In the _____ sense, ethics provides the basic rules or parameters for conducting any activity in an "acceptable manner."
a. abstract
b. broadest
c. narrowest
d. most concrete
ANSWER: b
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Choice Creations, Inc. sells hand sewn shirts at $58.00 per shirt. It incurs monthly fixed costs of $8000. The contribution margin ratio is calculated to be 30%. What is the variable cost per shirt? (Round any intermediate calculations and your final answer to two decimal places.)
A) $40.60 per shirt B) $75.40 per shirt C) $58.00 per shirt D) $17.40 per shirt
What are the advantages and disadvantages of using broadbanding?
What will be an ideal response?
Atlanta Cement, Inc. buys on terms of 2/15, net 30. It does not take discounts, and it typically pays 65 days after the invoice date. Net purchases amount to $720,000 per year. What is the nominal annual percentage cost of its non-free trade credit, based on a 365-day year?
A. 16.83% B. 14.90% C. 11.17% D. 12.51% E. 14.60%
The term cure refers to the right of the buyer to reject, adjust, or replace nonconforming goods.?
Indicate whether the statement is true or false