The Ethical Trading Initiative (ETI) does NOT include which of the following:

a. Workers receive a 30 minute break for an 8 hour shift
b. Working hours are not excessive
c. Regular employment is provided
d. Freedom of association and the right to collective bargaining are respected


a

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Based on the following information: Credit sales $172,000 Collections on accounts receivable during the year 170,000 Cash sales 810,000 Unadjusted debit balance in Allowance for Doubtful Accounts 40 Sales returns and allowances for credit sales 2,000 Accounts receivable, beginning of the year 14,000 If expected bad debts are estimated to be 1 1/2% of ending accounts receivable, the adjusting

entry to recognize bad debts will include a debit to Bad Debt Expense for A) $170 B) $190 C) $210 D) $250

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Which of the following rewards consumers for repeat purchases of a product or brand?

A) trial offers B) loyalty programs C) rebates D) exhibits E) advertising allowances

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A company had net cash flows from operations of $120,000, cash flows from financing of $330,000, total cash flows of $500,000, and average total assets of $2,500,000. The cash flow on total assets ratio equals:

A. 5.0%. B. 4.8%. C. 20.8%. D. 20.0%. E. 24.0%.

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Pay compression occurs when the pay differences among individuals with different experience and performance levels become small.

Answer the following statement true (T) or false (F)

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