Answer: For 2014, Korte would report comprehensive income of $341,000.
Explanation:
Korte Company
Comprehensive income statement for 2014 (extract)
Sales revenue $1,500,000
Cost of goods sold (1,050,000)
Gross profit 450,000
Operating expenses (165,000)
<em>Other income:</em>
Unrealised gain on AFS securities 50,000
Dividends received 6,000
Comprehensive income $341,000
<u>Answer:</u> A. Moral relativism
<u>Explanation:</u>
Moral relativism means the moral judgement made by people based on their differences such as culture or country, it denotes that there is no one method where people can decide what is right and what is wrong.
The four types of moral relativism are naive relativism, cultural relativism, role relativism and social relativism. Naive relativism means individuals can have own moral values. Cultural relativism means people should not judge based on one's culture. Role relativism means a person with job role should not make judgments on others beliefs.
<span>It is the organization, the Board of Governors, a federal government agency, which provides to the Federal Reserve System its leadership. The Board of Governors is made up of seven members which have been U.S.President-appointed as well as confirmed by the United States Senate.</span>
