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Balsam Corporation is concerned about their current bad debt ratio of 9%. The CFO believes imposing a more stringent credit policy may reduce sales by 8% and reduce the bad debt ratio to 6%. If the cost of goods sold is 85% of the selling price, determine if the new policy should be undertaken.

A) Do not undertake; decrease of 34% in profits B) Undertake; increase of 38% in profits C) Do not undertake; decrease of 36% in profits D) Undertake; i

Conversion, embezzlement, and padded payroll are:

A. crimes without a victim. B. examples of interference with business relations C. types of breach of contract. D. forms of employee theft.