Parker owned all of odom inc. although the investment in odom inc. account had a balance of $834,000, the subsidiary's 12,000 shares had an underlying book value of only $56 per share. on january 1, 2011, odom issued 3,000 new shares to the public for $70 per share. how does this transaction affect the investment in odom inc. account? a) it should be decreased by $141,120.b) it should be increased by $176,400.c) it should be increased by $48,000.d) it should be decreased by $128,400.e) it is not affected since the shares were sold to outside parties.

The a/p clerk of a company writes the checks for vendors, and the controller signs the checks. the a/p clerk hasdevised a plan to give herself a raise. she creates a new vendor for her friend's business and creates two purchaseorders for random car detailing services for $75 and $70. she writes the checks to pay these new vendors knowing thecontroller will only pay close attention to checks over $100. she delivers the checks to her friend to deposit in his bankaccount, and then he writes her a personal check for the full amount of $145.ceventually, what will be the effect of her actions? what can the company do to prevent this type of behavior? due mondav