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fiasKO
1 month ago
11

Write a fictional scenario (can be based on something you have witnessed in real life) describing an ethical challenge you might

encounter in a loan transaction.
Business
1 answer:
Free_Kalibri [3.7K]1 month ago
5 0
<span>Oliver is Tommy's closest friend. Tommy urgently needed money, so he asked Oliver, the manager at Starling Bank, for a loan. Oliver was aware Tommy was unemployed and disinherited from his trust fund by his father, making repayment unlikely. Hesitant, Oliver faced an ethical dilemma since approving the loan could lead to negative outcomes. He needed to carefully consider the potential consequences before deciding.</span>
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The following inventory was available for sale during the year for Dolphin Tools: Beginning inventory 10 units at $120 First pur
Free_Kalibri [3773]

Response: $4,950

Justification:

Using the First In First Out method for valuing inventory indicates that the oldest inventory is sold off first, leaving the newer stock at year's end.

The final 25 units consist of the latest purchases made:

20 units from the third order

5 units from the second order

Thus, inventory valuation = (20 * 195) + (5 * 210)

= $4,950

This question does not involve the provided options.

8 0
1 month ago
Assume that you are the vice president of movie production for a major Hollywood studio. You need to compose a memo to your film
marusya05 [3725]
<span>Involving scientists and mathematicians in the project would provide significant advantages by enabling precise calculations regarding costs and environmental impact, along with optimizing our budget effectively. It's crucial to recognize the importance of these new consultants to our team.</span>
6 0
1 month ago
Read 2 more answers
Consider two markets: the market for coffee and the market for hot cocoa·The initial equilibrium for both markets is the same, t
harina [3808]

Answer:

The elasticity of supply for hot cocoa calculated at 1.43.

(D) The coffee market's supply is less elastic compared to that of hot cocoa.

Explanation:

Applying the midpoint formula,

The elasticity of supply for hot cocoa is (change in quantity supplied/average quantity supplied) ÷ (change in price/average price).

The change in quantity supplied amounts to 101 - 31 = 70.

The average quantity supplied equals (101 + 31)/2 = 66.

70/66 yields 1.06.

The price change is 9.75 - 4.5 = 5.25.

The average price is (9.75 + 4.5)/2 = 7.125.

5.25 divided by 7.125 results in 0.74.

Thus, hot cocoa's elasticity of supply is 1.06 ÷ 0.74 = 1.43. The supply for hot cocoa is elastic since this value exceeds 1.

For coffee, the elasticity of supply computes to (73 - 31)/(73 + 31)/2 ÷ 0.74, which simplifies to 42/52 ÷ 0.74 = 0.81 ÷ 0.74 = 1.09. Coffee supply is regarded as elastic as well because its elasticity is above 1.

However, the supply of coffee is less elastic than that of hot cocoa since its elasticity value is lower than that for hot cocoa.

7 0
1 month ago
Match the leadership qualities with the situations to which they relate.
Free_Kalibri [3773]
Organizational Skills - Oliver intended to create an agenda for the group discussion.
Communication Skills - Oliver actively listened to his peers and motivated them to express themselves more.
Emotional Stability - Oliver kindly requested a participant who was dominating to please tone it down.
Integrity - Oliver objectively considered both perspectives of the argument before sharing his neutral opinion.
I apologize if there were any mistakes
~Silver
4 0
19 days ago
The depreciable life of an asset is of concern to the financial manager. In general:_______.a) a longer depreciable life is pref
harina [3808]
The depreciable life of an asset is crucial for the financial manager. Generally, a shorter depreciable life is advantageous, as it leads to quicker cash flow circulation. This concept of depreciation allows for the expense of financial or intangible resources to be allocated over their useful lives. It indicates the extent to which an asset's value diminishes over time. For both taxation and accounting, long-term assets can be depreciated, and the duration allocated to these assets significantly influences the cash flow. Hence, shorter depreciable lives are more favorable compared to longer ones due to the expedited influx of cash for finance managers.
6 0
1 month ago
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