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The management of Clean Corporation is concerned about the growing demand on the part of investors and the public in general for environmental disclosures in annual reports. In reviewing a number of foreign competitors’ annual reports you observe a number of environmental disclosures including; actual and contingent liabilities for the cost of environmental clean-up, corporate programs and policies to protect the environment, and self-assessment reports of internal goals reached with respect to its environmental protection measures. You also notices that some companies include environmental disclosures in their annual reports while others prepare a separate report. The management of Clean is agonizing over the extent and type of environmental disclosures to provide in the company’s next annual report. They have hired a consultant to work along with you to help them establish environmental reporting policies.
a. In your opinion are environmental disclosures in company annual reports necessary? Explain.
b. What specific environmental disclosures should companies provide? Why?
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed? What are the different price points
Crepe Creations is considering franchising its unique brand of crepes to stall-holders on Hermoza Beach, which is five miles long. CC estimates that on an average day there are 1,000 sunbathers evenly spread along the beach and that each sunbather wi..
Why is Canada expected to experience some labour shortages due to an aging population? Explain the changing the changing retirement patterns and how this change may effect the magnitude of the shortages?
Bribes: Two players find themselves in a legal battle over a patent. The patent is worth 20 to each player, so the winner would receive 20 and the loser 0. Given the norms of the country, it is common to bribe the judge hearing a case.
Why is monetary policy chosen over fiscal policy as the preferred tool for stabilization policy? What does the government gain from controlling monetary policy? Why would they choose to delegate responsibility for monetary policy to an independent ce..
Explain clearly what the "phantom" or compensated budget constraint represents. Explain clearly what the income and substitution effects are. Use examples if you wish.
In 1992, thirst Bush administration was worried about a lingering recession. The administration announced that households would receive a reduction in their taxes for the year 1992. However, this was not accompanied by a reduction in tax rates, and t..
Can you think of any reasons why? How would you describe the market structure of the world coffee market: is it competitive or not? Present your arguments.
The size of the market will help determine which of the following factors:
the number of hours per week supplied to a particular market by three individuals at various wage rates. Compute the total hours per week supplied to the market.
What is the average product of labor, given that the level of labor equals 5, total output equals 500, and the marginal product of labor equals 25?
Identify the various taxes governments utilize to fund the public sector and the impact of those taxes on both the producer and the consumer
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