The purpose of this assignment is to analyze liabilities when making business decisions. Read Case Study 13-1 "Accounting for Contingent Assets: The Case of Cardinal Health," from Chapter 13 in the textbook. Prepare this assignment according to the guidelines found in the APA Style Guide, SEE ATTACHED This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Prose is largely free of mechanical errors, although a few may be present. The writer uses a variety of effective sentence structures and figures of speech. Writer is clearly in command of standard, written, academic English. Appropriate template is fully used. There are virtually no errors in formatting style. All format elements are correct. Sources are documented, as appropriate to assignment and style, and format is mostly correct. Sources are completely and correctly documented, as appropriate to assignment and style, and format is free of error.

Thesis is clear and forecasts the development of the paper. Thesis is descriptive and reflective of the arguments and appropriate to the purpose. Thesis is comprehensive and contains the essence of the paper. Thesis statement makes the purpose of the paper clear. Argument shows logical progressions. Techniques of argumentation are evident. There is a smooth progression of claims from introduction to conclusion. Most sources are authoritative. Clear and convincing argument that presents a persuasive claim in a distinctive and compelling manner. All sources are authoritative.

Classification of Cardinal Health behavior, including justification for the rating, is complete and includes explanation and relevant supporting details. Classification of Cardinal Health behavior, including justification for the rating, is extremely thorough and includes substantial explanation and relevant supporting details.

Explanation of what Cardinal Health did to get in trouble with the SEC is complete and clear and includes relevant supporting details. Explanation of what Cardinal Health did to get in trouble with the SEC is extremely thorough and clear and includes substantial relevant supporting details. Justification of the timing of gains, including discussion of how senior managers defend these decisions, is complete and includes explanation and relevant supporting details. Justification of the timing of gains, including discussion of how senior managers defend these decisions, is extremely thorough and includes substantial explanation and relevant supporting details.

Good (87.00%) Excellent (100.00%) Justification for deducting the expected litigation gain from cost of goods sold, including explanation of why this alternative was selected rather than reporting it as a nonoperating item, is complete and includes explanation and relevant supporting details. Justification for deducting the expected litigation gain from cost of goods sold, including explanation of why this alternative was selected rather than reporting it as a nonoperating item, is extremely thorough and includes substantial explanation and relevant supporting details. Explanation of the quote from a senior Cardinal Health executive is complete and clear and includes relevant supporting details. Explanation of the quote from a senior Cardinal Health executive is extremely thorough and clear and includes substantial relevant supporting details.