Business, 31.08.2019 23:30 misswonderless

Sam cresco, president of cresco company, has instructed sharon gross, the head of the accounting department for cresco company, to report the company’s land in the company’s accounting reports at its fair value of $170,000 instead of its cost of $100,000. cresco says, “showing the land at $170,000 will make our company look like a better investment when we try to attract new investors next month.” explain the ethical situation involved for sharon gross, identifying the stakeholders and the alternatives.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 14:00

Proportion of us adults who own a cell phone. in a survey of 1006 us adults in 2014, 90% said they had a cell phone.1

Answers: 2

Answer

Business, 22.06.2019 09:50

The returns on the common stock of maynard cosmetic specialties are quite cyclical. in a boom economy, the stock is expected to return 22 percent in comparison to 9 percent in a normal economy and a negative 14 percent in a recessionary period. the probability of a recession is 35 percent while the probability of a boom is 10 percent. what is the standard deviation of the returns on this stock?

Answers: 2

Answer

Business, 22.06.2019 13:10

Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .

Answers: 1

Answer

Business, 22.06.2019 16:10

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?

Answers: 1

Answer

You know the right answer?

Sam cresco, president of cresco company, has instructed sharon gross, the head of the accounting dep...

Questions