subject
Business, 06.05.2020 02:00 glolord9322

Anstead Co. is experiencing a decrease in sales and operating income for the fiscal year ending October 31, 2014. Ryan Frazier, controller of Anstead Co., has suggested that all orders received before the end of the fiscal year be shipped by midnight, October 31, 2014, even if the shipping department must work overtime. Since Anstead Co. ships all merchandise FOB shipping point, it would record all such shipments as sales for the year ending October 31, 2014, thereby offsetting some of the decreases in sales and operating income.

Required:
Discuss whether Ryan Frazier is behaving in a professional manner.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet
Answers: 1
question
Business, 22.06.2019 01:30
Diversity is an obstacle all marketers face: true false
Answers: 2
question
Business, 22.06.2019 13:50
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system
Answers: 1
question
Business, 22.06.2019 15:00
Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?
Answers: 1
You know the right answer?
Anstead Co. is experiencing a decrease in sales and operating income for the fiscal year ending Octo...
Questions
question
History, 17.07.2020 01:01
question
Mathematics, 17.07.2020 01:01
question
Engineering, 17.07.2020 01:01
question
Mathematics, 17.07.2020 01:01
question
Computers and Technology, 17.07.2020 01:01
question
Mathematics, 17.07.2020 01:01
question
Computers and Technology, 17.07.2020 01:01
question
English, 17.07.2020 01:01
Questions on the website: 13722367