Why Would Antonio's Actions in Reading Section 2

question 3

Essay

Why would Antonio's actions in reading section 2.6, "Going into Business," be considered moral from an act utilitarian standpoint?

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Definitions:

Income Taxes

Government-imposed charges on the income earned by individuals and businesses, calculated according to tax laws.

Capital Expenditures

Expenses for acquiring physical assets or making upgrades to existing ones, which are expected to provide benefits over a long period.

Direct Method

A technique used in cost accounting to allocate service department costs directly to production departments without considering service department interactions.

Operating Activities

The day-to-day tasks involved in managing a business which include production, sales, and the purchase of inventory.