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Talia, store manager for Best Value Foods, learned that the store's commercial freezer failed overnight, and, for several hours, the frozen foods reached temperatures that were potentially unsafe. She decided to discard the food, at cost of many thousands of dollars, because she believed it was the right thing to do; the health of consumers was at stake. Talia used ________ as an ethical system to make her decision.
Fiscal Year
It is a one-year period that companies and governments use for financial reporting and budgeting, which does not necessarily align with the calendar year.
Cash Dividends
Disbursements from a corporation's earnings made to its shareholders, often as a share of profits.
Common Stock
A type of equity security that represents ownership in a corporation, with holders typically having voting rights and potentially receiving dividends.
Balance Sheet
An exposition on a company's assets, its financial responsibilities, and the equity owned by shareholders, documented at a fixed point in time.
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