Investor opinion regarding financial health of business

Assignment Help Financial Accounting

Reference no: EM131292217

How may the inventory reported in the balance sheet be manipulated to affect an investor's opinion regarding the financial health of a business? Would you share with us some of your experiences or an article or event that demonstrates inventory manipulation? Please, cite your resources clearly. (Hint, Crazy Eddie, Bauch and Lomb, etc..) Do you believe that managers need to know about inventory and receivable fraud? Why? Please provide some examples to share.

Reference no: EM131292217

Questions Cloud

Accounts receivable before allowance for doubtful accounts : At the close of its first year of operations, December 31, 2017, Ming Company had accounts receivable of $1,620,000, after deducting the related allowance for doubtful accounts. What should the company report on its balance sheet at December 31, 2017..

Time value of money : Suppose you are planning to purchase a new car, 5 years from today, at an expected price of 28,000 dollars, how many dollars do you need to put into an account today, if the annual interest rate to be paid on the account is 8.0 percent per year? Supp..

In preparing its budget proposals : In preparing its budget proposals, a city’s budget committee initially estimated that total revenues would be $120 million and total expenditures would be $123 million. Defer indefinitely $1.5 million of maintenance on city roads. Except as just note..

What is the present value of your winnings : Assume that you just won $30 million in the Florida lottery, and hence the state will pay you 20 annual payments of $1.5 million at the end of each year. If the rate of return on securities of similar risk to the lottery earnings (e.g., the rate on 2..

Investor opinion regarding financial health of business : How may the inventory reported in the balance sheet be manipulated to affect an investor's opinion regarding the financial health of a business? Would you share with us some of your experiences or an article or event that demonstrates inventory manip..

What is net income using variable costing : Cool Pools, a manufacturer of above ground pools, began operations on January 1 of the current year. During this time, the company produced 45,000 units and sold 44,000 units at a sales price of $60 per unit. what is net income using variable costing..

Capital asset disclosures : Capital Asset Disclosures. Carmel County has prepared the following schedule related to its capital asset activity for the fiscal year 2017. Carmel County has governmental activites only, with no business-type activities.

Calculated using straight-line method-mid-month convention : For real property placed in service after 1986, depreciation under the MACRS system is calculated using the straight-line method and a mid-month convention in the year of acquisition and in the year of disposition.

Should the city accept the offer from private corporation : A city operates a computer service department. The department maintains and repairs the computers of all other city departments, billing them for each job performed. Based on the limited data provided, should the city accept the offer from the privat..

User Account

All Pages