ethics in the workplace 7
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Then, read the Ethics Challenge Case 1-7 on page 63 in your text. Answer the following questions below.
Question 1: What made the CEO decide on reporting only the 4 ratios?
Question 2: What are the possible consequences of the CEO’s reporting decision?
Question 3: As controller, what advice would you give the CEO regarding his/her disclosure?
Question 4: What actions would you advise the company to take now? (and going forward)
Required:
a. Why do you think the CEO decided to report these 4 ratios instead of the 11 ratios that you prepared?
b. Comment on the possible consequences of the CEO’s reporting decision.
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