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Acme Auto Repair developed a new diagnostic testing procedure that is expected to increase sales by $10,000 per month.As more drivers bring in their vehicles,Acme expects to also do more oil changes and brake repairs.As a result,inventory levels of oil and brake parts must be increased by $5,000.Revenues from oil changes and brake jobs are expected to increase by $4,000 per month.An example of an increase in net working capital requirements from the new diagnostic testing procedure is the
Universal Moral Rules
Fundamental ethical principles that are widely accepted and applied across different cultures and societies.
Categorical Imperative
A central concept in the moral philosophy of Immanuel Kant that dictates an action is morally right if it can be universally applied.
Lies
False statements made with the deliberate intention to deceive; an intentional untruth.
Prima Facie Duty
An obligation that appears to be binding upon first view, but may be overridden by stronger moral considerations.
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