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Lady bird [3.3K]
3 years ago
5

In some developing countries, children work in factories when they are 8 or 9 years old. The United States has strict child labo

r laws that prohibit the use of young children in factories. Americans believe that exploiting children is immoral. Which of the following statements is true of morals?
a. They are independent of factors such as culture and religion.
b. They reflect the laws and regulations that affect social and economic behavior.
c. They are universal and seldom vary.
d. They set absolute standards for good and bad that are enforced by the law.
Business
1 answer:
Katena32 [7]3 years ago
3 0

Answer:

b. They reflect the laws and regulations that affect social and economic behavior.

Explanation:

Morals are not universal and vary greatly depending on the underlying culture and religion. Even still in each civilization, there are many grey areas in the concept of morals. One thing that seems to be constant is that they reflect the laws and regulations that affect social and economic behavior. In this scenario, some developing countries believe that using children as a cheaper form of labor is fine since the children are getting paid and therefore, there are no laws prohibiting this action so people see it as morally correct. While other countries that see it as morally wrong have laws and regulations to prevent people from performing such actions. These laws and regulations are a form of dictating social and economic behavior by stating that it is morally wrong.

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DS Unlimited has the following transactions during August.
stealth61 [152]

Solution:

Inventory                  21,320 debit

        A/P                                            21,320 credit

--to record purchase from Game Girl --

Inventory                   360 debit

       Cash                                           360 credit

--to record the freight-in--

A/P                            1,560 debit

    Inventory                                     1,560 credit

--to record returned goods to GameGirl--

A/P                          19,760 debit

      Inventory                                       395 credit

      Cash                                           19,365 credit

--to record payment to GameGirl--

accounts receivables       17,360 debit

             sales revenues                         17,360 credit

COGS                               8,406 debit

                                                              8,406 credit

--to record sale and subsequent cost of the sale--

total amount of the purchase in dollars:

82 game devices x 260 dollars each = 21,320

six returned devices:

6 x 260 = 1,560

invoice balance: 21,320 - 1,560 = 19,760

discount because payment within the first ten days:

19,760 x 2% = 395

final value: 19,760 - 395 = 19,365

sale of 62 devices at 280 = 17,360

4 0
3 years ago
Your self-concept, personality type, and learning styles all affect your _____.
lyudmila [28]
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4 0
3 years ago
Read 2 more answers
A single-price monopoly is producing at an output level where marginal revenue is $15, marginal cost is $13, and price is $20. T
s344n2d4d5 [400]

The monopoly is maximizing its profit but still should decrease output to earn even more profit. A market structure characterized by a single seller selling a market-exclusive product. The seller has no competition in a monopoly market because he is the sole seller of goods with no close substitute.

The  Monopoly occurs when one market is the sole provider of phone service in a given area. A cat is the only pet that can be aloof, which is an example of monopoly. A monopoly is a phone company that is the only provider of phone service in a given area.

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7 0
1 year ago
If fair use applies, it is not necessary to cite the sources of the visual and audio materials in your slide show.
Minchanka [31]
This statement is false.
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5 0
3 years ago
Southern Wear stock has an expected return of 15.1 percent. The stock is expected to lose 8 percent in a recession and earn 18 p
Scilla [17]

Answer:

15.26%

Explanation:

Let the expected return if economy is normal be X

Expected return ; E(R) = SUM(probability. *return)

E(R) =15.1% OR 0.151 as a decimal

RECESSION: (probability. *return) = -0.08 * 0.02 = -0.0016

NORMAL: (probability. *return) = 0.87 *X = 0.87X

BOOM: (probability. *return) = 0.11 *0.18 = 0.0198

Next, sum the three returns and equate them to 0.151;

-0.0016 + 0.87X + 0.0198 = 0.151

0.87X + 0.0182 = 0.151

Subtract 0.0182 from both sides;

0.87X = 0.151 - 0.0182

0.87X = 0.1328

Divide both sides by 0.87 to solve for X;

X = 0.1526 as a decimal or 15.26%

Therefore, expected return if economy is normal is 15.26%

3 0
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