The role of corporate ethics guidelines and policies. Introduction: Corporate is a particular legal entity that separates from its owners. In this form of business where the owners specify certain governing rules to undertake the business in a contract knows as the articles of incorporation. Ethics guidelines and policies are standards or norms for the performance of the business. It is technically termed as business ethics .

Question

The Fortune Company is considering a new investment. Financial projections for the investment are tabulated below. The corporate tax rate is 24 percent. Assume all sales revenue is received in cash, all operating costs and income taxes are paid in cash, and all cash flows occur at the end of the year. All net working capital is recovered at the end of the project. Year 0 Year 1 Year 2 Year 3 Year 4 Investment $ 28,000 Sales revenue $ 14,500 $ 15,000 $ 15,500 $ 12,500 Operating costs 3,100 3,200 3,300 2,500 Depreciation 7,000 7,000 7,000 7,000 Net working capital spending 340 390 440 340 ?

Answer 1

Question

Chapter 1.2, Problem 1.10RQ

Summary Introduction

To discuss: The role of corporate ethics guidelines and policies.

Introduction:

Corporate is a particular legal entity that separates from its owners. In this form of business where the owners specify certain governing rules to undertake the business in a contract knows as the articles of incorporation.

Ethics guidelines and policies are standards or norms for the performance of the business. It is technically termed as business ethics.

Summary Introduction

To discuss: The relationship between ethics and share price.

Introduction:

The share price is a price of a share on the number of saleable stock of a firm.

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