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wolverine [178]
3 years ago
13

Eric, the owner of a struggling business that supplies fresh product to restaurants, is faced with a decision that will mean eit

her the collapse of his business or perhaps the success of his business: Should he fill customer orders for produce with some older produce mixed in with the fresh produce
Business
2 answers:
Sloan [31]3 years ago
5 0

Answer: He should go with the ethically correct option which is not to mix the older produce with the newer one.

Explanation:

In ethical dilemmas especially ones involving business it is best to go for the ethically right option. Unethical decisions can give short term results but they are almost always caught out in the future meaning that the business faces ruin in the future. Using the cases of Enron and Worldcom as examples where the companies engaged in unethical accounting conduct that guaranteed short term success, their fall from grace showed that unethical decisions are not sustainable.

With this in mind he should not mix the produce for his business to survive because there is a high chance he will reject it in future.

zaharov [31]3 years ago
3 0

Answer:

Yes, this is an ethical dilemma because no choice is 100% right or wrong, and both choices are basically undesirable and equally bad.

Explanation:

Eric has two options:

  1. Keep selling his products like he has been doing so far, i.e. not mixing older products with fresh products, but most probably will go bankrupt and will have to close his business.
  2. Start to save some money by mixing older products with fresh products and hopefully he will be able to save his business, but he will be cheating on his clients and that will eventually come back to bite him.

If he chooses option one, he will probably have to close his business, and if he chooses option two, he will be doing something bad that may eventually cause him to close down also.  

It is easy to say that Eric should do the right thing and sink with the ship, but what if your were Eric? There is an old Cheyenne saying "don't judge a man until you've walked two moons with his moccasins (shoes)".

Eric needs to balance out what is best for him and what is the correct thing to do, and if possible try to come up with a third alternative that isn't so disastrous.

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Cushing Manufacturing assigns overhead based on machine hours. The MillingDepartment logs 1,800 machine hours and Cutting Depart
morpeh [17]

Answer:

Explanation:

The journal entry is shown below:

Milling work in progress A/c Dr $9,000

Cutting work in progress A/c Dr $15,000

     To Manufacturing overhead A/c             $24,000

(Being overhead allocation is recorded)

The milling work in progress is computed by

= Milling department machine-hours × $ overhead rate

= 1,800 machine hours × $5

= $9,000

And, The cutting work in progress is computed by

= Cutting department machine-hours × $ overhead rate

= 3,000 machine hours × $5

= $15,000

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3 years ago
What are the fundamentals of a wealthy life?
Alenkinab [10]

Answer:

  • Avoiding debt.
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  • Setting short-term and long-term goals.
  • Investing in yourself.
  • Diversifying your assets.
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8 0
3 years ago
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Ross White wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. He has deter
Vilka [71]

Answer:

See explanations

Explanation:

a. What is the daily demand rate? 2500/365=6.85 per day

b. What is the optimal production quantity? sqrt( 2DCo/Ch)=sqrt(2*2500*25/1.48)= 290.619=291

c. How long will it take to produce the optimal quantity? 291/50=5.82 days

d. How much inventory is sold during the production run time? 6.85*5.82= 40

e. If Ross uses the optimal production quantity, what would be the maximum...

6 0
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The refusal of the US Senate to ratify the ITO's charter "doomed" the International Trade Organization (ITO).
alex41 [277]
Im not sure i think it may be false tho
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If any, which of the following statements is FALSE?A. NPV measures the value created by taking on an investmentB. NPV indicates
dedylja [7]

Answer:

C. NPV is the discounted present value of a project's expected future accounting net income at the required return, subtracting the initial investment.

Explanation:

NPV means Net Present Value, this is calculated by computing the present value of cash returns and not the accounting income, as accounting income takes in account non cash items also, although while computing returns the non cash transactions are not considered.

Therefore the chosen statement which states about accounting income less initial investment is false as even in case the project requires additional mid term investment then that is also considered.

Thus, false statement is

Statement C

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3 years ago
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