Consequentialism- The moral theory most frequently summarized in the words "the end justifies the means," which tends to support the just war theory only until less beneficial means become necessary A state should place an emphasis on state security and self-interest. Moral concepts such as justice cannot be applied to the conduct of international affairs + moral concepts should never prescribe, nor circumscribe, a state's behavior. “Realism” - “All is fair in love and war.” States should act on state interest. Is War Wrong? The School of Thought that says – Wrong Question Militarism: War is not inherently bad + can be a beneficial aspect of society. Pacificism + Absolutism: Certain moral precepts cannot be abandoned.The School of thought that says ALWAYS:.
Calculate McLelland’s gross profit ratio (rounded to two decimal places), inventory turnover ratio (rounded to three decimal places), and the average days to sell inventory (assumeĪ 365-day year and round to two decimal places) using the LIFO inventory costing method.ģ.- E N D - Presentation Transcript Calculate McLelland’s gross profit ratio (rounded to two decimal places), inventory turnover ratio (rounded to three decimal places), and the average days to sell inventory (assumeĪ 365-day year and round to two decimal places) using the FIFO inventory costing method.īe sure to explain what each ratio means.Ģ. include the following data:Ĭost of goods sold:$ $Computed under FIFO |528,600$ $Computed under LIFO |555,000Īverage inventory:$ $Computed under FIFO| 72,200$ $Computed under LIFO |45,800ġ. The recent financial statements of McLelland Clothing Inc.
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