Ethics are developed through culture, values, and the ________ system of the individual with influences from family and society

A) thought
B) belief
C) political
D) corporate

B

Business

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The Durbin-Watson statistic for a data set gives a value of 0. This means that ________

A) the errors for each value of X are normally distributed B) the data exhibits autocorrelation C) a curvilinear regression model should be used for the data D) the data is heteroscedastic

Business

Chen's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $175,000 Purchases 90,000 Inventory (beginning) 23,000 Inventory (ending) 17,000 Purchase returns and allowances 3,000 Purchase discounts 7,000 Transportation-in 4,000 Sales discounts 8,000 Sales returns and allowances 5,000 Refer to the account information

for Chen's Department Store. Determine Chen's gross profit. a. $68,000 b. $72,000 c. $78,000 d. $85,000

Business