The United Shoe Company (USC) Does Not Extend Credit to Any

question 45

Multiple Choice

The United Shoe Company (USC) does not extend credit to any retail shoe store with a "Fair" or "Limited" Dun and Bradstreet credit rating.As a result of this policy the company loses $36,500,000 in sales each year.Based on prior experience with these types of customers, USC estimates that the average collection period would be 120 days and the bad-debt loss ratio would be 10%.The firm's variable cost ratio is 0.75.USC's required pretax return on receivables investments is 18%.Determine the net change in pretax profits of extending credit to these retail shoe stores.(Assume 365 days per year in any calculations.)

• A)$9,125,000
• B)$3,315,000
• C)-$1,095,000
• D)$2,160,000

Assess the impact of social control and capitalism on societal development.

Understand the effects of complex industrial societies on social control and conformity.

Examine gender dynamics in crime rates and victimization.

Analyze the criminalization process through conflict theories.

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Definitions:

Induction

The process of initiating or causing something to happen, often used in contexts like labor in childbirth or reasoning in logic.

Unacceptable Behavior

Actions or conduct deemed inappropriate or offensive according to societal standards, norms, or expectations.

Unquestioning Obedience

The act of following orders or directions without questioning or expressing any doubts.

Authoritarian

A leadership or parenting style characterized by strict rules, high expectations, and minimal emotional warmth or feedback.