Business Ethics : Business ethics is a principle of conduct governing the activities of the business. Business should conduct its activities in an ethical manner in order to earn profit and reputation. It helps to decide what is correct and what is incorrect in case of business. Business ethics is codes of principles and values that govern decisions and decision made in the business. To explain: The way the behavior of business affects the customer and the way a customer can protect them against the behavior of the business.

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Chapter 15 Homework 13 Saved Help Save & Exit Submit Part 1 of 2 0.83 points eBook Ask Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 49,000 24,400 73,400 9,420 $ 82,820 c. Time tickets show the following labor used for the month. Print References Job 201 $ 40,000 Job 202 13,400 Total direct labor 53,400 25,000 $ 78,400 Indirect labor Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $166,160 on credit. g. Incurred the following actual other…

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Question

Chapter 1, Problem 7E

1.

To determine

Business Ethics: Business ethics is a principle of conduct governing the activities of the business. Business should conduct its activities in an ethical manner in order to earn profit and reputation. It helps to decide what is correct and what is incorrect in case of business. Business ethics is codes of principles and values that govern decisions and decision made in the business.

To explain: The way the behavior of business affects the customer and the way a customer can protect them against the behavior of the business.

2.

To determine

Business Ethics: Business ethics is a principle of conduct governing the activities of the business. Business should conduct its activities in an ethical manner in order to earn profit and reputation. It helps to decide what is correct and what is incorrect in case of business. Business ethics is codes of principles and values that govern decisions and decision made in the business.

To Identify: The way the behavior of company would affect profits and employment of the company.

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Chapter 15 Homework 13 Saved Help Save & Exit Submit Part 1 of 2 0.83 points eBook Ask Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 49,000 24,400 73,400 9,420 $ 82,820 c. Time tickets show the following labor used for the month. Print References Job 201 $ 40,000 Job 202 13,400 Total direct labor 53,400 25,000 $ 78,400 Indirect labor Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $166,160 on credit. g. Incurred the following actual other…

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Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000; Costs = $2, 173,000; Other expenses = $187,400; Depreciation expense = $79,000; Interest expense= $53,555; Taxes $76,000; Dividends $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital (325 marks)