Select the capital sources for corporations.
Solution and Explanation:
Particulars 2018 2017 2016
Revenues (a) 36,397 34,350 32,376
Cost of sales (b) 20,441 19,038 17,045
Gross profit (c) = (a) - (b) 15,956 15,312 14,971
Gross margin ration
43.8% 44.6% 46.2%
Monetary 2018 Compared to Fiscal 2017
For monetary 2018, our merged gross edge was 80 premise focuses lower than financial 2017, essentially mirroring the accompanying components:
• Unfavorable changes in net outside cash trade rates, including supports (diminishing gross edge roughly 90 premise focuses);
• Lower NIKE Direct edge (diminishing gross edge roughly 10 premise focuses) reflecting higher blend of off-value deals in the principal half of financial 2018, which was in part balanced by edge extension in the second 50% of monetary 2018;
• NIKE Brand the maximum ASP, net of limits, on a discount proportionate premise, which was level for financial 2018 as higher limits in the principal half of monetary 2018 were counterbalanced by higher the maximum ASP in the second 50% of the year; and
• NIKE Brand item costs, on a discount equal premise, which were level.
Financial 2017 Compared to Fiscal 2016
For financial 2017, our merged gross edge was 160 premise focuses lower than monetary 2016, basically determined by the accompanying elements:
• Higher NIKE Brand the maximum ASP, net of limits, on a discount comparable premise (expanding gross edge around 70 premise focuses) lined up with our methodology to convey creative, premium items to the purchaser;
• Higher NIKE Brand item costs (diminishing gross edge roughly 100 premise focuses) as an expansion in the blend of greater expense items and work input cost swelling more than balance lower material information costs;
• Unfavorable changes in net remote money trade rates, including fences (diminishing gross edge around 90 premise focuses); and
• Lower NIKE Direct edges (diminishing gross
Answer:
<u>Perhaps the greatest difficulty with utilitarianism is that it fails to take into account considerations of justice. We can imagine instances where a certain course of action would produce great benefits for society, but they would be clearly unjust.</u><u>Utilitarianism provides a guiding framework of decision making rooted in social benefit which helps direct business toward more ethical behavior. It is the basis for much of our discussion regarding the failures of Enron, Worldcom, and even the subprime mess and Wall Street Meltdown.</u><u>For example, by selling quality and safe products, a business will be increasing its intrinsic value while meeting the needs of their customers at the same time. Back to the concepts of pain and suffering; the ethical position of utilitarianism is that human beings should be happier and have less suffering.</u>