In a 2011 survey by the Ethics Resource Center, ________
A) only two percent said CEOs were "very trustworthy"
B) about two thirds said wrongdoing was not widespread in industry
C) one-third of U.S. employees said their own managers "didn't exercise ethical behavior"
D) about half said CEOs deserve what others might call "exorbitant" compensation
C
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Which of the following invests funds into a business and is considered an owner?
a. Bankers b. Creditors c. Stockholders d. Lenders
Bond sinking fund earnings are
a. subtracted from the bond sinking fund; b. added to the bond sinking fund; c. subtracted from the current year's interest expense; d. added to the current year's interest expense; e. subtracted from retained earnings
A valence shell is best described as
A. the volume of space in which electrons are most often found. B. the electron shell closest to the nucleus. C. the outermost electron shell of an atom. D. the original energy level of electrons in photosynthesis.
Outlook Department Store's accounts receivable balance after posting net collections from customers for 2012 is $180,000. The customers took advantage of sales discounts of $15,000. Management aged the accounts receivable and estimate for uncollected account percentages as follows: $90,000 Current at 2% $50,000 1-30 days past due at 5% $30,000 31-60 days past due at 10% $10,000 60+ days past due
at 25% The net realizable value of the accounts receivable is: A) $173,200. B) $170,200. C) $172,700. D) $180,000.