Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Esteban Appleby, CPA, is an assistant to the controller of Summerfield Consulting Co. In his spare time, Esteban also prepares tax returns and performs general accounting services for clients. Frequently, Esteban performs these services after his normal working hours, using Summerfield Consulting Co.'s computers and laser printers. Occasionally Esteban's clients will call him at the office during regular working hours. Discuss whether Esteban is performing in a professional manner. If you were a manager, what would you do differently in order to make sure your employees are not using the company's assets for their own benefit?
Research and analyze the ethical and legal issues involving the use of a company's assets by employees. Employees should know that the use of a company's assets is unethical, but many employees do it anyway. Why?
Does Esteban's position with the company and his use of the company phone and assets expose the company to potential liability? Why or why not?
Special instructions for this Discussion Board: Use a minimum of two outside sources and cite references. Your initial post must be a minimum of 250 words in length to adequately discuss this situation.
What are the partner's inital adjusted bases in their partnership interests? What is the PJD partnership's basis in its assets?
Your company just bought an asset for $200,000 with an estimated useful life of 5 yrs, and a salvage value of $10,000. The Controller asks you to use a depreciation method that would produce the highest charge against income after three years. Wha..
Carson, Letterman, and O'Brien are partners who share profits and losses 50%, 30%, and 20%, respectively. Their capital balances are $116,000, $69,000, and $34,000, respectively.
Internal financial information is not available to public, so we have to rely on external information for our analysis. Review the financial statements for two years for your company which is Walgreens and another company which is CVS in the same ..
Suppose instead that SSC has just made a $50 million distribution in the form of a stock repurchase. Now what is SSC's intrinsic value of equity? How many shares did SSC repurchase? How many shares remained outstanding after the repurchase? What i..
russell age50 and linda age45 long have brought you the following information regarding their income and expenses for
Comment on the following items relative to tax planning strategies of a fiduciary entity.
determine the external and internal factors that influence credit policy and decision making within a company that
Fresher Foods, Inc., orally agreed to purchase from Dale Vernon, a farmer, one thousand bushels of corn for $1.25 per bushel. Fresher Foods paid $125 down and agreed to pay the remainder of the purchase price on delivery, which was scheduled for o..
Calculate the income recognized by Parcell under the percentage-of-completion method of accounting in each of the years 2007, 2008, and 2009.
What are the annual net cash inflows that will be provided by the new dipping machine? Compute the new machine's net present value. Use the incremental cost approach.
Stone Co. owns 3,000 of the 10,000 outstanding shares of Maye Corp. common stock. During 2007, Maye earns $180,000 and pays cash dividends of $50,000. Stone should report investment revenue for 2007 of
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd