Reference no: EM131262455
After reading the following case, please answer the questions for your Discussion posting.
Horizon Corporation manufactures personal computers. The company began operations in 1999 and reported profits for the years 2001 through 2004. Due primarily to increased competition and price slashing in the industry, 2005's income statement reported a loss of $20 million. Just before the end of the 2006 fiscal year, a memo from the company's chief financial officer to Jim Fielding, the company controller, included the following comments:
If we don't do something about the large amount of unsold computers already manufactured, our auditors will require us to write them off. The resulting loss for 2006 will cause a violation of our debt covenants and force the company into bankruptcy. I suggest that you ship half of our inventory to J.B. Sales, Inc., in Oklahoma City. I know the company's president and he will accept the merchandise and acknowledge the shipment as a purchase. We can record the sale in 2006 which will boost profits to an acceptable level. Then J.B. Sales will simply return the merchandise in 2007 after the financial statements have been issued.
What is the ethical dilemma faced by Jim Fielding?
Who would be affected by Fielding's approach?
If you were the manager, how would you face this decision?
|
What economic conditions might be considered
: How would you use these methods to market the job to potential candidates? How will you differentiate and position the job in the job market? What legal considerations must be taken into account with Internet-based recruitment programs?
|
|
The adjusting entry for the insurance policy would include
: A one-year insurance policy was purchased for $2,000. Three months have passed since the purchase. The adjusting entry for the insurance policy would include a:
|
|
How might an attacker be able to learn ica after times out
: For the protocol in Section 17.3, consider an attacker who intercepts all communications. Can the attacker retroactively read data between Alice and Bob if KA and KB are both later exposed?
|
|
Determinants of health
: After reading about all the 5 determinants of health, I have chosen to describe the Social Factors. The social health determinants encompass both the physical conditions and social factors pertaining to the environment in which individuals are bor..
|
|
What is the ethical dilemma faced by jim fielding
: Horizon Corporation manufactures personal computers. The company began operations in 1999 and reported profits for the years 2001 through 2004. Due primarily to increased competition and price slashing in the industry, 2005's income statement reporte..
|
|
Related to positive outcomes in job performance
: Our text suggests that the dimensions of servant leadership are related to positive outcomes in job performance, organizational commitment, and community commitment.
|
|
What is a reasonable lifetime to use for the keys ka and why
: For the protocol in Section 173, how might an attacker be able to learn KA before it times out? What bad things would the attacker be able to do with that knowledge? What bad things would the attacker not be able to do with that knowledge?
|
|
What price is the fund raising committee favoring
: What price is the Fund Raising Committee favoring and how many people will receive the DVD if this becomes the price of the suggested donation? Explain your answers.
|
|
Impair the ability to make reasonable estimate of returns
: Many companies sell products allowing their customers the right to return merchandise if they are not satisfied. Because the return of merchandise can retroactively negate the benefits of having made a sale, List the criteria that must be met before ..
|