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a) In announcing its third quarter results, Prime Manufacturing reported a decline in revenue of $26.43 million representing a 3.65% decrease from the second quarter. Rounded to the nearest $0.01 million, what is the third quarter's revenue?
b) Prime also announced that, over the next six months, it will reduce its workforce by 4.5% to 8,500 through attrition and retirement incentives. What will be the actual number of people leaving?
Natural Law
The philosophy proposing that certain rights or values are inherent by virtue of human nature and universally cognizable through human reason.
Market Value Ethics
Ethical considerations and guidelines regarding how goods and services are valued and exchanged in the market, emphasizing fairness, transparency, and honesty in business practices.
Michael Sandel
An American political philosopher and a professor at Harvard University, known for his writings and lectures on justice and moral philosophy.
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