What type of labor situation may pose ethical issues to US firms?
a. Child labor
b. Prison labor
c. Unsafe labor conditions
d. All of the above
d
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What does the phrase, "Revenue is recognized when earned" mean?
A) Revenue is recorded in the accounting records when the goods are received from a supplier, and reported on the income statement when sold to the customer. B) Revenue is recorded in the accounting records and reported on the income statement when the cash is received from the customer. C) Revenue is recorded in the accounting records when the goods are sold to a customer, and reported on the income statement when the cash payment is received from the customer. D) Revenue is recorded in the accounting records and reported on the income statement when goods are sold and delivered to a customer.
From the information provided, calculate Giuseppe's profit margin ratio for each of the three years. Comment on the results, assuming that the industry average for the profit margin ratio is 6% for each of the three years.
What will be an ideal response?
Which of the following workers is the most productive?
A) $50 wages, 10 parts produced B) $10 wages, 1 part produced C) $30 wages, 5 parts produced D) $100 wages, 21 parts produced E) $500 wages, 100 parts produced
In general terms, describe the difference between a general linear regression model and a trend projection
What will be an ideal response?