Naked Sports Gear's dedication to its customers, employees, and the environment is an example of:
A. a sustainable small business.
B. ethical relativism.
C. social entrepreneurship.
D. ethical imperialism.
Answer: A
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Indicate whether the statement is true or false.
Pierce Corp identified the following data in preparing a bank reconciliation on October 31, 2014. Bank statement balance $29,600 Pierce's book balance (before adjustments) ? Outstanding checks 3,100 NSF checks 300 Service charges 200 Deposits in transit 2,200 Interest earned on checking account 100 How much is Pierce's adjusted cash balance on October 31, 2014?
a. $28,700 b. $29,100 c. $28,300 d. $29,600
Exhibit 11-03 ? ? On January 1, 2016, Wheeler, Inc purchased some equipment for $3,900. The equipment had an estimated life of five years and an expected residual value of $200. On July, 1, 2018, the equipment was sold for $1,000. Wheeler uses straight-line depreciation. Refer to Exhibit 11-03, what is the amount of depreciation expense that needs to be brought up to date prior to the sale?
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Which of the following generally represents a large percentage of total costs in service business?
a. Machinery b. Labor c. Automated production equipment d. Logistics