The utilitarian philosophy for business ethics primarily focuses on: a. adopting the ethics of the culture in which a business operates. b. weighing the benefits, costs, and risks associated with a course of action. c. ensuring justified treatment of any minority. d. applying home-country standards of ethics in foreign countries. e. maximizing business profits by increasing employee productivity.

1. gar principles or "the principles"are intended to do what?

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Which feature is a characteristic of a corporation?