Explain the strategies you would adopt

Assignment Help Financial Accounting
Reference no: EM132948936

Question - 'Resources giant BHP Billiton has been convicted of breaching mines safety legislation over the death of a worker at a Port Headland site more than four years ago. In a decision yesterday after a trial which included hearings in South Hedland and Perth, Magistrate Peter Malone found BHP had contravened the Mines Safety and Inspection Act by exposing Andrew Terrance McLaughlin to a hazard that resulted in the 52-year old's death. Mr McLaughlin, a father of three, was crushed under a scissor lift at a Nelson Point workshop. Submissions on the penalty are scheduled for March 19.'

Required - Assume you have been appointed by BHP Billiton to formulate a strategy to respond to the comments provided in the press report given above. Explain the strategies you would adopt assuming you are a supporter of Legitimacy Theory.

Reference no: EM132948936

Questions Cloud

Provide an example of a firm or government entity : Describe the characteristics of a bond and provide an example of a firm or government entity that has recently issued (sold) these securities.
Prepare the entry to record the sale of the securities : On November 1, Year 4, South sold the bonds for P3,925,000. Prepare the entry to record the sale of the securities on Year 4
Discuss the different stakeholders for an organization : Thinking about the importance of accurate measurement, discuss the different stakeholders for an organization and how each can be impacted by inaccurate data.
Explain how is the insurance price of a bond is decided : Explain how is the insurance price of a bond is decided. What determines if a bond has been issued at a discount, face value, or at a premium?
Explain the strategies you would adopt : Mr McLaughlin, a father of three, was crushed under a scissor lift at a Nelson Point workshop. Explain the strategies you would adopt
Prepare an adjusted trial balance on december : Prepare an adjusted trial balance on December 31, 2020. Prepare an income statement for the year ended December 31, 2020. List expenses in alphabetical order.
How much should HIBISCUS report as interest income : HIBISCUS Company purchased 4,000 of 1,000 face value, 10% bonds of IXORA Company for 4,270,600. How much should HIBISCUS report as interest income
Find the total cost of the units completed and transferred : The costs per equivalent unit were computed to be $1.90 for materials and $3.70 for conversion costs. Find the total cost of the units completed and transferred
What is the horizon value in millions at : Simonyan Inc., If the weighted average cost of capital is 10% and the cost of equity is 15%, what is the horizon value, in millions at t = 3?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare journal entries

The cost of licensing was nominal and the useful life of the patent is 15 years. Prepare journal entries from 2020 to 2024

  Discuss the types of financial institutions

Discuss the types of financial institutions that participate in the residential mortgage market and those who supply commercial mortgages.

  What is the OCF for each year of this project

The project is estimated to generate $2,680,000 in annual sales, with costs of $849,000. If the tax rate is 35%, what is the OCF for each year of this project

  What is the activity rate of baking the cakes per oven

Linda's Cake Company baked 660 cakes last month at a cost of $4.50 a cake. She sold the cakes for $12 a cake. Using 3 ovens, what is the activity rate of baking the cakes per oven?

  During which phase of the accounting cycle would this error

the inventory account was debited for only $200 while accounts payable was credited for $2,000. During which phase of the accounting cycle would this error be first discovered?

  What method is utilized by southwest airlines

Describe how the inventory valuation methods can affect financial reporting. Determine What method is utilized by Southwest airlines?

  Construction of a combination office and warehouse building

Harrisburg Furniture Company started construction of a combination office and warehouse building for its own use at an estimated cost of $5,011,800 on January 1, 2014. Harrisburg expected to complete the building by December 31, 2014. Harrisburg has ..

  How much is the amount of non-free trade credit used

Rona Company, Assuming 360 days a year, how much is the amount of "non-free" trade credit used by the firm on the average each year?

  What is the net present value if the cost of capital

Schaefer Organic Farms purchased a new tractor at a cost of $80,000. Annual operating cash inflows are expected to be $30,000 each year for four years. At the end of the tractor's useful life, the salvage value of the tractor is expected to be $5,000..

  Find what is the periodic interest rate

The loan payments are monthly and interest is compounded monthly. What is the periodic interest rate? (I.e., what is the monthly interest rate?)

  Make journal entries for bismillah traders for establishment

Make journal entries for Bismillah Traders for the establishment, replenishment, and changing the size of the fund. Bismillah Traders Postage and stamps 450.00

  Compute basic and diluted earnings per share

The net income for 20x1 is $2,300,000. The company's tax rate is 30 percent. Compute basic and diluted earnings per share

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd