What do you think Nike’s executives might have done differently to prevent the sensitive charges of sweatshop labor in overseas factories?
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What do you think Nike’s executives might have done differently to prevent the sensitive charges of sweatshop labor in overseas factories?
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- Don't use chatgpt, I will 5 upvotes Manning Company issued 10,000 shares of its no-par common stock having a fair value of $30 per share and 15,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $700,000. How much of the proceeds would be allocated to the common stock? a) $300,000 b) $350,000 c) $225,000 d) $200,000Petal Providers Corporation, described in Problem 1, is interested in estimating its additional financing needs to support a rapid increase in sales next year. Last year revenues were $1 million, the net profit was $50,000, the investment in assets was $750,000, payables and accruals were $100,000, and equity at the end of the year was $450,000. The venture did not pay out any dividends and does not expect to pay dividends for the foreseeable future. A. What would be your estimate of the additional funds needed next year to support a 30 percent increase in sales? B. How would your answer in Part A change if the expected sales growth were only 15 percent?1. Define risk retention and explain why a large corporation may be able to use this technique more effectively than a small company.
- Johnny and Ash have not yet incorporated their new company. However, each has already invested $50 000 into the business by depositing the money into Johnny’s business account. Johnny is negotiating the purchase of a small factory in his own name, and is purchasing the equipment and materials he will need to start manufacturing Organicola. Ash has also started spending 2 or 3 hours every evening writing a business plan and a marketing plan. (1) Have Johnny and Ash formed a partnership? If so, what are the legal consequences?Which of the following projects would normally be accounted for in a capital projects fund? O A) The construction of a parking garage operated as an enterprise fund. OB) Payment of interest on bonds issued to finance the construction of a new city hall, OC) The construction of a police station addition. O D) Payment of principal on revenue bonds. Question 2 ( Siler City receives a trust donation for the purpose of maintaining flower beds in city parks, but the donor does not specify that the principal must be maintained. This type of trust would be most appropriately accounted for in a O A) Permanent Fund B) Special Revenue Fund OC) Private Purpose Trust Fund OD) General Fund.What are the fundamental legal, corporate, and organizational differences between not-for-profit and for-profit BC/BS plans in terms of ownership, governance, and utilization of profit? Please explain in great detail.
- 4- Cash flow statement of any company shows the net cash inflow and outflow during a period of time. Which of the following activities are considered while making cash flow statement? a. Cash flow from investing activities b. All of the options c. Cash flow from financing activities d. Cash flow from operating activitiesBreifly explain how and why profitablity will change if the profit remains the same, but the retainge is adjusted from 10% to 5%?The second essential purpose for creating a business plan is to guide the operation of the company by charting its future course and devising a strategy for following it O to attract lenders and investors to file with the Securities and O Exchange Commission before a public stock offering to attract potential managers and employees to run the new venture
- Frank, the owner of Furniture Frenzy, received notifications from a collection agency that bills have gone unpaid. Frank reviewed the financial history and didn’t see any errors in payment. After investigating further, Frank found out that the accounts payable department was behind on paperwork, which led to late payments. How would you advise Frank to move forward? What business strategies should Frank put in place to avoid this situation in the future?Define Venture capital.Explain the role of finance and the different types of jobs in finance. Identify the advantages and disadvantages of different forms of business organization.