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!
Question - The executive officers of Rouse Corporation have a performance-based compensation plan. The performance criteria of this plan is linked to growth in earnings per share. When annual EPS growth is 12%, the Rouse executives earn 100% of the shares; if growth is 16%, they earn 125%. If EPS growth is lower than 8%, the executives receive no additional compensation. In 2020, Joan Devers, the controller of Rouse, reviews year-end estimates of bad debt expense and warranty expense. She calculates the EPS growth at 15%. Kurt Adkins, a member of the executive group, remarks over lunch one day that the estimate of bad debt expense might be decreased, increasing EPS growth to 16.1%. Devers is not sure she should do that because she believes that the current estimate of bad debts is sound. On the other hand, she recognizes that a great deal of subjectivity is involved in the computation.
a. What, if any, is the ethical dilemma for Devers?
b. Should Devers's knowledge of the compensation plan be a factor that influences her estimate?
c. How should Devers respond to Adkins's request?
In 2016 the Moore Company, a tractor manufacturer purchased equipment at a cost of $9, 500,000. The sales tax rate was 6% on the purchase price.
Accounts payable $65,000, Accounts receivable $42,000, Capital stock $100,000, Cash $50,000, How much are total assets
Suppose you have purchased land, a building, and some equipment. Prepare the journal entry for the lump-sum purchase
alabama alarm corp. plans to finance its operations by issuing 12000000 of 10 year 10 bonds with interest payable
In a business combination in which the total fair value of the identifiable assets acquired over liabilities assumed is greater than the consideration paid, the excess fair value is.
Identify and create a graphic of major competitors, identifying market share/products to show competition in the industry. Summarize key industry trends for the last five years, using resources such as Standard & Poor's Industry Surveys, or Chamber..
(Journal entries and financial statements for a Private Purpose Trust Fund) Prepare a statement of fiduciary fund net position as of that date.
the 3d printer company applies manufacturing overhead to products on the basis of standard machine hours. budgeted and
A parent of a child in the 3-5year old room asks you to keep her daughter clean. List an ethical consideration as the Educator working with this family
Budgeted machine hours are 120,000 hours, and budgeted labor hours are 15,000 hours at a rate of $20.00 per hour. Compute the predetermined overhead rate based on:
At the time Silver is acquired by Gold, the accumulated earnings and profits of Silver are $100,000 and Gold s are $50,000. How does Alluvia treat this transaction for tax purposes?
How to find cash flows from financing activities in a statement of cash flows:- Payment of dividends ,Net cash provided by financing activities
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