What do profits and losses tell a firm? How does profit margin serve a social function?...

What do profits and losses tell a firm? How does profit margin serve a social function? How does Milton Friedman’s essay The Social Responsibility of Business is to Maximize its Profits address this problem? Is Friedman right? What are some limitations to his approach?

Expert Solution

Rahul Sunny answered 2 years ago

Analyze the following ratios. What does the NET PROFIT MARGIN RATIO tell about this company? Are...

Analyze the following ratios. What does the NET PROFIT MARGIN RATIO tell about this company? Are the trends getting better or worse? Why or why not? Would you recommend purchase of this stock? Why or why not? Please explain your answers. Net Profit 2016 2017 2018 Margin Ratio 10.91 8.97 8.71 What does the RETURN ON TOTAL ASSETS RATIO tell about this company? Are the trends getting better or worse? Why or why not? Would you recommend purchase of this...

What is the function (what is it, what does it do, how does it do it)...

What is the function (what is it, what does it do, how does it do it) of a defrost high limit thermostat and a defrost termination thermostat?

what is an ER signal sequence and what function does it serve?

Explain what is meant by the “driven right leg” circuit. What function does it serve? How...

Explain what is meant by the “driven right leg” circuit. What function does it serve? How is it modeled (include a figure) in a circuit schematic?

What role do PROFITS play in a perfectly competitive market? What role do LOSSES play in...

What role do PROFITS play in a perfectly competitive market? What role do LOSSES play in a perfectly competitive market?

What are the purposes of foreign policy interest groups? How do they serve a gatekeeping function...

What are the purposes of foreign policy interest groups? How do they serve a gatekeeping function between the government and the public?

What function does an internal ribosomal entry site serve?

14. What function does an internal ribosomal entry site serve? a. as a way to translate polycistronic mRNA in eukaryotes that carries the genes for multiple subunits of a protein b. as a protease cleavage site in between two proteins expressed on one transcript c. as a way to control the expression of two different proteins d. as a way to differentially express two proteins on the same transcript e. none of the above 15. Which factor affects which protein expression system to utilize? a. cost b. ability...

(a) How do you find the second derivative of a function? (b) If both are positive numbers, what does that tell you about the function itself?

(a) How do you find the second derivative of a function? (b) If both are positive numbers, what does that tell you about the function itself? (c) If we know that a function is increasing, but at a decreasing rate, what does that say about the first and second derivatives? (d) Come up with a function where the first and second derivatives are non-zero but the third derivative is zero.

What is the service profit chain and how does it function within businesses?

What is a social welfare function and what does it represent? How and why might a...

What is a social welfare function and what does it represent? How and why might a social welfare function differ when using an efficiency standard versus a safety standard versus a sustainability standard? Explain in terms of fairness weights.

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