Scholarly journal reference

Assignment Help Accounting Basics
Reference no: EM13309546

Documents uncovered after the Exxon Valdez oil spill in Alaska revealed that Exxon could have used double-hulled oil tankers that would have prevented the spill, but the cost of refitting their fleet of single-hulled tankers was considered too high. Exxon determined that the cost of cleaning up an oil spill would be less than the cost of refitting the ships, thus increasing shareholder value. Several years after the oil spill, however, Exxon was fined billions of dollars for the spill. How do the costs of the clean up and the fines pertain to a discussion of maximizing shareholder value and ethical responsibility?

Instructions: Your initial response should be at least 250-words with at least one scholarly journal reference. Support your main response with at least 1 scholarly journal reference

Reference no: EM13309546

Questions Cloud

Compute the heading of the plane with respect to the ground : You are on an airplane traveling 30 ° south of due west at 100 m/s with respect to the air. What is the heading of the plane with respect to the ground
Design assumptions for a rapid-mix tank have been made : Your boss has assigned you the job of designing a rapid-mix tank for the new water treatment plant for the town of Waffle. The design flow rate is 0.050 m^3/s. The average water temperature is 8 degrees celcius.
Evaluate the amount of hno2 present in solution : A solution containing HNO2 has pH=3.40 at equilibrium. Calculate the amount of HNO2 present in 575ml of this solution Ka=0.0004 answer is 0.01 g of HNO2
In designing the layout for an orthopedic hospital : In designing the layout for an orthopedic hospital, describe how the design might be affected by the most important flow component being designated to be either patients, doctors, nurses, or access to expensive diagnostic equipment such as x-ray, cat..
Scholarly journal reference : Instructions: Your initial response should be at least 250-words with at least one scholarly journal reference. Support your main response with at least 1 scholarly journal reference
Determine how to calculate ph of water at 25 degrees : How do you calculate pH of water at 25 degrees that contains 0.6580mg/l carbonic acid. Assume that [H+] =[HCO3-]at equilibriumand ignore the dissociation of water.
What is your opinion about mental health care : What is your opinion about mental health care? Should its aim be to identify and label the disease and prescribe drugs or therapy? Or should it be “to treat the person and not the disease?
What is the present worth in year 0 of the profit : An entrepreneurial new civil engineering graduate started a lab for testing endocrine disrupting compounds. The lab just broke even the first year, but in years 2 through 5, it made a profit of $97,000 each year.
Discuss time value of money and its importance : 1. Discuss time value of money and its importance. Explain the relationship of discounting and compounding. Suppose you were considering depositing your savings in one of three banks, all of which pay 5 percent interest; bank A compounds annu..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determining the realized gain

Anne sold her home for 290,000 in 2010. Selling expenses were $17,400. She had purchased it in 2003 for $290,000. During the period of ownership. Anne had done the following:

  Actions would reduce its need to issue new common stock

Bankston Corporation forecasts that if all of its existing financial policies are followed, its proposed capital budget would be so large that it would have to issue new common stock.  Since new stock has a higher cost than retained earnings, Banksto..

  Determining attractive investments

Management is unsure about how much additional ticket revenue the new ride would generate particularly since customers pay a flat fee when they enter the park that entitles them to unlimited rides. hopefully, the presence of the ride would attract..

  What would be the break even-point in units and sales

Steins would cost $15.00 each with a minimum order of 200 steins. If the venture is undertaken and a order is placed for 200 steins what would be the break even-point in units and sales?

  Net income under absorption costing

Standard variable manufacturing costs were $15 per unit, and total budgeted fixed manufacturing overhead was $150,000. If there were no variances, net income under absorption costing would be:

  Measurement of the pension obligation

Alternative methods exist for the measurement of the pension obligation (liability). Which measure requires the use of future salaries in its computation?

  Classifications of net assets established by fasb statement

What are the three classifications of net assets established by FASB Statement 117?  How are these net assets affected by the existence or absence of donor-imposed restrictions? How are releases of these net assets accomplished?

  Prepare a correct trial balance

Prepare a correct trial balance. (If answer is zero, please enter 0, do not leave any fields blank.)

  Product cost cross subsidization basics

Product-cost cross- subsidization is less likely to occur when: a) a single cost pool is used b) little effort is mae to trace cost objects c) a peanut butter approach is used to allocate overhead d) none of the above

  Percentage-of-completion method of accounting

A company used the percentage-of-completion method of accounting for a four-year contract. Which of the following items would be used to calculate the income recognized in the second year?

  Comparing after-tax income

Sonja is a United States citizen who has worked in Spain for the past 10 months. She received $5,000 a month as compensation. Her employer has offered to extend Sonja's contract to work in Spain for another 5 months at the same rate of pay.

  Equally own real property as joint tenants

Rachel, Bonnie, and Cindy equally own real property as joint tenants. Cindy sells her one-third interest to Debbie. Neither Rachel nor Bonnie consented to this transfer. Both Rachel and Bonnie die before either Cindy or Debbie. What portion of ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd