Your company has grown from a national to a multi-national entity. How have your ethical responsibilities changed? To whom do you owe these responsibilities?
As the text makes clear in the section titled "When Ethics Travel," practices regarded as ethically unacceptable in the United States may be common practice in foreign countries. Students should discuss the fact that ethical responsibilities are owed to all affected including citizens and employees of a host country.
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The current and quick ratios have two limitations. These ratios
a. emphasize the ineffectiveness of analysts' calculations, and focus on liquid assets at a point in time instead of a period of time. b. focus on cash instead of working capital, and they represent a point in time instead of covering a period of time. c. focus on working capital instead of cash, and they represent a point in time instead of covering a period of time. d. are ignored by most creditors, and focus on working capital instead of cash.
During ________ testing, the company's technical people observe how customers use the product, a practice that often exposes unanticipated problems of safety and servicing and alerts the company to customer training and servicing requirements
A) beta B) research C) sales-wave D) alpha E) simulated
ETG Inc, shipped and billed a heavy duty printer for $16,000 . The cost of manufacturing the printer was $12,000 . Which of the following would be one of the journal entries required to record this transaction?
a. Finished Goods 12,000; Work in Process 12,000 b. Cost of Goods Sold 12,000; Finished Goods 12,000 c. Accounts Receivable 12,000; Sales 12,000 d. Finished Goods 18,000; Sales 18,000
Which of the following is an example of a distributorship franchise?
A. a Pepsi-Cola factory B. a KFC outlet C. Hilton Hotels and Resorts D. Volkswagen dealership