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Question: This assignment has 3 parts:
Ethical behavior is important to the accounting profession as well as the general business environment. Most companies have code of conduct policies and ethical training to ensure all employees understand the company's behavior expectations and responsibilities.
1. What are the advantages and disadvantages of a company having a formal code of conduct that employees are obligated to follow?
2. What are your thoughts about whether employees should have to participate in mandatory ethical trainings each year?
3. How might having a code of conduct help an employee make decisions when faced with an ethical situation?
Kevin Plank of Under Armour is introduced in the chapter's opening feature. Kevin currently sells his products through multiple outlets.
Question - Record the settlement of debt. A company has $500,000 of 6% semiannual, 6 year term bonds outstanding
The information is provided in a table for Alpha Company and Bravo Company. Alpha Company Bravo Company Balance 12/31/15 Assets $605,000 Liabilities $142,000.
Fisher Corporation reported a Retained Earnings balance of $125,780 on January 1, 2014. Fisher Corporation made the following three closing entries on December 31, 2014.
bnc inc. a closely held corporation was organized in 1987. to date it has accumulated over 10 million after-tax
Discuss how consumer's involvement and their activated product knowledge affect the problem solving process during purchase decisions for products like buying a new car, an engine oil, a cough remedy, and health insurance.
Go to "FRB: Press Release-FOMC statement-December 16, 2009." You should now find a press release from the Board of Governors of the Federal Reserve System, dated December 16, 2009, which discusses the decisions of the Federal Open Market Committee..
For Gray Corporation, the working capital at the end of the current year is $10,000 more than the working capital at the end of the preceding year, reported as follows:
Mark's tax adjusted trading profit for the nine-month period ended 31 December 2012 is Kshs 200,700. Thisfigure is before taking account of capital allowances.
Research the related generally accepted accounting principles and prepare a short memo to the president that answers her question.
Layla has owned her home for 12 years and expects to live in it for 5 more years. She originally borrowed $200,000 at 5% for 30 years to buy the home. She still owes $130,000 on the loan. Interest rates have fallen to 4%, and Layla is reconside..
Benny's Repair Shop started the year with total assets of $100,000 and total liabilities of $80,000. During the year the business recorded $210,000 in revenues, $110,000 in expenses, and dividends of $20,000.
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