Use the Information Below to Answer the Following Questions

question 2

Multiple Choice

Use the information below to answer the following questions.
Saddle Company, a leather manufacturer, has a sales budget of $500,000 for February. The cost of sales is estimated to be 35% of sales. All materials purchased by Saddle Company are paid for in the month following the purchase. The beginning inventory for February is $10,000, and an ending inventory of $11,000 is desired. The trade payables balance at the beginning of February is $88,000.
-Refer to the information above. The ending balance in Trade payables for February is expected to be:

• A) $197,000
• B) $175,000
• C) $176,000
• D) $186,000

Understand the implications of cultural differences on ethical standards and practices in international business settings.

Examine the impact of personal and organizational ethics on corporate reputation and legal compliance.

Explore the ethical considerations in managing workplace diversity and maintaining confidentiality.

Assess the role of formal codes of ethics in guiding employee behavior and resolving ethical dilemmas.

---

Definitions:

Random Sample

A subset of a statistical population in which each member of the subset has an equal probability of being chosen.

Validity Establishment

The process of demonstrating that an assessment or study measures what it is intended to measure and is applicable for its intended purpose.

Generalization

The process of extending the findings from a study to larger or different populations beyond the original sample.

Participant Pool

The group of individuals from which research participants are selected, crucial for the representativeness and validity of a study.