Business, 18.12.2019 05:31 devenybates

Anton blair is the manager of a medium-size company. a few years ago, blair persuaded the owner to base a part of his compensation on the net income the company earns each year. each december he estimates year-end financial figures in anticipation of the bonus he will receive. if the bonus is not as high as he would like, he offers several recommendation to the accountant for year-end adjustments. one of his favorite recommentdations is for the controller to reduce the estimate of doubtful accounts.

1. what effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet?

2. do you believe blair's recommendation to adjust the allowance for doubtful accounts is within his right as manager, or do you believe this action is an ethics violation? justify you response.

3. what type of internal controls might be useful for this company in overseeing the managers recommendations for accounting changes?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:30

The following information relates to wagner, inc.: advertising costs $ 18 comma 600 administrative salaries 17 comma 800 delivery vehicle depreciation 1 comma 500 factory repair and maintenance 600 indirect labor 10 comma 000 indirect materials 18 comma 000 manufacturing equipment depreciation 3 comma 000 office rent 58 comma 000 president's salary 1 comma 100 sales revenue 600 comma 000 sales salary 5 comma 200 how much were wagner's period costs

Answers: 3

Answer

Business, 22.06.2019 07:30

An instance where sellers should work to keep relationships with customers is when they instance where selllars should work to keep relationships with customers is when they feel that the product

Answers: 1

Answer

Business, 22.06.2019 12:00

Select the correct answer. martha is a healer, a healthcare provider, and an experienced nurse. she wants to share her daily experiences, as well as her 12 years of work knowledge, with people who may be interested in health and healing. which mode of internet communication can martha use? a. wiki b. email c. message board d. chat e. blog

Answers: 2

Answer

Business, 22.06.2019 19:40

When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?

Answers: 1

Answer

You know the right answer?

Anton blair is the manager of a medium-size company. a few years ago, blair persuaded the owner to b...

Questions