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Glencoe Accounting Advanced / 148073547 Glencoe Accounting Advanced Course Chapter 5: Accounting for Inventories A Matter of Ethics Profits vs. Cheap Labor Imagine that you purchase inventory for a clothing store that sells quality clothes at low prices. Recently you learned that one of your vendors has sewing plants in a country where child labor is legal. You consider finding a manufacturer who uses only adult labor, but you know that the clothes will cost more. You also know that changing vendors will affect your company’s profits. Ethical Decision Making: • What are the ethical issues? • What are the alternatives? • Who are the affected parties? • How do the alternatives affect the parties? • What would you do? D:\148073547.doc