Star Health, Inc is a fitness center in Oklahoma City
In October, the company earned
$550,000 in revenues and incurred the following operating costs from 340 customers:
Manager's salary $50,000
Gym Rent 60,000
Depreciation Expense-Equipment 25,000
Office Supplies Expense 30,000
Utilities Expense 89,700
Trainer's Salary 25,000
Required: Prepare Star Health's income statement for the month of October.
What will be an ideal response
Revenue
Service Revenue $550,000
Expenses
Manager's salary $50,000
Gym Rent 60,000
Depreciation Expense—Equipment 25,000
Office Supplies 30,000
Utilities Expense 89,700
Trainer's Salary 25,000
Total Expenses 279,700
Operating Income $270,300
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A system of shared beliefs and values that develops within an organization and guides the behavior of its members is called organizational ______.
Fill in the blank(s) with the appropriate word(s).
Alain planned to apply to law school after he graduated from CSUF with his undergraduate degree in June. He knew that, to be considered for the best lawyer jobs, he needed to go to a top law school. In order to improve his chances of being accepted to a top law school, Alain hacked into the CSUF computer system (which violated several laws) and changed all of his grades to A's (he had a 3.27 GPA). Based on his 4.0 GPA and a good LSAT score, he was accepted at top law schools such as UCLA, USC and Loyola. Which ethical principle did Alain use to justify his hacking?
A. Golden Rule. B. Conventionalist ethic. C. End-means ethic. D. Might-Equals-Right ethic.