in sales. If this assumption were not made, would your answer be different? What will be an ideal response?