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The management of Clean Corporation is concerned about the growing demand on the part of investors and the public in general for environmental disclosures in annual reports. In reviewing a number of foreign competitors’ annual reports you observe a number of environmental disclosures including; actual and contingent liabilities for the cost of environmental clean-up, corporate programs and policies to protect the environment, and self-assessment reports of internal goals reached with respect to its environmental protection measures. You also notices that some companies include environmental disclosures in their annual reports while others prepare a separate report. The management of Clean is agonizing over the extent and type of environmental disclosures to provide in the company’s next annual report. They have hired a consultant to work along with you to help them establish environmental reporting policies.
a. In your opinion are environmental disclosures in company annual reports necessary? Explain.
b. What specific environmental disclosures should companies provide? Why?
AES was formed in 1996 and hired employees that year. At a meeting in 1997, they expressed concern to an executive that the company was not likely to survive as they used outdated equipment and worked long hours. The trial and appeals court agreed wi..
What is the annual worth of a machine that has a first cost of $10,000, a useful life of 10 years, an annual operating cost of $5,000 per year, and a salvage value of $2,000 at an interest rate of 10% per year?
Oregon has an income tax but no state sales tax, while Washington has no state income tax but does have a state sales tax. Oregon residents can deduct the state taxes they pay (the income tax payments) from their federal income taxes, while Washingto..
In her economics course, Nancy has two exams. Her overall score for the course will be the maximum of her scores on the two exams. Nancy decides to spend a total of 400 minutes studying for these exams. On a graph with x1 on the horizontal axis and x..
Elucidate effect does the current supply and current demand have on this product.
q.recently one of the nations largest consumer electronics retailers began a nationwide television advertising campaign
What do you consider to be the biggest current market failure in the U.S. economy? Why? How should the failure be addressed?
explain the statement that an individual bank has little ability to expand the money supply unless all the other banks
Other things remain the same, what would be the short-run effect of a permanent increase in the Japan’s money supply on the Yen/Dollar (¥/$) exchange rate? What is the impact on the Yen/Dollar (¥/$) exchange rate if real GNP in Japan, due to the stim..
If I were a multinational U.S. corporation who enters into a joint venture in Brazil (with a Brazilian company) to make and sell a product in Brazil---but the currency is dropping against the U.S. dollar, and the economy is in a recession, what does ..
Which of the following rate measures the percentage change in price for a basket of goods and services consumed by a "typical" household --- the consumer price index?
Describe the coefficient of correlation between the two variables. Interpret the value. Is it reasonable to conclude that there is a positive relationship between revenue and occupied rooms.
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