Ethics
LC1: Contribution Margin and Break-Even Point
The contribution margin is the difference between a company's sales and its variable costs (Peavler, 2014). It measures a company's ability to maintain its variable costs at low levels. In other words, it shows the amount of money a company has to pay off its fixed expenses after all variable expenses have been settled. It also measures the amount of sales revenue that, after fixed costs have been deducted, contributes to the net operating loss or profit of the company. Thus:
Contribution margin = sales revenue -- variable costs
The per-unit contribution margin is calculated as;
Per-unit contribution margin = per-unit sales revenue -- variable costs per unit
The business' net operating profit or loss = contribution margin -- fixed costs
The break-even point is the amount of sales at which the sales revenue equals the total fixed and variable expenses, such that the company just breaks even, making neither profits nor losses. In terms of contribution margin, it is the level of sales at which the contribution margin equals fixed costs, and hence, the net operating profit or loss is zero (Peavler, 2014). Thus;
The break-even point in units = total fixed costs/contribution margin per unit.
5 LC2: Preparing Financial Statements on a Pro-Forma Basis
In this case, therefore, the departmental tram could choose to prepare a pro-forma income statement in addition to the GAAP-adjusted statement; and since pro-forma statements are not guided by such strict regulations, any cost items that would reduce the level of reported earnings could be stripped off. This way, the department's earnings would appear better than they actually are; and the team can then convince the managers that even if they did not meet the GAAP-adjusted financial expectations, at least they were able to meet the pro-forma expectations.
6 LC1: Equity Feminism
Equity feminists argue that men and women are equal and should be treated as equals, with equal access to work and opportunities (Anne, 2013). The key benefit of this approach is its ability to bring about amicable and fair solutions in real-life disputes, thereby preventing a situation where…
Deontological theory might criticize Guido's choice if the initial assumptions included the rule prohibiting lying. However, deontological analysis is only as useful as the underlying rules with respect to which it is applied. Therefore, the solution to the deontological issues raised by the issue presented by the movie is simply to reformulate a less restrictive rule that is incapable of being applied to every situation. Instead of proposing the rule
Cyber Ethics, Morality, and Law Annotated Bibliography A lot security and privacy issues have attracted the attention of many individuals with the coming internet communication and cyber-wars. World leaders caution that the cyber threat to the country is a standout amongst the most national and economic challenges security challenges we confront. This has also raised numerous concerns regarding the legal parameters of cyber activities like the standards relevant to cyber war
Nathaniel Hawthorne's beliefs concerning ethics, morality, and guilt as made evident in one of these stories. Consider how beliefs affect characterization, setting, plotting, and theme. In the story of Rappaccini's daughter, the narrator becomes infatuated with a young woman whose life literally has become poisoned, because of her father's influence. Unlike a conventional Christian system of morality, as is typical of most of the author's other tales, the girl is
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.." And "The probability that my peers would undertake the same action is...." It is the difference in the responses given to these two questions, as captured on a seven point Likert scale, that is the measure of the social desirability response bias. (Tyson: 1992; Cohen et al.: 1995, 1996, 2001). Many studies have been done on the role and correlation between moral development and ethical decision making as it applies
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