Accounts Receivable: Debit = $900‚ Credit = $900. Cost of Goods Sold: Debit = $590‚ Credit = $590. BE6-5: In its first month of operation‚ Moraine Company purchased 100 units of inventory for $6‚ then 200 units for $7‚ and finally 140 units for $8. At the end of the month‚ 180 units remained. Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO. Explain why this amount is referred to as phantom profit. The company uses the periodic method. The cost
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Wal-Mart Unethical Business Practices - Wal-Mart‚ the big giant‚ the place where a lot of people usually do their shopping for the low prices and the variety of products were founded by Sam Walton. Walton was an entrepreneur with an innovative vision started his own company and made it into the leader in discount retailing that it is today. In fact‚ Wal-Mart is considered to be the biggest company in the U.S. and it has stores worldwide. According to PBS‚ “Wal-Mart employs more people than any
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TUI UNIVERSITY Module 2: Case Study‚ Should disabled veterans get preferential treatment over better qualified candidates who are not disabled veterans? Course Number: Ethics 301 Normally‚ when I have written papers in the past I have read the question asked of the professor and roll around the question in my head. I usually respond to the question with a “short answer”‚ which would be “no” or “long answer” which is “yes”‚ and then research the question
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McDonald’s Ethics Or Lack of Ethics Dymirra G. Ambeau Test Drive College McDonald’s was founded in San Bernardino‚ CA in the year 1940 by Richard and Maurice McDonald. The two brothers sold their fast food restaurant to a milk shake salesman named Ray Kroc in the year of 1961. Kroc believed in conformity‚ uniformity and the ethic of mass production. Following the ethic of mass production Kroc began to use frozen beef patties and genetically-modified potatoes to ensure uniform taste. McDonald’s
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principles with everyday business operations and policies and then translates all of this into bottom-line results. For sustainability to be long lasting and useful‚ it must be representative of and integrated into day-to-day corporate activities and corporate performance. If sustainability is seen only as an attempt to provide effective public relations‚ it does not create long-term value and can even be a value destroyer. The key to success is integrating sustainability into business decisions‚ identifying
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References: Bipolar disorder. National Institute of Mental Health. http://www.nimh.nih.gov/health/publications/bipolar-disorder/ Retrieved on February 20‚ 2013. Hall-Flavin DK (expert opinion). Mayo Clinic‚ Rochester‚ Minn. Nov. 8‚ 2011. Hirschfeld RM. Psychiatric Management‚ from "Guideline Watch: Practice Guideline for the Treatment of Patients with Bipolar Disorder‚ 2nd Edition". http://www.psychiatryonline.com/ Retrieved on February 20‚ 2013. Lenzenwenger‚ M.F.‚ Lane‚ M
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Jose Pavon AC1403380 Business Ethics C06.V.9.1 Assignment 4 C061 3/3/15 A right is encouraged by principles of justice and constitutes the legal and institutional order regulating human behavior in society. The basis of the law is social relations which determine its content and character. In other words‚ the law is a set of rules to resolve conflicts within a society. When speaking of law is fundamental to establish who their sources‚ the ideas and the grounds on which one to develop and establish
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Business Research Ethics Tanya Beeler Steve Roussas - RES/351 September 5‚ 2012 Abstract The Tuskegee syphilis study was an unethical research study conducted by the U.S. Public Health Service from 1932 to 1972 on a poor African American community in Tuskegee‚ Alabama. There were 600 men involved including 301 men that had already contracted syphilis and 299 men that had not. The ramifications of the unethical research that was conducted on these men affected their spouses‚ children and the
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CHAPTER 2 BUSINESS ETHICS CONCEPTS & CASES ADITYA AKBAR ENDRY M SINATRYA RIANDIKA SYACHRIAL SELY DWIYANI Based on Business Ethics Manuel G. Velasquez UTILITARIANISM ACTIONS AND POLICIES SHOULD BE EVALUATED ON THE BASIS OF THE BENEFITS AND COSTS THEY WILL IMPOSE ON SOCIETY. THE ONLY MORALLY RIGHT ACTION IN ANY SITUATION IS THAT WHOSE UTILITY IS GREATEST BY COMPARISON TO THE UTILITY OF ALL THE OTHER ALTERNATIVES . we begin with a discussion of apartheid-era South Africa and Caltex‚ an American
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PSY 324 Wk 8 Dropbox Assignme 1. What is more useful for computing and understanding a measure of something‚ the average - or - the standard deviation? The Standard deviation is more useful for computing and understanding the measure of something. For example‚ if you know the standard deviation of a test given to a group of students is 5 and the average is 80‚ this tells you much more information than just having the average score. If on the other hand the standard deviation is 20 and
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