User Account

All Pages

What is the implied meaning of reasonable profit

Assignment Help Financial Accounting
Reference no: EM132922058

Question - Profit is a key measure of firm performance. Recently investors in the capital markets depend on firm's EPS figures to evaluate firm's profitability. In the article of "Pacioli", he suggested that profit should be pursued in honest and lawful ways. In addition, he discussed about "reasonable profit". Although he did not define it, we discussed a definition of "reasonable profit" based on firm's mission or goals.

1. What is the implied meaning of "reasonable profit" we discussed? How is the profit associated to "business goals or mission"? 

2. What is "corporate social responsibility (CSR)"? How is CSR related to the implied meaning of "reasonable profit"?

Reference no: EM132922058

Questions Cloud

Explains the organizational strategy for expanding company : Write an Executive Summary that explains the organizational strategy for expanding company operations to this particular country.
How high can the discount rate be : A project that costs $3,300 to install will provide annual cash flows of $950 for each of the next 6 years. How high can the discount rate be
Source of controversy throughout united states : Over the years, Common Core has been source of controversy throughout the United States.
Utilize critical thinking to identify the problem or issue : Determine whether the potential threat needs to be addressed utilizing creative thinking or if maintaining the status quo will suffice.
What is the implied meaning of reasonable profit : What is the implied meaning of "reasonable profit" we discussed? How is the profit associated to "business goals or mission"
Use for a problem-solving framework : Considering the various tools-graphics tools, knowledge-based tools, and so on-that the author discussed in the textbook, determine which type of tool you would
Developing emergency management leader : As a developing emergency management leader at your new place of work you are told by your director that disasters are often occasions for learning and plans ar
How general education courses have influenced ethical values : Explain what it means to be ethical as it relates to personal? How general education courses have influenced your ethical values.
Arizona global campus library : Explain how using the University of Arizona Global Campus Library has improved your experience in conducting research.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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