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Question - The engineering department has developed a new product, but top management will not approve it for production because of its high break-even point. David, the lead engineer, knows it is a good product and tries to reduce the fixed costs in his proposal. From the accounting department, he has asked you to find ways to credibly misstate the estimated fixed costs that an objective person would not estimate.
David believes that once the new product becomes successful, it will benefit the shareholders. Is David's idea ethical? Is it ethical for you to help him? If it does become successful, what would it have hurt to fudge the numbers to get it started?
Joe does not want to force any member to sell their shares but would like to clean up the register, Advise Joe on the legal implications of his plan
Footings for a structure are to be built beneath a basement slab
An insured carries all three classifications of insurance, with a deductible of $500 for collision. How much did the insurance company pay for this accident
What is the highest price that Talboe could pay the outside supplier for each wheel and still be economically indifferent between making or buying the wheels?
You are the auditor from a CPA firm who each year audits a company called ABC Grocers, Inc. ABC Grocers, understandably, has a large amount of their assets.
Show the B/S carrying amount for each of the 2 years if the investment is classified as TRADING, AFS and EQUITY METHOD (Show calculations)
The following information was reported by Young's Air Cargo Service for 2014: Compute the company's fixed asset turnover ratio for the year
A company has the following balances on December 31, 2021, after year-end adjustments: Accounts Receivable = $62,600; Calculate net accounts receivable
What the amount of the total factory overhead cost variance is? The standard costs and actual costs for factory overhead for the manufacture
you have to provide the full statement with inconsistence year to analyze its financial position
Select a government Organization , It is better to be a Saudi organization, (give introduction and mention the type of activity it does)
why does a company perform ratio analysis? what are the turnover ratios? describe the formula for one turnover ratio
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