Which of the following statements is true of the deontological theory of ethics?
A) It evaluates actions as ethically good or bad depending on what they contribute to improving inherent human capacities.
B) It claims that actions can be judged ethically good or bad on the basis of absolute moral principles arrived at by human reason.
C) It asserts that humans would arrive by reason alone at standards of conduct that ultimately derive from a divine being.
D) It uses the principle of utility (adding up the costs and benefits of an act to arrive at net happiness) to focus on an individual action at one point in time.
B
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_____________ products are relatively inexpensive and merit little shopping effort
Fill in the blank(s) with the appropriate word(s).
The following information relates to Newman and Foster, Inc
Sales Revenue $240,000 Cost of Goods Sold 150,000 Interest Revenue 12,000 Operating Expenses 42,500 Sales Discounts 18,000 Sales Returns and Allowances 7,000 Calculate the net income of Newman and Foster. A) $22,500 B) $34,500 C) $77,500 D) $240,000