1. Discuss the importance of business ethics and the consequences of unethical behavior. In 150 words
2. Identify the advantages and disadvantages of different forms of business organization, what are the differnt forms. In 150 words.
3. Fake Company Phi's receivables turnover is 4x. The accounts receivable at year-end are $600,000. The average collection period is 90 days. What was the revenues number for the year assuming all sales are on credit?