As Baldwin Company controller, you are responsible for informing the board of directors about its financial activities.
Question:
After the meeting, the companys CEO holds a press conference with analysts in which she mentions the following ratios.
Required
1. Why do you think the CEO decided to report 4 ratios instead of the 11 prepared?
2. Comment on the possible consequences of the CEOs reporting of the ratiosselected.
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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